There is hereby established a Board of Ethics consisting of
three members to be appointed by the Village Board, all of whom reside
in the Village of Bloomfield, and who shall serve without compensation
and at the pleasure of the Village Board of the Village of Bloomfield.
A majority of such members shall be persons other than Village employees,
but shall include at least one member who is an elected or appointed
Village employee of the Village of Bloomfield.
Such Board of Ethics, upon its formation, shall promulgate its
own rules and regulations as to its form and procedures and shall
maintain appropriate records of its opinions and proceedings.