* § 924. Southeast industrial development agency. For the benefit of
the town of Southeast and the inhabitants thereof, an industrial
development agency, to be known as the SOUTHEAST 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 by purchase, shall be limited to the corporate limits of the
town of Southeast, 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. Notwithstanding the provisions of
subdivision four of section eight hundred fifty-eight of article
eighteen-A of this chapter, such agency shall not have the power to
acquire real property by condemnation. Its members shall be appointed by
the governing body of the town of Southeast. 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