Section 1622-C. Village of Nyack parking authority

A board to be known as
  "Village of Nyack 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 and  four
  other  members,  all  of  whom  shall be appointed by the mayor with the
  approval of the board of trustees of the village. The appointment of the
  chairman shall be for a term of five years. Of the other  members  first
  appointed,  one  shall  be appointed for a period of one year, one for a
  period of two years, one for a period of three years, one for  a  period
  of  four  years. At the expiration of such terms, the terms of office of
  their successors shall be five years.  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  and  such  other
  officers deemed desirable by the board. The board of trustees 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,  twenty  hundred  fifteen,  and
  thereafter  until  all  its liabilities and duties have been met and its
  bonds and notes have been paid in full or such  liabilities,  bonds  and
  notes have otherwise been discharged. Upon its ceasing to exist, all its
  rights and properties shall pass to the village.