The development authority shall have a board of directors consisting of five (5) members. The board shall consist of the mayor or the mayor's designee and such other members as appointed by the mayor, subject to confirmation by a majority of the urban county council members. The board shall elect one (1) of its members to act as chairman of the board. The appointed members of the board shall serve a term of four (4) years from the date of appointment, provided that the terms of those originally appointed shall be staggered in the manner required by Section 7.02 of the Urban County Charter. Vacancies shall be filled for the unexpired term in the manner prescribed for in the original appointment. All members of the board shall have an interest in downtown redevelopment. Only current board members shall be permitted to serve as representatives of the development authority on any other board in which the development authority has a participatory role.
(Ord. No. 312-2001, § 1, 12-13-01; Ord. No. 153-2017 , § 2, 10-12-17)