(a) The board shall appoint a qualified person as district administrator.
(b) The district administrator serves at the will of the board and shall receive the compensation determined by the board.
(c) On assuming the duties of district administrator, the administrator shall execute a bond payable to the district in the amount set by the board of not less than $5,000 that:
(1) is conditioned on the administrator performing the administrator's required duties; and
(2) contains any other condition the board requires.
(d) The board may appoint an assistant district administrator. The assistant district administrator serves at the will of the board and receives the compensation determined by the board.