GOVERNING BODY; TERMS

(a) The district is governed by a board of nine directors composed of: (1) six directors appointed by the governing body of the city under Subsections (b) and (c); (2) one assistant city manager of the city, appointed by the city manager; (3) the chief financial officer of the city; and (4) the economic director of the city. (b) Before the term of each director expires as provided by Subsection (d), the owner or owners of a majority of the appraised value of the real property in the district, or the majority of the record owners of real property in the district subject to taxation, may submit a petition to the governing body of the city requesting that the governing body appoint as successor directors the persons named in the petition. If the persons named in the petition meet the qualifications prescribed by Sections 3884.052 and 3884.053, the governing body may appoint those persons as successor directors. (c) If a petition is not submitted under Subsection (b), the governing body of the city shall appoint as successor directors persons who meet the qualifications prescribed by Sections 3884.052 and 3884.053. (d) Directors serve staggered terms of four years, with four or five directors' terms expiring July 1 of each odd-numbered year.