(A) Each member of the Housing Commission, except an ex officio member, may receive compensation either as a salary or as payment for meetings attended. The compensation of members of the Housing Commission shall be fixed by the City Council. The Housing Commission shall fix the compensation of the Secretary and Treasurer, but the City Council may fix or limit the salary.
(B) If the Housing Commission has agreed to accept a transfer or full transfer of ownership and operation of another city's public housing program pursuant to the United States Housing Act of 1937, the city may enter into an interlocal agreement pursuant to KRS 65.210 to 65.300 with the city that is divesting itself of the authority, agreeing to pay all or a portion of the compensation of the member representing that divesting city. (KRS 80.060)