SECTION V-1.0 POSITION CREATED.
   The position of Municipal Administrator is hereby created. He shall be the chief fiscal officer of the Municipality, and shall have the duties, powers, and responsibilities herein set forth, and shall be appointed by the Mayor, confirmed by Council, and be directly responsible to the Mayor. The first Municipal Administrator shall be appointed within one hundred and twenty (120) days after December 1, 1971.
   In the event the Mayor does not appoint a Municipal Administrator within one hundred and twenty (120) days, Council shall have the power to do so.