Legislation
SECTION 903-A
City of Albany industrial development agency
General Municipal (GMU) CHAPTER 24, ARTICLE 18-A, TITLE 2
* § 903-a. City of Albany industrial development agency. For the
benefit of the city of Albany and the inhabitants thereof, an industrial
development agency, to be known as the CITY OF ALBANY 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 city of Albany, 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 city of Albany. 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
benefit of the city of Albany and the inhabitants thereof, an industrial
development agency, to be known as the CITY OF ALBANY 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 city of Albany, 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 city of Albany. 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