Each year, at a time prescribed for the beginning of the term of a new member, or as soon thereafter as practicable, the authority shall elect a chairperson and a secretary-treasurer from among its members. It shall be the duty of the chairperson to preside over all meetings of the authority, and it shall be the duty of the secretary-treasurer to keep a record of the meetings and to perform such additional duties as may be prescribed by the authority. The authority shall be subject to the open meeting laws of the state, and all meetings, deliberations and voting of the authority shall be open to the public. The authority shall adopt rules, regulations and bylaws for conducting its affairs. Four (4) members shall constitute a quorum for the transaction of business at any meeting. The authority shall hold a minimum of six (6) bimonthly meetings and shall meet at all such other times as it may determine, or on call of the chairperson of the authority. (2001 Code § 93.04)