Legislation

Search OpenLegislation Statutes
This entry was published on 2015-03-20
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 911-D
Town of Colonie industrial development agency
General Municipal (GMU) CHAPTER 24, ARTICLE 18-A, TITLE 2
* § 911-d. Town of Colonie industrial development agency. For the
benefit of the town of Colonie and the inhabitants thereof, an
industrial development agency, to be known as the TOWN OF COLONIE
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 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 Colonie, and such agency
shall take into consideration the local zoning and planning regulations
as well as the regional and local comprehensive land use plans;
provided, however, that in the event a project is, or is to be located
partially outside the corporate limits of the town of Colonie, such
agency may acquire real property without the corporate limits of the
town of Colonie, whether by purchase, condemnation or otherwise, only
after it has obtained the prior consent of the governing bodies of all
the other municipal corporations in which a part or parts of the project
is, or is to be located. 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 town of Colonie. 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 article eighteen-A of this chapter.

* NB Agency expires per §§ 856 and 882