Section 662. Rensselaer urban renewal agency

An urban renewal agency, to
  be known as the Rensselaer 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, be perpetual  in  duration  and
  consist  of  five members: the mayor of the city of Rensselaer who shall
  be its chairman, the corporation counsel,  the  superintendent  of  fire
  alarms,  the  president of common council and a citizen of the community
  to be appointed by the mayor. It shall have the powers and duties now or
  hereafter conferred by article fifteen-A of this chapter upon  municipal
  urban  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  operation
  and  activities  shall  in all respects be governed by the provisions of
  such article.