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This entry was published on 2015-03-20
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SECTION 925-T
Town of Concord industrial development agency
General Municipal (GMU) CHAPTER 24, ARTICLE 18-A, TITLE 2
* § 925-t. Town of Concord industrial development agency. 1. For the
benefit of the town of Concord and the inhabitants thereof, an
industrial development agency, to be known as the TOWN OF CONCORD
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 Concord, 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 town of Concord. 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. To the extent that the foregoing provisions
of this subdivision or of title one of this article are inconsistent
with the provisions of subdivision two of this section, the provisions
of such subdivision two shall be controlling.

2. The provisions of subparagraph two of paragraph (b) of subdivision
one of section eight hundred fifty-six of this article shall not apply
to the town of Concord industrial development agency and the agency as
created and constituted pursuant to the other provisions of this article
is continued until otherwise altered or terminated pursuant to law.

* NB Agency expires per §§ 856 and 882