1599-C - City of Binghamton parking authority.

* §  1599-c. City of Binghamton parking authority. A board to be known  as "City of Binghamton 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,  appointed by the mayor  of  the  city  of  Binghamton,  and  four  other  members,  who  shall  also be appointed by the mayor. The appointment of  the chairman shall be for a term of five years and of each of the  other  members  for  terms of one, two, three and four years from the first day  of July, nineteen hundred sixty-nine. At the expiration of  such  terms,  the  terms of office of their successors shall be five years so that the  term of office  of  one-fifth  of  such  members  shall  expire  on  the  thirtieth  day of June in each year. 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.  The mayor 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,  nineteen hundred ninety-nine, 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.    * NB Authority ceased to exist 12/31/99    * NB There are 4 § 1599-c's