(a) The powers of the Authority shall be exercised by the Board of Directors, as established under section 497 of this chapter. Four members of the Board shall constitute a quorum for the purpose of organizing and conducting the business of the Authority. No absence or vacancy on the Board shall prevent it, once there is a quorum, from exercising all its rights and performing all its duties.
(b) The Executive Director shall be authorized to attend all meetings of the Board but shall not be entitled to vote. The Executive Director shall be removable by the Board but only for cause and after notice and an opportunity to be heard.
(c) The Board shall appoint, in addition to the Executive Director, a Secretary and Treasurer of the Authority. The bylaws of the Authority may provide for the delegation to its Executive Director or its other officers, agents or employees of the powers and duties of the Authority as the Board may deem proper.
(d) The Executive Director shall administer the affairs of the Authority including matters related to the day-to-day operations, contracting, procurement, administration and personnel including the hiring of such officers, agents, or employees, permanent or temporary, and by contract such operating personnel, consulting engineers, superintendents, managers, fiscal, legal and other technical experts, and others, as may be deemed necessary, and shall determine their qualifications, duties, tenure and compensation. The Executive Director shall be appointed by the Board exclusively upon the basis of merit as determined by technical training, skill, experience and other qualifications best suited to carrying out the purposes of the Authority.