A municipal community development agency, to be known as the Glen Cove community development agency, is hereby established for the accomplishment of any and all of the purposes specified in articles fifteen and fifteen-A of this chapter, and in accordance with article eighteen of the constitution of the state of New York. It shall constitute a body corporate and politic, be perpetual in duration. It shall consist of the mayor, who shall be the chairman, and six other members to be appointed by the mayor (no more than two of whom may be members of the common council of the city of Glen Cove excluding the mayor) subject to the approval of the common council of the city of Glen Cove. It shall have the powers and duties now or hereafter conferred by article fifteen-A of this chapter upon municipal urban renewal agencies. It shall be organized in a manner prescribed by and subject to the provisions of article fifteen-A of this chapter and the agency, its members, officers and employees and its operation and activities shall in all respects be governed by the provisions of such article.
N.Y. Gen. Mun. Law § 580-A