There shall be an Airport Commission consisting of five resident voters of the city.
Commissioners shall be appointed by the Mayor, subject to Council approval, for staggered terms of six years.
Vacancies shall be filled by appointment by the Mayor, subject to Council approval, to fill out the unexpired term for which the appointment was made.
Members of the Commission shall serve without compensation.
Each Commissioner shall execute and furnish a bond in the amount of $1,000 which bond shall be filed with the Clerk. The cost of the bond shall be paid from the General Fund of the city.
The Commission shall elect from its own members a Chairperson and Secretary who shall serve for a term as the Commission shall determine.
The Commission shall have and exercise the following powers and duties:
- General. The Commission has all the powers in relation to airports granted to cities under state law except powers to sell the airport.
- Budget. The Commission shall annually certify the amount of tax to be levied for airport purposes, and upon the certification the Council may include all or a portion of the amount in its budget.
- Funds. All funds derived from taxation or otherwise for airport purposes shall be under the full and absolute control of the Commission for the purposes prescribed by law, and shall be deposited with the Clerk to the credit of the Airport Commission, and shall be disbursed only on the written orders of the Airport Commission, including the payment of all indebtedness arising from the acquisition and construction of airports and the maintenance, operation and extension thereof.
The Airport Commission shall immediately after the close of each municipal fiscal year, file with the Clerk a detailed and audited written report of all money received and disbursed by the Commission during the fiscal year, and shall publish a summary thereof in an official newspaper.