N.Y. Gen. Mun. Law § 920
For the benefit of the city of Hornell and the inhabitants thereof, an industrial development agency, to be known as the CITY OF HORNELL 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. It shall organize in a manner prescribed by and be subject to the provisions of title one of article eighteen-A of this chapter. Its members shall be appointed by the chief executive officer of the city of Hornell, subject to the approval of the governing body. 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.
N.Y. Gen. Mun. Law § 920