The compensation of each of the members of the Board created by this chapter shall be $5,000 per year, and shall be paid as follows. The first quarter of each member’s salary shall be paid on March 30; the second quarter on June 30; the third quarter on September 30; and the remaining quarter on December 30 of each year. Each quarterly payment shall be pro-rated as follows: electric 31%; water 31%; wastewater 31%; and telecom 7%.
(Prior Code, § 25-16) (Ord. 15-04, passed 2-23-2015)