A Board of Commissioners consisting of five members shall be appointed by the Mayor, subject to Council approval, for overlapping two-year terms. Commissioners shall be eligible for reappointment for two additional terms. Members of the Commission shall serve without compensation, but shall be entitled to the necessary expenses, including travel expenses, incurred in the discharge of his or her duties. The powers of the Municipal Housing Agency shall be exercised by the Board of Commissioners.
(Iowa Code § 403A.5) (1999 Code, § 33.02)