The Town of Chapel Hill may, by ordinance, create a transit authority (hereinafter
sometimes referred to as the "authority"). The official name of the authority shall
be "Chapel Hill Transit Authority." It shall be a body corporate and politic. It shall
consist of five (5), seven (7), or nine (9) members as determined by the council of
the Town of Chapel Hill.
Members of the authority shall reside within the territorial jurisdiction of the authority
as hereinafter set out. They shall be appointed by the mayor and council of the Town
of Chapel Hill.
Members of the authority shall reside within the territorial jurisdiction of the authority
as hereinafter set out. They shall be appointed by the mayor and council of the Town
of Chapel Hill. All appointments shall be for a term of three (3) years, except that
as to those members first appointed as nearly as possible, one-third shall be appointed
for a one-year term, one-third shall be appointed for a two-year term, and one-third
shall be appointed for a three-year term. The date from which regular three-year terms
shall run shall be established by ordinance. Appointments to fill vacancies occurring
during the regular terms shall be made by the mayor and council. The appointments
of all members shall run until their successors are appointed and qualified.
The members of the authority shall elect a chairman and vice-chairman from the membership
of the authority. They shall also elect a secretary who may, or may not, be a member
of the authority.
A majority of the members shall constitute a quorum for the transaction of business
and an affirmative vote of the majority of the members present at a meeting of the
authority shall be required to constitute action of the authority. Members of the
authority shall receive such compensation, if any, as may be fixed by the council
of the Town of Chapel Hill.