(A) The Commissioners of the Authority shall serve four year terms
(B) The terms of Commissioners shall end on December 31.
(C) The terms of Commissioners shall expire as follows:
(1) Two terms shall expire in the even-numbered year in which the President of the United States is elected.
(2) One term shall expire in the odd-numbered year after the year in which the President of the United States is elected.
(3) Two terms shall expire in the even-numbered year in which the Governor of Minnesota is elected.
(4) Two terms shall expire in the odd-numbered year after the year in which the Governor of Minnesota is elected.