Section 1.
Business
Improvement District No. 0001 Board of Trustees: The Business
Improvement District No. 0001 Board of Trustees is hereby created.
There shall be seven (7) Trustees.
Section 2.
Board
Appointments: The initial Board of Trustees for Business Improvement
District No. 0001 shall be as follows and their terms shall be as
shown. All terms begin January 1, 2006. After the initial term, all
subsequent Trustees shall be appointed to four (4) year terms, except
that a vacancy occurring during a term will be filled for the unexpired
term. The unexpired term shall be filled in the same manner as other
vacancies. The initial Board Chair shall be Brad Anderson, who shall
serve a one (1) year term. Subsequent Chair persons shall serve one (1)
year terms and shall be selected by the Board.
Section 3.
Powers
and Duties of Trustees. The appointed Trustees shall have the powers
and duties set out in Sections 7-12-1121 through 7-12-113 M.C.A. and any
other applicable laws, ordinances or regulations. The Board of
Trustees shall submit to the City Council for approval a work plan and
budget for the ensuing fiscal year no later than the last day of
February preceding the beginning of the fiscal year for which the work
plan and budget apply. The City Council may modify the work plan and
budget as it considers necessary and appropriate.