Pursuant to the provisions of Chapter 192 of
the Laws of 1960 (N.J.S.A. 40:68A-29 et seq.), known as the "Municipal
Port Authorities Law" of the State of New Jersey, there is hereby
created a public body corporate and politic under the name and style
of the "Township of Pennsauken Municipal Port Authority."
The Township of Pennsauken Municipal Port Authority
hereby created is a municipal port authority as contemplated and provided
for by said Municipal Port Authorities Law, and shall have and exercise
the powers and perform all of the duties provided for by said Municipal
Port Authorities Law and any other statutes heretofore or hereafter
enacted and applicable thereto.
The Township of Pennsauken Municipal Port Authority
shall consist of five members to be known as "Commissioners," and
said Commissioners shall be appointed by resolution of the Township
Committee of the Township of Pennsauken in accordance with the provisions
of said Municipal Port Authorities Law.