§ 584. Port Jervis community development agency. A municipal urban renewal agency, to be known as the Port Jervis community development agency, is hereby established for the accomplishment of any or all of the purposes specified in articles fifteen and fifteen-A of this chapter and in accordance with article eighteen of the constitution of the state of New York. It shall constitute a body corporate and politic, be perpetual in duration and consist of not less than three and not more than seven members. Three of the members, who shall be residents of Port Jervis, shall be appointed by the mayor to serve for one, two and three year terms, respectively. Of the remaining members, two shall be selected from the majority of the city council to serve at its pleasure, and two shall be selected from the minority of the city council to serve at its pleasure. The agency shall have the powers and duties now or hereafter conferred by article fifteen-A of this chapter upon municipal renewal agencies. It shall be organized in the manner prescribed by and be subject to the provisions of article fifteen-A of this chapter and the agency, its members, officers and employees and its operations and activities shall in all respects be governed by the provisions of such article.