§ 14-48-120 - Meetings of board of directors.
               	 		
14-48-120.    Meetings of board of directors.
    (a)    (1)  A majority of the elected membership of the board of directors shall constitute a quorum for the transaction of business.
      (2)  Except  where otherwise provided by law, an affirmative vote of four (4) or  more members shall represent the action of the board, and a like vote  shall be required to suspend the rules.
(b)  The  board shall meet twice during each calendar month, and, until otherwise  provided by ordinance, the meetings shall be held on the first and  third Monday evenings of each calendar month, unless that day is a legal  holiday, in which case the meeting shall be held on the following  evening.
(c)    (1)  Special meetings may be called by a majority of the membership of the board.
      (2)  The board may, by ordinance, establish the procedure for calling and giving notice of special meetings.
(d)  All regular and special meetings of the board shall be open to the public.
(e)    (1)  Every  motion, resolution, and ordinance adopted by the board, if approved by  the mayor, shall be signed by the mayor and attested by the city clerk.
      (2)  Any  ordinance, resolution, or motion for which the mayor has the power of  veto, and which is enacted or adopted over the veto of the mayor as  authorized in this section, shall be signed by the assistant mayor and  attested by the city clerk.
(f)  All  laws in effect on February 2, 1967, regarding the proceedings of the  city council of a city operating under the mayor-aldermen form of  government and not inconsistent with the provisions of this chapter,  including those laws prescribing the procedure for the adoption,  enactment, and publication of ordinances and resolutions, shall govern  the proceedings of the board provided for in this section.
(g)    (1)    (A)  All  ordinances, resolutions, and motions adopted by the board at a regular  or special meeting shall be delivered to the mayor within forty-eight  (48) hours after the adoption thereof.
            (B)  The  mayor shall have a period of three (3) days from the date of the  receipt of any ordinance, resolution, or motion adopted by the board to  approve or veto it. If he shall fail to approve or veto it within that  period, it shall become law without his signature.
      (2)    (A)  Any  ordinance, resolution, or motion enacted or adopted by the board which  is vetoed by the mayor may be enacted over the veto of the mayor by an  affirmative vote of five (5) or more members of the board.
            (B)  When  any ordinance, resolution, or motion of the board is vetoed by the  mayor, it shall automatically be on the agenda for consideration of the  board at the next regular meeting of the board and may be considered at a  special meeting called in the manner authorized herein.
(h)    (1)  Each  member of the board shall receive compensation for each regular meeting  of the board which he attends but shall receive no compensation for  attending a special meeting of the board.
      (2)  The  compensation for each meeting shall be set by the board, but shall not  exceed one-twenty-fourth of twenty percent (1/24 of 20%) of the  compensation permitted municipal officers per annum by the Constitution  of this state.
(i)  The board may  hold agenda meetings at such times, under such circumstances, and on  such conditions as the board may prescribe for the purpose of informing  themselves of the business and affairs of the city. However, no official  action of the board shall be taken at such meetings.
(j)  The board shall adopt rules of order to govern the deliberations and meetings of the board.
(k)  Any  director who fails to attend five (5) consecutive regular meetings of  the board, or who fails to attend fifty percent (50%) of the regular  meetings of the board held during a calendar year while he is a  qualified member of the board, shall be deemed to have resigned. A  vacancy shall then exist in that position to be filled as provided in     14-48-115.