The terms shall be four (4) years and shall commence on February 1 and end on January 31. A vacancy shall exist upon the death, resignation or termination of residence within the designated area from which the member was appointed. Vacancies shall be filled for the unexpired term by the appointing authority. Each member shall serve until the appointment and qualification of a successor. Of the initial members two determined by lot shall serve a term of two (2) years. The terms of service shall be computed from February 1, 1992. (§ 1, Ord. 1148, eff. October 15, 1992)