SECTION 4.03 QUALIFICATIONS.
   The Mayor shall have been a continuous resident of the municipality, for at least ninety days immediately prior to election and shall continue to be a resident of the municipality throughout the term of office.
   Except as provided by or under this Charter, the Mayor shall not hold any other compensated office or position of employment with the municipality, nor shall the Mayor hold any other compensated elected office, including School Board; provided that the Mayor shall not be prohibited from holding an elected or appointed political party position. The Mayor shall forfeit the office of Mayor in the event of unexcused absences for four (4) consecutive regular meetings of Council, except where Council has excused the absence. Should the Mayor cease to possess or violate any of the qualifications herein enumerated, he or she may be removed from office, but failure to maintain said qualifications shall not render void or ineffective any actions of the municipality in which the Mayor participated.