N.Y.
General Municipal Law Section 890-B
County of Cattaraugus industrial development agency
1.
For the benefit of the county of Cattaraugus and the inhabitants thereof, an industrial development agency, to be known as the COUNTY OF CATTARAUGUS INDUSTRIAL DEVELOPMENT AGENCY, is hereby established for the accomplishment of any or all of the purposes specified in title one of article 18-A (Industrial Development)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 18-A (Industrial Development)article eighteen-A of this chapter upon industrial development agencies 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 18-A (Industrial Development)article eighteen-A of this chapter. Its members shall be appointed by the governing body of the county of Cattaraugus. The agency, its members, officers and employees and its operations and activities shall, except as provided specifically herein, be governed by the provisions of title one of article 18-A (Industrial Development)article eighteen-A of this chapter.2.
In addition to the powers and duties now or hereafter conferred by title one of article 18-A (Industrial Development)article eighteen-A of this chapter, the agency shall have the power (i) to acquire, construct, own, maintain, and lease or sell to a railroad or private business corporation any interest in railroads operated wholly or partially within Cattaraugus county, including easements or rights of way, necessary switching apparatus, track, and other equipment necessary or convenient to the operation of such railroad, which will be used in conjunction with industrial, manufacturing, commercial or warehousing operations and (ii) to finance such facilities through the issuance of its bonds and notes, when in the judgment of the agency, such facilities will serve to promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing of industrial, manufacturing, warehousing, commercial, and research facilities including industrial pollution control facilities and thereby advance the job opportunities, health, general prosperity and economic welfare of the people of the state and improve their prosperity and standard of living. * NB Agency expires per §§ 856 and 882
Source:
Section 890-B — County of Cattaraugus industrial development agency, https://www.nysenate.gov/legislation/laws/GMU/890-B (updated Mar. 20, 2015; accessed Oct. 26, 2024).
