Section 1585-C. Port Jervis parking authority

A board to be known as "Port
  Jervis parking authority" is hereby created. Such board shall be a  body
  corporate,  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, who shall be
  appointed by the common council  of  the  city.  Of  the  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, and one for a period of five 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  term  shall  be  filled  for  the
  unexpired  term. The members of the board shall choose from their number
  a vice-chairman. The common council 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 for a
  period of five years, 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.