674 - Town of Colonie urban renewal agency.

§  674. Town of Colonie urban renewal agency. An urban renewal agency,  to be known as the town of  Colonie  urban  renewal  agency,  is  hereby  established  for  the  accomplishment  of  any  or  all  of the purposes  specified in articles fifteen and  fifteen-A  of  this  chapter  and  in  accordance with article eighteen of the constitution of the state of New  York.  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  article  fifteen-A  of  this chapter upon municipal urban  renewal agencies. It shall be organized in the manner prescribed by  and  be  subject  to  the  provisions  of  article  fifteen-A  of the general  municipal law and the agency, its members, officers  and  employees  and  its  operations  and activities shall in all respects be governed by the  provisions of such article.