* § 1020-c. Green Island power authority. 1. There is hereby created\nand established a public corporation, to be known as the "Green Island\npower authority". The authority shall be a body corporate and politic\nconstituting a public benefit corporation, the objects of which in the\njudgment of the legislature cannot be attained under general laws.\n 2. The authority shall have the power to acquire such real estate and\nother property as may be necessary for its corporate purposes, to sue\nand be sued, to incur debts, liabilities and obligations, to issue bonds\nand other evidences of indebtedness, to have a seal, and to exercise all\npowers authorized by this title and reasonably necessary for\naccomplishing its purposes, or properly incidental thereto, subject to\nthe provisions herein contained and to the constitution and laws of the\nUnited States and of the state.\n 3. The authority and its existence shall continue for a period of\ntwelve years and thereafter until all its liabilities have been met and\nits bonds have been paid in full or such liabilities and bonds have\notherwise been discharged and thereupon all rights and properties of the\nauthority then remaining shall pass to and be vested in the village.\n 4. The authority shall consist of five members, to be residents of the\nvillage and be appointed by the board of trustees on designation of the\nmayor. The term of office of a member shall be five years, but in the\nfirst instance such members shall be appointed to hold office, one for\none year, one for two years, one for three years, one for four years and\none for five years, the term of each to be fixed by the resolution\nmaking the appointment. Upon resignation of a member, or a vacancy\noccurring in any other manner, it shall be filled by appointment for the\nunexpired term. In other respects, all vacancies shall be filled in the\nmanner corresponding to the original appointment.\n 5. The members of the authority may appoint an executive committee of\nnot less than three members and may delegate full powers to such\ncommittee. They may appoint such other committees of not less than three\nmembers each with such powers as they may provide. They may elect one of\nthe members as a chairman and may elect or appoint other officers and\ndetermine their powers. They may by a vote of a majority of members\nadopt by-laws and provide for their annual and regular meetings and for\nthe calling of special meetings. The treasurer of the village shall be\nex-officio treasurer of the authority and his compensation as such\ntreasurer shall be fixed by the members. Each member before entering\nupon the duties of his office shall take the constitutional oath of\noffice, which shall be filed in the office of the secretary of state.\nThree members shall constitute a quorum for the transaction of business\nand the concurrence of three members at a meeting shall be necessary to\nthe validity of any resolution, order or determination. Any member may\nbe removed by the board of trustees for inefficiency, neglect of duty or\nmisconduct in office, after a hearing upon charges and an opportunity to\nbe heard in person or by counsel upon not less than ten days' notice.\nThe members shall receive such salary as shall be determined by the\nboard of trustees. They shall receive no reimbursement for the ordinary\nexpenses of attending meetings, but may by resolution of the members be\nallowed their expenses of a special or extraordinary nature. A member\nmay receive additional compensation to be fixed by the members, if\nappointed an officer of the authority.\n 6. No public officer or employee shall be ineligible for appointment\nas a member or officer of the authority and any public officer or\nemployee may accept such appointment and serve as a member or officer\nwithout forfeiture of any other public office or position of public\nemployment by reason thereof. Any one or more members or officers of the\nauthority may be an officer
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