A redevelopment authority, designated as the “Town Redevelopment Authority” (the “Authority”), is hereby created and established for the purposes and with all rights, powers, privileges and immunities now or hereafter granted to it by law, as a separate body corporate and politic and as an instrumentality of the town. The three members of the Board of Directors of the Authority shall be appointed in accordance with the provisions of I.C. 36-7-14.5.
(Ord. 2013-08, passed 11-13-2013)