§ 514. Village of Lake Placid housing authority. A municipal housing
authority, to be known as the Lake Placid housing authority is hereby
created and established for the village of Lake Placid in the county of
Essex for the accomplishment of any or all of the purposes specified in
article eighteen of the constitution of the state of New York. It shall
constitute a body corporate and politic, be perpetual in duration and
consist of five members. It shall have the powers and duties now or
hereafter conferred by this chapter upon municipal housing authorities.
It shall be organized in the manner prescribed by and subject to the
provisions of this chapter, and the authority, its members, officers and
employees and its operations and activities shall in all respects be
governed by the provisions of this chapter.