923-C - Village of Spring Valley industrial development agency.
§ 923-c. Village of Spring Valley industrial development agency. For the benefit of the Village of Spring Valley and the inhabitants thereof, an industrial development agency, to be known as the VILLAGE OF SPRING VALLEY 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 conferred by title one of article eighteen-A of this chapter upon industrial development agencies except that it shall not have the power of condemnation and, provided however, that the exercise of the powers by such agency with respect to the acquisition of real property whether by purchase or otherwise, shall be limited to lands within the confines of the incorporated area of the village of Spring Valley and shall be subject to the local zoning and planning regulations and shall take into consideration 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 Village of Spring Valley. 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.