The Board of Review shall be composed of three freeholders of the City who shall meet the eligibility requirements for elective officers contained in section 4.1 and who during their term of office shall not be city officers or employees or be nominees or candidates for elective city office. The filing by a member of the Board of Review of his/her nomination petition for an elective office or the filing of a consent thereto shall constitute a resignation from the Board of Review. On the first January meeting after the adoption of this charter, the Commission shall appoint the Board of Review. The term of each member of such Board shall be for three years, provided, however, that the first term of the first member appointed shall be for one year, the first term for the second member appointed shall be for two years, and the first term for the third member appointed shall be for three years, so that one member of such Board is appointed in each January thereafter.
The appointment of members of such Board shall be based upon their knowledge and experience in property valuation. The Council shall fix the compensation of the members of the Board of Review. The Board shall annually select its own chairperson for the ensuing year, and the Assessor shall be clerk of the Board and shall be entitled to be heard at its sessions, but shall have no right to vote.