When the Committee is first appointed, one (1) of its members shall be appointed for a term of one (1) year, two (2) members for a term of two (2) years, and two (2) members for a term of three (3) years, and thereafter all regular terms shall be four (4) years. No member of the Committee shall serve more than two (2) consecutive terms but may, however, be reappointed after a lapse of one (1) year.