The Town, pursuant to the provisions of § 7-203 of the General
Statutes, hereby establishes a Parking Authority, with such powers as are
granted by the General Statutes of the state, in addition to but not in derogation
of any powers existing under the provisions of the Charter or any special
act.
The Parking Authority shall consist of five members, appointed by the
General Manager, not more than three of whom shall be of the same political
party. The first appointed shall serve staggered terms and, thereafter, a
member shall be appointed annually to serve for five years, except that any
vacancy shall be filled for the unexpired portion of the term.
The Parking Authority shall select from among its members a Chairman,
and may employ necessary personnel however. The members shall serve without
compensation, but may be reimbursed for necessary expenses.
No action of the Parking Authority shall be valid unless it is authorized
by a vote of the majority of its members.
The Parking Authority shall maintain proper accounting and financial
records and shall make an annual report to the General Manager.