The town manager shall be the chief executive and administrative officer of the town. The council, by a majority vote, shall appoint a town manager within six (6) months whenever a vacancy exists in such position. Such appointment shall be with or without definite term, as the council shall determine, and shall be at a salary to be fixed from time to time by the council. The manager shall be appointed without regard to any consideration other than his fitness, competency, training and experience in professional urban administration. At the time of his appointment, he need not be a resident of the town or state. No member of the council shall be appointed manager during the term for which he shall have been elected nor within one (1) year after the expiration of his term of office.
The council, at a regular or special meeting, may, upon the vote of the majority of the entire council, remove the town manager from office. Upon such termination the council may, in its discretion, provide termination pay.