Section 500. City of Oneonta housing authority

A municipal housing
  authority, to be known as the city  of  Oneonta  housing  authority,  is
  hereby  created and established for the city of Oneonta in the county of
  Otsego, for the accomplishment  of  only  those  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 not less than three nor more than five members. It shall have
  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.