N.Y. General Municipal Law § 903: City of Yonkers industrial development agency

* § 903. City of Yonkers industrial development agency. For the

benefit of the city of Yonkers and the inhabitants thereof, an

industrial development agency, to be known as the CITY OF YONKERS

INDUSTRIAL DEVELOPMENT AGENCY, is established to accomplish any or all

of the purposes specified in title one of this article. 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 this article upon industrial 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 city of

Yonkers, 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 this article. Six of such

members shall be appointed by the mayor of the city of Yonkers and one

such member shall be appointed by majority vote of the city council of

the city of Yonkers. 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 this article.

* NB Agency expires per §§ 856 and 882