(1) There is created the Capitol Complex Improvement District Project Advisory Committee composed of the following nine (9) members:

(a) The Mayor of the City of Jackson or his or her designee;

(b) One (1) member appointed by the City Council of the City of Jackson with an initial term of one (1) year and subsequent regular terms of four (4) years;

(c) Two (2) members appointed by the Governor, one (1) for an initial term of two (2) years and one (1) for an initial term of four (4) years, both with subsequent regular terms of four (4) years;

(d) One (1) member appointed by the Lieutenant Governor for an initial term of four (4) years and subsequent regular terms of four (4) years;

(e) One (1) member appointed by the Speaker of the House of Representatives for an initial term of two (2) years and subsequent regular terms of four (4) years;

(f) One (1) member appointed by the President of Jackson State University;

(g) One (1) member appointed by the Vice Chancellor for Health Affairs of University of Mississippi Medical Center; and

(h) The Director of the City of Jackson Department of Public Works or his or her designee.

The member appointed under paragraph (b) of this subsection (1) shall be a resident of the City of Jackson in Hinds County.

(2) Members appointed to the committee shall not also serve as members of the commission established by the City of Jackson pursuant to Section 27-65-241. Appointed members shall serve without compensation at the will and pleasure of the appointing authority.

(3) The committee shall elect a chairman and such other officers as it considers necessary from among its members.

(4) A majority of the members of the committee shall constitute a quorum for the conduct of meetings and all actions of the committee shall be by a majority vote.

(5) The committee shall consult with the Department of Finance and Administration and advise the department in the development of comprehensive plans for improvement projects in the city and any changes to such plans.

(6) The committee shall meet, subject to call by the Executive Director of the Department of Finance and Administration, at least quarterly to conduct business.