(A) The Department shall be controlled by a Board of Directors consisting of three Directors.
(B) The terms of the Directors shall be staggered so that one of the Directors first appointed shall serve and initial term of one year; one of the Directors shall serve an initial term of two years: and one of the Directors shall serve an initial term of three years. Thereafter all Directors shall serve a term of three years. All directors shall be appointed by the President of the Town Council.
(C) The President of the Town Council may remove a Director at any time when in the judgement of the President of the Town Council it is in the best interest of the Department.
(D) The Board shall have exclusive jurisdiction over the collection and disposal of storm water within the district.
(E) The Board shall have all the powers provided under I.C. 8-1.5-5-6, which include, but are not limited to the following:
(1) Hold hearing following public notice;
(2) Make findings and determinations;
(3) Install, maintain, and operate a storm water collection and disposal system;
(4) Make all necessary or desirable improvements of the grounds and premises under its control; and
(5) Issue and sell bonds of the district in the name of the Town for the acquisition, construction, alteration, addition, or extension of the storm water collection and disposal system of forth refunding of any bonds issued by the Board.
(Ord. 2018-2, passed 3-12-2018)