Section 2655-B. Public hearings of the authority

Prior to the adoption of
  any project where the authority would:
    1. expend more than five hundred thousand dollars;
    2. borrow money or issue bonds pursuant to subdivision four of section
  twenty-six hundred fifty-five of this title; or
    3. condemn  real  property  pursuant  to  section  twenty-six  hundred
  fifty-nine of this title;
    the  board shall schedule and hold a public hearing and solicit public
  comment on such project. After the conclusion of the public hearing  and
  comment,  the board shall consider the results of the public hearing and
  comments with respect to the adoption  of  the  proposed  project.  Such
  consideration by the board shall include the accommodation of the public
  interest  with  respect to such project, if such accommodation is deemed
  in the best interest of the community and the  authority's  purposes  as
  expressed  in  section  twenty-six hundred fifty-five of this title, the
  proposal and resolution may be amended.