(1) Upon the creation of a seven-member commission:
(a) three members must be appointed by the legislative body of the city or town;
(b) three members must be appointed by the board of county commissioners; and
(c) one member must be appointed by the members of the board of county commissioners and the members of the city or town, meeting in joint session.
(2) In order to be appointed, a candidate for the appointment to a seven-member commission by the joint meeting must receive a majority of the votes of the members of the board of county commissioners and a majority of the votes of the members of the legislative body of the city or town voting on the question.
(3) Initially, three commission members shall each serve a 4-year term and four commission members shall each serve a 2-year term. Each commission member shall draw a lot to determine the length of the member's term.