The powers of the Trust shall be exercised by a Board of Directors which shall be composed of eleven (11) members, to wit: the Secretary of Housing; the Secretary of Transportation and Public Works; the General Coordinator for the Socioeconomic Financing and Self Sufficiency of the Special Communities; two (2) public officials; one (1) mayor; one (1) community leader who resides in a special community and is not a part of the Advisory Committee for the Development of Special Communities; and four (4) private citizens, in representation of the public interest. The Governor shall appoint the Chairperson of the Board from among the members thereof. The two (2) public officials shall be appointed by the Governor for the term of tenure of the latter. The mayor and the community leader shall be designated by the Governor for a term of four (4) years, until their successors are appointed. The four (4) private citizens, who represent the public interest in the Board, shall be appointed by the Governor for staggered terms of three (3), four (4), five (5), and six (6), respectively, until their successors are appointed. These citizens may be removed from office by the Governor at any time. In the event any member should resign, his or her successor shall be designated for the remaining period of the original term of the outgoing director. The members of the Board of Directors shall receive no compensation whatsoever for their services as such; however, those who are not public officials shall be entitled to receive the basic per diem established for the members of the Legislature, pursuant to § 27a et seq. of Title 2.
History —Nov. 21, 2002, No. 271, § 4; Aug. 20, 2003, No. 190, § 1; May 17, 2004, No. 121, § 1.