(B)    All members appointed shall be residents of the City or shall be owners of real estate or owners             or executive or managerial employees of owners of businesses located within the corporate City             limits.

        (C)    The terms of office for each of the members of the Civic Progress Committee shall be three (3)                 years, except for the initial committee members who shall be appointed to serve staggered terms,             as determined by lot drawn at the first meeting of the committee, as follows:

            (1)    Three (3) members to serve until April 30, 2007.

            (2)    Three (3) members to serve until April 30, 2008.

            (3)    Three (3) members to serve until April 30, 2009.

        (D)    Notwithstanding anything in the preceding Subparagraph “C” of the Articles, initial and regular                 members of the Civic Progress Committee shall, in each instance, serve until their successor is                 appointed and has qualified.  Any member may be reappointed at any time.  Vacancies shall be                 filled by appointment for the remainder of the unexpired term of the vacated committee office.                  Any member may be removed by the Mayor for cause, with the  approval of the City Council.                  All members shall serve without compensation.