There is hereby created and established a Financial Review Board, which shall consist of five members appointed for terms of five years each. Each member, during their term, shall be a resident of the City or work within the City. Two of the members of the Board shall be appointed by the Republican members of Council; two of the members of the Board shall be appointed by the Democratic members of Council; and the fifth member shall be appointed by the other four members of the Board. In the event there are no Republicans on Council, then the City Chairman of the Republican Party shall make the Republican appointments. In the event there are no Democrats on Council, then the City Chairman of the Democratic Party shall make the Democratic appointments.
(Ord. 77-72. Passed 5-26-77; Ord. 2011-19. Passed 2-22-11.)