2019 New York Laws
GMU - General Municipal
Article 18-A - Industrial Development
Title 2 - Municipal Industrial Development Agencies
926 - City of Syracuse Industrial Development Agency.

Universal Citation: NY Gen Mun L § 926 (2019)
* §  926.  City of Syracuse industrial development agency. (a) For the
benefit of  the  city  of  Syracuse  and  the  inhabitants  thereof,  an
industrial  development  agency,  to  be  known  as the CITY OF SYRACUSE
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  consist  of  five
members  who shall be appointed by the mayor of the city of Syracuse and
its chairman shall be designated by such mayor. 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. It shall  organize
in  a manner prescribed by and be subject to the provisions of title one
of article eighteen-A of this chapter. 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.

(b) The city shall have the power to make, or contract to make grants or loans, including but not limited to grants or loans of money, to the agency in such amounts, upon such terms and conditions and for such period or periods of time as in the judgment of the city and the agency are necessary or appropriate for the accomplishment of any of the purposes of the agency. * NB Agency expires per §§ 856 and 882

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