Section 680-C. Town of Riverhead community development agency

For the
  benefit of  the  town  of  Riverhead  and  the  inhabitants  thereof,  a
  community  development  agency,  to  be  known  as the TOWN OF RIVERHEAD
  COMMUNITY  DEVELOPMENT   AGENCY,   is   hereby   established   for   the
  accomplishment  of  any  or  all  of  the purposes specified in articles
  fifteen and fifteen-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  articles  fifteen  and
  fifteen-A  of  this  chapter  upon  community  development  agencies and
  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
  Riverhead,  and  such  agency  shall  take  into consideration the local
  zoning and planning regulations  as  well  as  the  regional  and  local
  comprehensive  land  use  plans.  It  shall  be  organized  in  a manner
  prescribed by and be subject to the provisions of articles  fifteen  and
  fifteen-A  of  this chapter. Its members shall consist of the supervisor
  of the town of Riverhead,  who  shall  be  its  chairman  and  the  four
  councilmen  of  the town of Riverhead. The agency, its members, officers
  and employees and its operations and activities shall in all respects be
  governed by the provisions of articles fifteen  and  fifteen-A  of  this
  chapter.