4. Duties. The board shall:

A. Meet annually in December on a day and at a place agreed upon by the chairs of the school boards of the participating municipalities;

B. Elect officers of the board, consisting of a chair, vice-chair and secretary. Each of the officers must be from a different participating municipality;

C. Hire a superintendent at the first meeting of the board or as soon as possible thereafter and whenever a vacancy occurs. The superintendent must be hired for a term of at least 30 months but no longer than 66 months;

D. Adopt annually a budget for the operation of the superintendent's office for the next fiscal year;

E. Authorize the superintendent to employ support staff that the superintendent determines necessary to carry out the educational needs of SLD #1, consistent with budget constraints;

F. Adopt policies for SLD #1;

G. Adopt the curriculum for SLD #1;

H. Adopt a 5-year program and 5-year financial plans, with annual reviews, for SLD #1;

I. Provide annual evaluations to the superintendent concerning the performance of the superintendent;

J. Determine the apportionment of costs among the participating municipalities in accordance with section 7, subsection 2; and

K. Establish committees for those specific areas determined necessary by the board, such as budget, finance, negotiations, curriculum and policy review. Each committee must include one member from each participating municipality's school board, appointed to the committee by that school board. The chair of the board, or a designee of the chair, and the superintendent, or a designee of the superintendent, serve ex officio on any committee established pursuant to this paragraph.