N.Y. General Municipal Law § 890-b: County of Cattaraugus industrial development agency

* § 890-b. County of Cattaraugus industrial development agency. 1. For

the benefit of the county of Cattaraugus and the inhabitants thereof, an

industrial development agency, to be known as the COUNTY OF CATTARAUGUS

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 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

title one of article eighteen-A of this chapter. Its members shall be

appointed by the governing body of the county of Cattaraugus. The

agency, its members, officers and employees and its operations and

activities shall, except as provided specifically herein, be governed by

the provisions of title one of article eighteen-A of this chapter.

2. In addition to the powers and duties now or hereafter conferred by

title one of article eighteen-A of this chapter, the agency shall have

the power (i) to acquire, construct, own, maintain, and lease or sell to

a railroad or private business corporation any interest in railroads

operated wholly or partially within Cattaraugus county, including

easements or rights of way, necessary switching apparatus, track, and

other equipment necessary or convenient to the operation of such

railroad, which will be used in conjunction with industrial,

manufacturing, commercial or warehousing operations and (ii) to finance

such facilities through the issuance of its bonds and notes, when in the

judgment of the agency, such facilities will serve to promote, develop,

encourage and assist in the acquiring, constructing, reconstructing,

improving, maintaining, equipping and furnishing of industrial,

manufacturing, warehousing, commercial, and research facilities

including industrial pollution control facilities and thereby advance

the job opportunities, health, general prosperity and economic welfare

of the people of the state and improve their prosperity and standard of

living.

* NB Agency expires per §§ 856 and 882