N.Y. General Municipal Law Section 905
Town of Hempstead industrial development agency


1.

For the benefit of the town of Hempstead, county of Nassau, and the inhabitants thereof, an industrial development agency, to be known as the TOWN OF HEMPSTEAD 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 provide 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 Hempstead, 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 town of Hempstead, county of Nassau. 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 18-A (Industrial Development)article eighteen-A of this chapter.

2.

Prior to the approval of any application for a payment in lieu of taxes (hereinafter referred to in this section as “PILOT”) agreement by the agency for a project located in the village of Freeport or the village of Hempstead, the chief executive officer of the affected village shall be consulted. The agency shall also consult with the village governing body prior to any PILOT agreement being approved by the agency for a project located in the village of Freeport or the village of Hempstead. In addition, the agency shall obtain an impact analysis to determine the impact on the village of the project and the planned PILOT agreement. The applicant for such PILOT agreement shall bear the costs related to the required impact analysis. The agency and the village governing body shall jointly select a qualified entity to conduct the impact analysis. The membership of the agency, when reviewing applications and approving PILOT agreements for projects located in the village of Freeport or the village of Hempstead, shall include at least one member of such village’s governing body and at least three at large members drawn from a cross section of the village community.

3.

The agency shall review any PILOT agreement for a project located in the village of Freeport or the village of Hempstead after the third year of entering into such PILOT agreement, and every third year thereafter, and adjust the PILOT agreement accordingly based on changes to the assessed value and tax rate of all other real properties located in such villages. The agency shall provide a written report to the village of Freeport and the village of Hempstead documenting any and all variances or changes to the projected revenues of such villages from any such PILOT agreement.

4.

A PILOT agreement for a project located in the village of Freeport or the village of Hempstead shall not be renewed or renegotiated until a full audit has been completed of the accounts of the party obligated to make payments in lieu of taxes pursuant to the PILOT agreement with the agency. The agency and the village governing body shall jointly choose a qualified entity to conduct such audit. The party that is obligated to make payments in lieu of taxes pursuant to the PILOT agreement with the agency shall bear the costs of preparing such audit. The village of Freeport or the village of Hempstead may request from the office of the state comptroller an audit or review of the audit prior to the renewal or renegotiation of a PILOT agreement for a project located in the village of Freeport or the village of Hempstead. * NB Agency expires per §§ 856 and 882

Source: Section 905 — Town of Hempstead industrial development agency, https://www.­nysenate.­gov/legislation/laws/GMU/905 (updated Mar. 20, 2015; accessed Dec. 21, 2024).

