§ 2-132. Membership.

(a)

Number and composition of Board. The Finance Advisory Board shall consist of seven (7) members. Board members shall serve without compensation.

(b)

Appointment and terms of members.

1.

The City Commission shall appoint seven (7) resident members. Initially the Commission shall appoint two (2) members to each serve a one-year term, two (2) members to each serve a two-year term and three (3) members to each serve a three-year term. Following the initial appointment of members to the Board, the City Commission shall annually appoint persons to fill the positions of members whose terms have expired. Members of the Board so appointed shall serve three-year terms.

2.

Members of the Board serve at the pleasure of the City Commission and may be removed from the Board for any reason.

3.

If any member of the Board shall fail to be present at three (3) consecutive regularly scheduled meetings or at twenty (20) percent of the regularly scheduled meetings of the Board held within any 12-month period, the city clerk shall declare the member's office vacant, and the City Commission shall promptly fill such vacancy.

4.

If the position of a member becomes vacant for any reason, the City Commission shall appoint another person to serve the unexpired term of the vacated position.

(c)

Qualification of members. Whenever possible, the City Commission shall appoint members to the Board who have demonstrated expertise, training, education or experience in finance, accounting, business or related fields and are broadly representative of the social, racial, religious, linguistic, cultural and economic groups comprising the population of the City.

(Ord. No. 2010-03, §§ 1, 2, 2-16-10)