Section 926-M. Town of Jay industrial development agency

For the benefit of
  the  town  of  Jay,  county  of  Essex,  and the inhabitants thereof, an
  industrial development agency, to be known as the TOWN OF JAY INDUSTRIAL
  DEVELOPMENT AGENCY, is hereby established for the accomplishment of  any
  or  all  of the purposes specified in title one of article eighteen-A of
  this chapter.  It shall constitute a body corporate and politic, and  be
  perpetual  in  duration.  It  shall  have  the  powers and duties now or
  hereafter conferred by title one of article eighteen-A of  this  chapter
  upon  industrial development agencies, provided that the exercise of the
  powers by such agency with respect to the acquisition of  real  property
  whether  by  purchase, condemnation or otherwise shall be limited to the
  corporate limits of the town of Jay, and such agency shall abide by  the
  local  zoning  ordinances  and  planning regulations and shall take into
  consideration the regional and local comprehensive land  use  plans.  It
  shall  be  organized  in  a  manner  prescribed by and be subject to the
  provisions of title one of  article  eighteen-A  of  this  chapter.  Its
  members shall be appointed by the governing body of the town of Jay. The
  agency,  its  members,  officers  and  employees, and its operations and
  activities shall in all respects be governed by the provisions of  title
  one of article eighteen-A of this chapter.