Section 650. Village of Fort Edward urban renewal agency

A municipal urban
  renewal  agency, to be known as the Village of Fort Edward 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, shall be
  perpetual in duration, and shall consist of five members  including  the
  mayor.  The  members shall be appointed or removed by the mayor with the
  concurring approval of a majority vote of  the  board  of  trustees.  It
  shall  have  the powers and duties now or hereafter conferred by article
  fifteen-A of this chapter upon municipal renewal agencies. It  shall  be
  organized  in  the manner prescribed by and be subject to the provisions
  of article fifteen-A of  this  chapter  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.