Section 927-D. City of Utica industrial development agency

For the benefit
  of the  city  of  Utica  and  the  inhabitants  thereof,  an  industrial
  development  agency,  to  be  known  as  the  CITY  OF  UTICA 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 consist of five members who shall be
  appointed by the mayor of the city of Utica, and its chairman  shall  be
  designated  by  such  mayor.  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.  It  shall organize in a manner
  prescribed by and be subject to the provisions of title one  of  article
  eighteen-A  of  this  chapter.  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.