A municipal urban renewal agency to be known as the Mount Vernon urban renewal agency is hereby established for the accomplishment of any or 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, and consist of five members, consisting of the mayor, president of the common council, comptroller, corporation counsel of the city of Mount Vernon, New York and one other person who shall be appointed by and serve at the pleasure of the mayor. It shall have all 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 the manner prescribed by and be subject to the provisions of article fifteen-A of this chapter, and the agency, its members, officers, and employees, and its operations and activities, shall in all respects be governed by the provisions of such article.
N.Y. Gen. Mun. Law § 598