10:6 Membership; Meetings; Compensation. –
I. The commission shall be comprised of the following members:
(a) Three members who shall have experience as real estate developers or have business experience, appointed by the governor and council.
(b) One member with business experience who is a resident of Belknap county, appointed by the governor and council.
(c) One member appointed by the mayor and city council of the city of Laconia.
(d) One member with business experience, appointed by the speaker of the house of representatives.
(e) One member with business experience, appointed by the senate president.
II. The governor shall appoint a member of the commission to be the chairperson.
III. Appointments to the commission shall be made within 20 days of the effective date of this section. The first meeting shall be not later than 30 days after the effective date of this section. The commission shall hold meetings at the call of the chairperson. Meetings shall be held at least quarterly. Four members of the commission shall constitute a quorum. An affirmative vote by 4 members is necessary for any action by the commission.
IV. Members shall serve without compensation from the commission, except for reimbursement of such incidental expenses determined by the commission to be necessary which are incurred while performing commission business.