The officers of the board consist of a chairperson and a vice chairperson (who shall be members of the board). The officers shall be elected by the Board of Trustees for two-year terms, selected on the odd years. A majority of four members of the Board of Trustees is a quorum. No act is valid unless voted on at a meeting of the board by a majority vote of the members of the board and a proper record made of the same. The Board of Trustees shall conduct its meetings and business in conformance with Act No. 267, State of Michigan Public Acts of 1976, the Open Meetings Act.