(a) An award of an arbitration board may be reviewed by a district court for the judicial district in which the municipality is located only on the grounds that:
(1) the arbitration board was without jurisdiction;
(2) the arbitration board exceeded its jurisdiction;
(3) the order is not supported by competent, material, and substantial evidence on the whole record; or
(4) the order was obtained by fraud, collusion, or similar unlawful means.
(b) The pendency of a review proceeding does not automatically stay enforcement of the arbitration board's order.