Sec. 2-4. - Presiding officer; president; vice president; compensation.

The Council shall elect an officer of the City who shall have the title of president, and shall preside at meetings of the Council. The Council shall also elect a vice president who shall act as president during the absence or disability of the president and if a vacancy occurs shall become president for the completion of the unexpired term. Both the president and the vice president shall be elected from among the Council Members. The president shall receive such additional compensation annually, as determined by ordinance in addition to his or her compensation as a Council member until changed by ordinance, but the amount shall not be increased during the current term of Council Members enacting such ordinance. The vice president while performing the duties of the president in the absence or disability of the president shall receive such compensation as determined by ordinance not to exceed the amount allowed to the president for such services.