(A) Within 30 days after the appointment of the Board of Downtown Development Authority, the Authority shall call a meeting. The meeting shall open with a call for an election of Board officers which shall consist of the following officers.
(1) Chairman.
(2) Vice Chairman.
(3) Treasurer.
(4) Secretary.
(B) The Board shall prepare by-laws to govern the procedure of meetings and powers of its officers which shall be submitted to the City Council for approval prior to their adoption by the Board.
(Ord. 252, passed 11-13-90)