SECTION 5.01  TERM OF OFFICE.
   The Mayor shall be elected at the regular Municipal election in the year 1983, and every fourth (4th) year thereafter, for a four (4) year term to commence the first day of January next after such election.
   In the event that no candidate for Mayor receives at least (40%) of the total votes cast for Mayor at the regular Municipal election, a run-off election shall be held on the first Tuesday in December next following the Municipal election, commencing in the year 1983, between the two (2) Mayoral candidates receiving the greatest number of votes in the Municipal election. The candidate receiving a majority of the votes cast in said run-off election shall be elected Mayor.
(Amended 11-7-00)