Pursuant to the provisions of N.J.S.A. 40:11A-1
et seq., known as the "Parking Authority Law" of the state, a body
corporate and politic to be known as the "Parking Authority of the
Borough of Metuchen, New Jersey" is hereby created and established
and vested with all of the powers and duties prescribed by such law.
The Parking Authority created and established by §
32-1 shall consist of five persons as Commissioners of the Parking Authority, appointed by the governing body of the borough. The Commissioners who are first appointed shall be designated to serve for terms of one, two, three, four and five years, respectively, from the date of the appointment, but thereafter Commissioners shall be appointed as aforesaid for a term of five years, except that all vacancies shall be filled for the unexpired term.