The Town of Amherst Industrial Development Agency (the Agency) is a public benefit
corporation created in 1973 in accordance with Article 18-A of New York State (the State)
General Municipal Law for the purpose of encouraging financially sound companies to locate
and expand in the Town of Amherst, New York (the Town). The Agency is exempt from
federal, State and local income taxes. The Agency is a separate entity and operates
independently of the Town.