(a) General rule.-- The county commissioners may purchase, accept by gift or devise real property within the county, including Federal surplus real property, for the purpose of developing the same for industrial use under a local, regional or county plan and to expend money to bring utilities within a county industrial area and to develop an area for industrial sites. (b) Sale or lease of land.-- A county may sell, or lease for a term not to exceed 99 years, to an industrial development organization, with or without consideration, lands, easements or rights in land, together with any improvements, buildings or structures on the land owned by the county for the purpose of establishing or enlarging a commercial, industrial or manufacturing enterprise or research and development center within the county. In addition, the following shall apply: (1) The industrial development organization shall be designated in the manner provided by Chapter 23 of the act of June 29, 1996 (P.L.434, No.67), known as the Job Enhancement Act. (2) The county may make an agreement with an industrial development organization for the industrial development of the lands, easements or rights in lands. (3) An instrument of sale, lease or other agreement made under this subsection may contain provisions regulating the uses of lands, buildings and structures for trade, industry, manufacture, research, residence, recreation, water supply, public activities or other purposes.
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