The Water Utilities Appraisal Review Board ("Board") is established on an ad hoc basis to review appraisals of water utilities, including their water supplies, for possible acquisition to expand the City public water system. The Council will appoint three members to the Board on approving the consideration of the acquisition of a water utility. The members serve until final action by the Council on the consideration of the acquisition of the water utility. The Board members will, at their first meeting, elect one of the members chairperson and adopt rules for the administration and proper functioning of the Board that are consistent with State law and the Phoenix City Charter and Code. The members of the Board receive no compensation for their services and will not be reimbursed for any expenses incurred by them in the performance of their official duties. (Ord. No. G-6741, § 2 (Exh. A), 2020)