N.Y. General Municipal Law § 922-a: Village of Hastings-on-Hudson industrial development agency

* § 922-a. Village of Hastings-on-Hudson industrial development

agency. (a) For the benefit of the village of Hastings-on-Hudson,

Westchester county, and the inhabitants thereof, an industrial

development agency, to be known as the VILLAGE OF HASTINGS-ON-HUDSON

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 have, in addition to the

powers granted herein, all the powers and duties now or hereafter

conferred by title one of article eighteen-A of this chapter upon

industrial development agencies, provided that in the exercise of the

powers by such agency with respect to the acquisition and use of real

property such agency shall take into consideration local zoning and

planning regulations as well as regional and local comprehensive land

use plans. It shall be organized in the manner prescribed by and, except

as provided specifically herein, shall be subject to the provisions of

title one of article eighteen-A of this chapter. The agency, its

members, officers and employees and its operations and activities,

except as provided specifically herein, shall be governed by the

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

(b) In addition to the powers and duties now or hereinafter conferred

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

have the power (i) to acquire, construct, renovate, own, maintain,

improve, equip and lease, with an option to buy, or sell any interest in

one or more warehousing facilities, including, without limitation,

storage tanks for oil and other petroleum products, whether presently

existing or to be constructed, together with necessary harbor

facilities, loading facilities, roadways, equipment and other related

facilities necessary or convenient thereto and (ii) to finance the

acquisition of 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 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 of New York and improve

their prosperity and standard of living.

* NB Agency expires per §§ 856 and 882