§7-12-3a. Management and control of municipal authority vested in
board; appointment and terms of members; vacancies;
removal of members.
The management and control of a municipal authority, its
property, operations, business and affairs shall be lodged in a
board of not fewer than twelve nor more than twenty-one persons who
shall be appointed by the governing body and be known as members of
the authority. One member of the authority shall also be a member
of the governing body appointed to represent it on the board.
Other members shall be appointed by the governing body and shall
include representatives of business, industry and labor. The
members of the authority first appointed shall serve respectively
for terms of one year, two years and three years, divided equally
or as nearly equal as possible between these terms. Thereafter,
members shall be appointed for terms of three years each. A member
may be reappointed for such additional term or terms as the
appointing agency may deem proper. If a member resigns, is removed
or for any other reason his membership terminates during his term
of office, a successor shall be appointed by the appointing agency
to fill out the remainder of his term. Members in office at the
expiration of their respective terms shall continue to serve until
their successors have been appointed and have qualified. The
appointing agency may at any time remove its appointed member of
the authority by an order duly entered of record or by other action
appropriate for such appointing agency and may appoint a successor member for any member so removed.
In addition to the appointing agencies hereinbefore named,
such other persons, firms, unincorporated associations, and
corporations, who reside, maintain offices, or have economic
interests, as the case may be, in the municipality, are eligible to
participate in and request the governing body to appoint members to
the development authority as the said authority by its bylaws
provides.