(A) Bond. The President shall, before he or she enters upon the duties of his or her office, execute a bond in the sum of $3,000 to be provided by the Village.
(B) Term. The President shall hold his or her office for 4 years and until his or her successor is elected and has qualified.
(Prior Code, § 2-21)
Statutory reference:
Bond, see ILCS Ch. 65, Act 5, § 3.1-10-30; §§ 4-4 et seq.
Chief executive officer, see ILCS Ch. 65, Act 5, § 3.1-15-10
Member of Board, veto power, see ILCS Ch. 65, Act 5, § 3-12-5
President generally, see ILCS Ch. 65, Act 5, §§ 3.1-15-10; 3.1-25-15; 3.1-35-5 through 3.1-35-35
Presiding officer, see ILCS Ch. 65, Act 5, § 3-12-2
Resignation, vacancy, term, see ILCS Ch. 65, Act 5, Art. 3.1, Div. 10 and 15;§ 3.1-15-10