§ 2-486. Appointment; qualifications.

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Five directors of the housing finance corporation shall be appointed by the majority vote of the city council. All directors shall be residents of the city at all times during office. Each director shall hold office for the term for which he is appointed and qualified. Any vacancy occurring shall be filled in the manner specified in this division.

(Code 1967, § 2-70; Ord. No. 2718, § 1, 8-23-79)

                    
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