(A) There is hereby created the Huntertown Utility Service Board (hereinafter the “Board”), with all the powers and duties conferred by IC 8-1.5-3-4.
(B) The Board shall be composed of three members, whose initial terms shall begin January 1, 2013, for terms of one, two, and three years. Any members of the Board may be removed or impeached from office as provided by Indiana law.
(C) At the first meeting each January, the Board members, after taking their oath of office, shall select one of their members to serve as chairman of the Board for the ensuing year.
(D) USB Board members shall each receive annual compensation for their service in 2015, and thereafter, in the amount of $3,600 payable in 12 equal monthly payments of $300 for each month in which they serve as a USB member.
(1) The USB Board member compensation shall be paid from the funds of the Huntertown Utilities.
(2) The Clerk-Treasurer is directed to pay the USB members monthly.
(Ord. 12-013, passed 12-20-12; Am. Ord. 14-013, passed 12-22-14)