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• 4 4. The five initial members who must be residents of Batesville shall serve for terms of one(1),two(2),three(3), four(4)and five(5)years and may succeed themselves and the two initial members who must be residents of Independence County shall serve for two(2)and three(3)three year terms and may succeed themselves. 5. The Batesville Mayor may apportion the terms to initial members who must reside in Batesville at appointment,if he does not,one of the first official actions of the board will be to apportion the initial terms,either by agreement of the board, or by drawing lots. 6. The Independence County Judge may apportion the terms of the two initial members who must reside in Independence County at appointment,if he does not,one of the fust official actions of the board will be to apportion the initial terms,either by agreement of the board or by drawing lots. (b).1. Successor members,those members having been appointed and confirmed,and whose term has expired may and shall succeed themselves for teems up to five years. Members shall serve ad infinitum unless removed by the process,resign, expire,or by vote of the board it is determined that he/she can no longer fulfill the duties and responsibilities of a board member. (b).2. New members,those replacing initial or replacement members,shall be appointed and confirmed by the Batesville Mayor and the Batesville City Council and by the Independence County Judge and Independence County Quorum Court depending upon which position is vacant. Appointments may be made for terms up to five years. Section 3. Purpose of the Board The purpose of the board is to bring benefit to the citizens of this city and others by utilizing the special provisions accorded a public facilities board to own,acquire,construct,reconstruct,extend,equip,improve,operate,maintain,sell,lease,and contract concerning"recreational and tourist facilities",including any combination of such facilities,or any interest in such facilities including,without limitation,leasehold interests in and mortgages on such facilities according to the provisions of Arkansas Code(14-137-106) (W Section 4. Responsibilities of the Board (a). This public facilities board shall meet upon the call of its chairperson,or a majority of its members and at such times as may be specified in its bylaws for regular meetings (b). In the event of a vacancy in the membership of the board,however caused,a majority of the board shall elect a successor member to serve for up to one year by which time the same procedure for appointing and confirming initial members must be implemented. Section 5. Responsibilities of the Board Members (a). Each member shall qualify by taking and filing with the clerk of the municipality or county creating the board his oath of office in which he shall swear to support the Constitution of the United States and the Constitution of the State of Arkansas and to discharge faithfully his duties in the manner provided by law. (b). The members of each public facilities board shall meet and organize by electing one(1)of their number as chairman,one(1)as vice chairman,one(1)as secretary,and one as treasurer,and such officers shall be elected annually thereafter in like mamter,The duties of secretary and treasurer may be perforated by the same member. (c). Each member shall serve until a successor is elected and qualified. (d). The members of the board shall serve without compensation,but may recover funds for reasonable and necessary expenses incurred in the performance of their duties on submission and approval of a voucher of reimbursement by the board treasurer.