A. A Board of Directors is established to govern the affairs of the Corporation. All corporate powers of the Corporation shall be exercised by or under the authority of, and the business, property and affairs of the Corporation shall be managed under the direction of, the Board of Directors, except as may be otherwise provided in the Charter, the bylaws of the Corporation or the Act.

B. The number of Directors of the Board of Directors shall be nine, until such number shall be changed by ordinance of the Pierce County Council.

C. No person shall be eligible to serve as a Director except a person who has been appointed as a Director by resolution of the County Council. Each Director so appointed shall serve a term of office not to exceed three years after September 15, 1985; provided, that the Chair of the Pierce County Council Select Committee on Economic Development shall serve as a Director ex officio.

The following directorships shall be vacated on September 15, 1985:

Chamber of Commerce Representative;

At Large Representative.

The following directorships shall be vacated on September 15, 1986:

Port of Tacoma Representative;

Small Cities Representative;

Labor Representative.

The following directorships shall be vacated on September 15, 1987:

City of Tacoma Representative;

Minority Representative;

Small Business Representative.

D. The following interest groups shall be represented on the Corporate Board of Directors: