(A) The members of the city Industrial Development Board shall be appointed by the Mayor who shall choose five members, and who shall choose successors. These appointments shall be approved by the City Council.
(B) Members of the Board shall serve for a term of four years each, and until their successors are appointed and qualified, provided, however, that initial appointments shall be made so that two members are appointed for two years, two members for three years and one member for four years. Upon expiration of these staggered terms, successors shall be appointed for a term of four years.
(C) A member may be replaced by the Board upon a showing to the Board of misconduct as a Board member or upon conviction of a felony. Board members shall not hold any official office with the appointing Authority.
(Ord. 2003-011, passed 9-25-03)