If a vacancy occurs in the office of the Mayor and there remains an unexpired portion of the term of at least 28 months and the vacancy occurs at least 130 days before the general municipal election next scheduled under the general election law, the vacancy shall be filled at the general municipal election. The Village Board shall elect one of its members as “Acting Mayor” who shall perform the duties and possess all the rights and powers of the Mayor until a successor to fill the vacancy has been elected and has qualified.
(Ill. Rev. Stat., Ch. 24, § 3-4-6) (Prior Code, § 1.2.36)