(a) Any city affected by and desiring to avail itself of the benefits of this chapter shall enact by a majority vote of the elected and qualified members of its city council an ordinance creating an airport commission to be composed of seven (7) citizens who are qualified electors of the state.
(b)
(1) At least one (1) of the members shall be fully experienced in aviation, holding some type of pilot aeronautical rating.
(2) If there is not any citizen experienced in aviation holding some type of pilot aeronautical rating who is available or willing to serve on the commission, then the city council may waive this requirement.
(c) No more than one (1) member of the commission may have financial dealings or interests in an aeronautical enterprise while a member of the commission.