(b) In addition to the powers and duties now or hereinafter conferred by title one of article eighteen-A of this chapter, the agency shall have the power (i) to acquire, construct, renovate, own, maintain, improve, equip and lease, with an option to buy, or sell any interest in one or more warehousing facilities, including, without limitation, storage tanks for oil and other petroleum products, whether presently existing or to be constructed, together with necessary harbor facilities, loading facilities, roadways, equipment and other related facilities necessary or convenient thereto and (ii) to finance the acquisition of such facilities through the issuance of its bonds and notes, when, in the judgment of the agency, such facilities will serve to promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing industrial, manufacturing, warehousing, commercial, and research facilities including industrial pollution control facilities and thereby advance the job opportunities, health, general prosperity and economic welfare of the people of the state of New York and improve their prosperity and standard of living. * NB Agency expires per §§ 856 and 882
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