KRS 151.652: Board of directors.

(1) The authority shall be governed by a board of directors. The board shall make

policy, which shall be implemented.

(2) The membership of the board shall be as follows:

(a) A member of the county legislative body of Sumner County, Tennessee, and

Simpson County, Kentucky, chosen by their respective legislative bodies;

(b) The mayors of the cities of Portland, Tennessee, and Franklin, Kentucky;

(c) A member of the city legislative bodies from the cities of Portland, Tennessee,

and Franklin, Kentucky, chosen by the respective legislative bodies;

(d) A member of an industrial foundation board or equivalent, if one (1) exists,

from Portland, Tennessee, and Franklin, Kentucky, as appointed by the

respective boards; and

(e) A commissioner or designee chosen by the bo ard of commissioners of the

Simpson County water district.

(3) (a) Each local governmental entity which is authorized to designate one (1) of its

members for membership on the board shall designate the member by an

appropriate resolution or ordinance.

(b) Each participating governmental entity shall adopt an appropriate resolution or

ordinance which shall state the intention of the local entity to participate in the

authority; the resolution or ordinance shall also include a recitation of the

participating entity's statutory authority for participation.

(c) The authority shall not convene or conduct business until the requirements of

this subsection have been met.

(4) Any elected official's or his designated alternate's position on the board shall run

concurrent with the official's elected term.

(5) Any nonelected official shall have a term of four (4) years.

(6) If a vacancy occurs on the board, the position shall be filled in the same manner as

set forth in the original appointment. A vacancy shall occur when any board

member no longer meets the requirements for appointment to the board.

(7) The board shall meet annually at a time and place designated by the board. The

time, place, and date of this meeting shall be publi shed in newspapers of general

circulation in Sumner and Simpson Counties at least seven (7) days prior to the

meeting.

(8) The board at their annual meeting shall adopt or amend bylaws, if any, adopt an

annual budget, elect officers, and adopt any policies and work programs necessary

for the operation of the authority and fulfillment of the purposes of the authority.

(9) Fifty percent (50%) of the membership of the board shall constitute a quorum for

the conduct of the business of the authority.

(10) The act of fifty percent (50%) plus one (1) of all those voting shall be the act of the

board for the execution of business.

(11) The board at its annual meeting shall elect as authority officers a chairman, vice

chairman, and a secretary -treasurer who shall ser ve terms of one (1) year. The

chairman shall alternate between members from Tennessee and Kentucky. When a

member from one (1) of the states sits as chairman, no more than one (1) other

member from the state can sit as vice chairman or secretary-treasurer.