Section 1599-CCCC. City of Long Beach parking authority

A board to be known
  as "City of Long Beach parking authority" is hereby created.  Such board
  shall  be  a  body  corporate  and politic constituting a public benefit
  corporation, and its existence shall commence upon  the  appointment  of
  the  members  as  herein  provided.  It  shall  consist  of  a chairman,
  appointed by the city manager of the city of Long Beach, and four  other
  members,   who  shall  also  be  appointed  by  the  city  manager.  The
  appointment of the chairman shall be for a term of  five  years  and  of
  each  of  the  other members for terms of one, two, three and four years
  from the  first  day  of  July  nineteen  hundred  seventy-two.  At  the
  expiration  of such terms, the terms of office of their successors shall
  be five years so that the term of office of one-fifth  of  such  members
  shall  expire on the thirty-first day of March in each year. Each member
  shall continue to serve until the appointment and qualification  of  his
  successor.  Vacancies  in  such  board  occurring  otherwise than by the
  expiration of such term, shall be filled for  the  unexpired  term.  The
  members  of  the  board  shall choose from their number a vice-chairman.
  The city manager may remove any member of the  board  for  inefficiency,
  neglect  of  duty  or  misconduct  in  office,  giving him a copy of the
  charges against him and an opportunity of being heard in person,  or  by
  counsel, in his defense upon not less than ten days' notice. The members
  of the board shall be entitled to no compensation for their services but
  shall  be  entitled  to  reimbursement  for  their  actual and necessary
  expenses incurred in the  performance  of  their  official  duties.  The
  powers  of  the authority shall be vested in and exercised by a majority
  of the members of the board then in office. Such board may  delegate  to
  one or more of its members or to its officers, agents and employees such
  powers  and  duties  as it may deem proper. Such board and its corporate
  existence shall continue only  to  the  thirty-first  day  of  December,
  nineteen  hundred  ninety-nine, and thereafter until all its liabilities
  have been met and its bonds have been paid in full or  such  liabilities
  or  bonds have otherwise been discharged. Upon its ceasing to exist, all
  its rights and properties shall pass to the city.