The BID # 1 Board of Directors is hereby established. The Mayor shall appoint the members of the Board of Directors, subject to the approval of the City Council. There shall be 5 members of the BID #1 Board of Directors with at least 1 hotelier from the district. No person may serve on the BID Board of Directors until such time as their nomination has been approved by the Vermillion City Council at any of its regular meetings. The City Council and Vermillion Chamber of Commerce and Development Company Board will each appoint 1 person to serve as ex-officio, nonvoting members of the BID #1 Board. Each member of the BID #1 Board of Directors shall serve a term of office of 3 years. Nothing shall preclude a board member from serving consecutive terms. The terms shall be initially staggered with 1 member serving a 3 year term, 2 members serving 2 year terms, and 2 members serving a 1 year term, The City Council has adopted by-laws for the operation of BID #1 Board that may be amended from time to time.
(Ord. 1312, passed 4-7-2014)