(a) The trustees shall have the same powers to lay out, alter, and discontinue streets and highways in the Village as are vested by law in the selectboard of towns, and all proceedings in respect to laying out, altering, or discontinuing streets and highways in the Village shall be had in the same manner as is prescribed by law in respect to these matters in towns.

(b) The trustees shall have power to enact, amend, alter, or repeal bylaws, ordinances, and regulations, not repugnant to the Constitution and laws of this State and of the United States, or to the charter of this Village, and to enforce the same by fine, penalty, forfeiture, or any other proper remedy, and shall have the other powers as are stated in this chapter.

(c) The trustees shall assess all taxes required by law or by vote of the Village, and shall direct the expenditure of all moneys belonging to the Village, and shall draw orders for all moneys disbursed by them, and generally shall perform all duties enjoined upon them by the Village. (Added 1943, No. 183, § 8.)