890
Wayne county industrial development agency
890‑A
City of Dunkirk industrial development agency
890‑B
County of Cattaraugus industrial development agency
890‑C
Counties of Warren and Washington industrial development agency
890‑D
City of Port Jervis industrial development agency
890‑E
City of Salamanca industrial development agency
890‑H
County of Saratoga industrial development agency
890‑I
City of Amsterdam industrial development agency
890‑J
City of Saratoga Springs industrial development agency
891
Town of Wallkill industrial development agency
891‑A
Erie county industrial development agency
891‑E
Town of Shawangunk, Ulster county industrial development agency
892
Town of Brookhaven industrial development agency
892*2
Cayuga county industrial development agency
892‑A
Schuyler county industrial development agency
892‑D
Town of Malone county of Franklin industrial development agency
892‑E
Jefferson county industrial development agency
892‑F
Ontario county industrial development agency
892‑G
Town of Corinth Industrial development agency
892‑G*2
County of Orleans industrial development agency
893
Madison county industrial development agency
893‑A
Seneca county industrial development agency
893‑B
Yates county industrial development agency
893‑C
Town of Addison industrial development agency
894‑C
Town of Moreau industrial development agency
895
Onondaga county industrial development agency
895‑A
Broome county industrial development agency
895‑B
Tompkins county industrial development agency
895‑C
Fulton county industrial development agency
895‑D
Montgomery county industrial development agency
895‑E
Genesee county industrial development agency
895‑F
County of Clinton industrial development agency
895‑H
County of Chautauqua industrial development agency
895‑I
Steuben county industrial development agency
895‑J
Greene county industrial development agency
895‑K
Livingston county industrial development agency
895‑L
Columbia county industrial development agency
896
Chemung county industrial development agency
896‑A
The city of Cohoes industrial development agency
897
Town of Erwin industrial development agency
897‑A
The village of Sackets Harbor industrial development agency
898
Herkimer county industrial development agency
898‑A
Town of Lancaster industrial development agency
898‑B
Town of Islip industrial development agency
900‑A
Village of Port Chester industrial development agency
901
Oneida county industrial development agency
901‑A
Town of Clarence, Erie county, industrial development agency
901‑B
Wyoming county industrial development agency
902
Cortland county industrial development agency
902‑A
County of Lewis industrial development agency
902‑B
City of Hudson industrial development agency
902‑C
City of Mount Vernon industrial development agency
903
City of Yonkers industrial development agency
903‑A
City of Albany industrial development agency
903‑B
Albany county industrial development agency
903‑C
City of Rensselaer industrial development agency
903‑D
Rensselaer county industrial development agency
903‑E
City of Schenectady industrial development agency
904‑A
Town of Warwick industrial development agency
905
Town of Hempstead industrial development agency
905‑A
Schoharie county industrial development agency
906
County of Sullivan industrial development agency
906‑A
Allegany county industrial development agency
907‑A
Town of Babylon industrial development agency
908
County of Delaware industrial development agency
908‑B
City of New Rochelle industrial development agency
909
County of Franklin industrial development agency
909‑A
Town of Guilderland industrial development agency
909‑B
Town of Bethlehem industrial development agency
910‑A
County of Otsego industrial development agency
910‑B
Village of Fairport industrial development agency
910‑C
Village of Coxsackie industrial development agency
910‑D
Village of Depew industrial development agency
911
Town of Dunkirk industrial development agency
911‑A
Suffolk county industrial development agency
911‑B
County of Oswego industrial development agency
911‑C
Town of Montgomery industrial development agency
911‑D
Town of Colonie industrial development agency
912
Tioga county industrial development agency
912*2
Orange county industrial development agency
912‑A
County of Putnam industrial development agency
913
City of Newburgh industrial development agency
913*2
City of Newburgh industrial development agency
914
St
914‑A
Essex county industrial development agency
914‑A*2
Town of Amherst industrial development agency
914‑A*3
County of Chenango industrial development agency
916
County of Monroe industrial development agency
916‑A
The Niagara county industrial development agency
917
City of Poughkeepsie industrial development agency
917*2
New York City Industrial Development Agency
918
Village of Buchanan industrial development agency
919
Glen Cove industrial development agency
919‑A
City of Peekskill industrial development agency
920
City of Hornell industrial development agency
921
Village of Liberty industrial development agency
922
Nassau county industrial development agency
922‑A
Village of Hastings-on-Hudson industrial development agency
923
Ulster county industrial development agency
923‑A
County of Westchester industrial development agency
923‑B
City of Glens Falls industrial development agency
924
Southeast industrial development agency
925
Dutchess county industrial development agency
925‑H
Schenectady county industrial development agency
925‑K
City of Mechanicville and town of Stillwater industrial development agency
925‑L
County of Rockland industrial development agency
925‑M
Village of Green Island industrial development agency
925‑P
Town of Riverhead industrial development agency
925‑P*2
Town of Clifton Park industrial development agency
925‑R
Town of Hamptonburgh industrial development agency
925‑V
Town of Hamburg industrial development agency
925‑Z
Town of Waterford industrial development agency
926
City of Syracuse industrial development agency
926‑D
City of Middletown industrial development agency
926‑I
Village of Groton industrial development agency
926‑R
Hamilton county industrial development agency
927
Town of Mount Pleasant industrial development agency
927‑A
Town of North Greenbush industrial development agency
927‑A*2
City of Geneva industrial development agency
927‑B
Village of Seneca Falls industrial development agency
927‑D
City of Utica industrial development agency
927‑E
Town of Sand Lake industrial development agency
927‑F
Putnam county industrial development agency
928
Town of Lockport industrial development agency

Accessed:
Dec. 21, 2024

Last modified:
Mar. 20, 2015

§ 905’s source at nysenate​.gov

Link Style