There is hereby created a planning commission of the city. The commission shall be composed of five (5) appointive members, all of whom shall be residents of the city, nominated by the mayor and appointed by the city council and the mayor and city manager, who shall be ex officio members of the commission. Each appointed member shall hold office for a term of two (2) years. The appointed members of the commission shall be nominated and appointed solely with reference to their fitness and without reference to party affiliation, and shall serve without compensation. Members may be removed by the mayor with approval of the city council only for the good of the service. Vacancies occurring otherwise than through the expiration of term shall be filled only for the unexpired term. Ex officio members shall receive no compensation for their work on the planning commission. The planning commission shall have such powers and duties and organization as provided by ordinance and law. (2000 Code § 12-101)