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§ 31.53 GOVERNING BODY.
   The Authority shall be under the supervision and control of the Board consisting of the Village President and eight members.
(1984 Code, § 6-05-040) (Ord. 137, passed 5-8-1984; Ord. 257, passed 8-13-1996)
§ 31.54 PROPERTY OWNERSHIP.
   Not less than a majority of the members shall be persons having an interest in property located in the Downtown District, and not less than one of the members shall be a resident of the Downtown District if the Downtown District has 100 or more persons residing within it.
(1984 Code, § 6-05-050) (Ord. 137, passed 5-8-1984; Ord. 257, passed 8-13-1996)
§ 31.55 APPOINTMENT OF BOARD MEMBERS.
   The Village President shall appoint the Board members with the approval and consent of the Council.
(1984 Code, § 6-05-060) (Ord. 137, passed 5-8-1984)
§ 31.56 TERM.
   (A)   Of the member first appointed, an equal number of the members, as near as practical, shall be appointed for one year, two years, three years, and four years. A member shall hold office until the member’s successor is appointed.
   (B)   Thereafter, each member shall serve for a term of four years. An appointment to fill a vacancy shall be made by the Village President for the unexpired term only.
(1984 Code, § 6-05-070) (Ord. 137, passed 5-8-1984)
§ 31.57 COMPENSATION.
   All members of the Board shall serve without compensation, but shall be reimbursed for actual and necessary expenses.
(1984 Code, § 6-05-080) (Ord. 137, passed 5-8-1984)
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