(a) The authority shall be governed by a board of directors consisting of members to be appointed as follows: One member appointed by the Macon County Commission; one member appointed by the member of the Alabama House of Representatives who represents Macon County; one member appointed by the member of the Alabama State Senate who represents Macon County; one member appointed by Tuskegee University; and one member appointed by the governing body of each incorporated municipality in the county. Additional voting members may be appointed to the board of directors by a two-thirds vote of a quorum of the board of directors, provided that the board of directors shall be composed of no more than 13 members. No member of the board of directors shall hold any elected public office. The initial terms of the directors shall be staggered. Two members, the one appointed by the member of the House of Representatives representing Macon County and the one appointed by the member of the Alabama Senate representing Macon County, shall serve for initial terms of one year each. Notwithstanding the foregoing, the initial member added to the board by appointment of a municipality that did not appoint a member prior to August 1, 2012, shall serve a term of four years, the initial member appointed by Tuskegee University shall serve a term of four years, and the members appointed by the board of directors shall serve a term of four years. Any member serving on August 1, 2012, except the member previously appointed by Tuskegee University, shall serve the remainder of his or her term. Thereafter, all members shall serve for a term of four years. All members shall serve until their successors are appointed and qualified. Upon a vacancy, the successor shall be appointed in the same manner and by the same method as the member whose place is being filled.

(b) Within 30 days after August 1, 2012, the appointing authorities shall submit the names and addresses of the members of the board to the judge of probate and the appointments shall be filed and maintained in the office of the judge of probate. The members shall elect from among themselves a president, vice-president, secretary, and treasurer. Each officer shall serve for a period of one year or until a successor is elected to serve. No officer shall be bonded, except the treasurer, who shall obtain bond as an official.

(c) Ex officio nonvoting members of the board shall consist of: One member from each industrial development board, one member appointed by the Macon County Chamber of Commerce, and one member from the Macon County Board of Education. The board shall meet at least once per month.