There shall be a Personnel Appeals Board consisting of three (3) members who shall be selected by the Council for overlapping terms of three (3) years, except that the members first selected shall be appointed for such terms that the term of one member shall expire annually thereafter. Each member of the Board shall be a qualified elector of the Municipality, known to be in sympathy with the merit principle as applied to the civil service, shall neither hold nor be a candidate for any public office or employment and shall not be a member of any local, state or national committee of a political party or an officer in any partisan political club or organization. Its members shall serve without compensation.