There shall be a General Assessment Board to make all assessments
for benefits accruing from local improvements pursuant to the provisions
of Chapter 152 of the Pamphlet Laws of 1917, as amended and supplemented
(N.J.S.A. 40:56-21 et seq.).
The Board shall consist of three members, and each member shall
be a resident and freeholder of the Borough.
The members of the Board shall be appointed and their compensation
determined by resolution of the Council, and they shall hold office
until their successors are appointed.