Section 927-E. Town of Sand Lake industrial development agency

For the
  benefit of the  town  of  Sand  Lake,  county  of  Rensselaer,  and  the
  inhabitants  thereof,  an  industrial development agency, to be known as
  the  town  of  Sand  Lake  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 Sand Lake, 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 Sand  Lake.  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.