(A) Created.
(1) There is created a Public Transportation Corporation.
(2) It shall be a distinct municipal corporation to be known as the City Public Transportation Corporation.
(Prior Code, § 32.190)
(B) Jurisdictional boundaries. The jurisdictional boundaries of the City Public Transportation Corporation shall be coterminous with the boundaries of the city and as much of the suburban area as will be served by the Public Transportation Corporation.
(Prior Code, § 32.191)
(C) Board of Directors; composition; appointment of members. The Board of Directors of the City Public Transportation Corporation shall consist of six members, three of whom shall be appointed by the Mayor and three by the Common Council.
(Prior Code, § 32.192)
(D) Board of Directors; terms of office of members. One of the members appointed by the Mayor shall be appointed for a term of one year, one for a term of two years, and one for a term of three years. One of the members appointed by the Common Council shall be appointed for a term of two years, one for a term of three years, and one for a term of four years.
(Prior Code, § 32.193)
(E) Board of Directors; election of chairperson and secretary; meetings. The election of a Chairperson and Secretary of the Board of Directors and the meetings of the Board of Directors of the City Public Transportation Corporation shall be governed by state law.
(Prior Code, § 32.194)
(F) State law to govern operations generally. The manner of operation of the City Public Transportation Corporation, including as an example and not by way of exclusion, the introduction and adoption of ordinances, the appointment of a Controller for the City Public Transportation Corporation, the powers of the Board of Directors of the City Public Transportation Corporation, the acquisition of funds for the City Public Transportation Corporation, and the issuance of bonds for the City Public Transportation Corporation, shall be governed by state law.
(Prior Code, § 32.195)