(2) Within 10 days after the creation of the district or the election of the first board members, whichever occurs later, the district board shall:
(a) Meet and organize; and
(b) Determine by lot the length of term of each board member.
(3) The term of one of the members determined under subsection (2) of this section expires June 30 next following the first regular district election. The term of two members determined under subsection (2) of this section expires June 30 next following the second regular district election. [2015 c.560 §3]