N.Y. Public Authorities Law § 1952: Troy industrial development authority

§ 1952. Troy industrial development authority. A board to be known as

the "Troy industrial development 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. Its members shall consist

of a chair and eight other members, all of whom shall be appointed by

the mayor of the city for a term of three years, and shall include two

members of the common council of the city, one representative of the

city school board, and one representative from each of the fields of

business, industry and labor. Every appointment to the board shall be

subject to confirmation by the common council of the city. The chair and

each member shall continue to serve until the appointment and

confirmation of his or her successor. Vacancies in such board occurring

otherwise than by expiration of term shall be filled by the mayor by

appointment for the unexpired term subject to confirmation by the common

council of the city. The mayor may remove the chair or any member of the

board for inefficiency, neglect of duty or misconduct in office, after

giving him or her a copy of the charges against him or her and an

opportunity of being heard in person, or by counsel, in his or her

defense upon not less than ten days' notice. Such removal must be

approved by the city council of the city. 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. Notwithstanding any inconsistent

provisions of law, general, special or local, no officer or employee of

the city shall be deemed to have forfeited or shall forfeit his or her

office or employment by reason of his or her acceptance of membership on

the board created by this section, provided, however, that a member who

holds such other public office or employment shall receive no additional

compensation or allowance for services rendered pursuant to this title,

but shall be entitled to reimbursement for his or her actual and

necessary expenses incurred in the performance of such services. The

power of the authority shall be vested in and exercised by a majority of

the members of the board. Such a 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 in accordance with section nineteen hundred sixty-seven

of this title. Upon its ceasing to exist, all rights and properties

shall pass to and be vested in the city.