Section 447. Cortland Housing Authority

A municipal housing authority, to
  be known as the  Cortland  Housing  Authority,  is  hereby  created  and
  established  for the city of Cortland in the county of Cortland, for the
  accomplishment of any or  all  of  the  purposes  specified  in  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. It shall have all the powers and duties now or
  hereafter conferred by this chapter upon municipal housing  authorities.
  It  shall  be  organized  in the manner prescribed by and subject to the
  provisions of this chapter, and the authority, its members, officers and
  employees and its operations and activities shall  in  all  respects  be
  governed by the provisions of this chapter.