Section 1.03 WARDS.
   A.   The city is divided into three separately numbered wards. Review of the ward boundaries must be made by the council, and the wards reapportioned by ordinance, no later than two years after the year in which a federal census is taken so that the populations of the wards are as equal as practicable. A ward must be composed of compact and contiguous territory. A change in ward boundaries does not disqualify a ward council member from serving the remainder of a term. If the council does not reapportion the wards within the period prescribed, the mayor and council members may not be paid salary or other benefits until the wards of the city are reapportioned. The wards of the city are those described by ordinance on the effective date of this Charter.
   B.   All officers of the city whose appointment is required by the provisions of this Charter may serve out the term for which they are appointed or elected despite the change in ward boundaries above set forth.