(1) In order to preserve, augment and engender the historic qualities of Washington, Mason County, Kentucky, there is hereby created the Washington, Kentucky Historic Township Commission to devise a plan and undertake the general restoration and development of Washington, Kentucky, as a late eighteenth and early nineteenth century frontier town.
(2) The Washington, Kentucky Historic Township Commission, hereinafter referred to as the commission, shall consist of eleven (11) members to be appointed by the Governor from among the citizens of Washington and Mason County. The commission shall elect one (1) of its members chairman and one (1) of its members vice chairman.