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Upon the initial appointment of the board, the board shall elect a chairperson and vice chairperson to preside at its meetings and a secretary who shall have charge of all records of such board and shall keep accurate and complete minutes of all meetings thereof, and thereafter such officers shall be elected at the first meeting in January of each year. The secretary need not be a member of the board. Five members of the board shall constitute a quorum for the transaction of business, and a majority of the board shall be required to approve any action. Regular meetings of the board shall be held at least once each month on such date as shall be fixed by the board at their regular place of meeting. Special meetings may be held as often as the board deems necessary. The board shall have power to make bylaws for the conduct of its business. [Ord. 8683 § 3, 1978].