Discussion and possible action on any and all matters regarding the terms of all Trust Board Members. (Kay Marion Macuil, City Attorney)

Under Section 3.04 of the Declaration of Trust, Trustees are allowed to serve two consecutive terms and no more.  All Trustees have served since their first action on March 14, 2012, coming up on seven (7) years.  The Board of Trustees is not in violation, because if a legislative body does not take action, then the there is tacit approval for the current Trustees to continue to a second term.

Also Under Section 3.04, initial terms are staggered and the second and subsequent terms are for five (5)  years.
One (1) Trustee to serve  one (1) year,  plus five (5) years equals six (6) years - expired March of 2018:
Two (2) Trustees to serve two (2) years, plus (5) years equals seven (7) years - expires March of 2019:
Two (2) Trustees to serve three (3) years, plus (5) years equals eight (8) years - expires March of 2020.

This item is for the Trustees to vote on
which two (2) Trustees have the terms ending in next month (this March 2019) and
which two (2) Trustees have the terms ending next year (March 2020).