(b) Four directors shall be elected at large by the electors. A candidate for any of these positions must be an elector who:
- (A) Resides within the managed floodplain;
- (B) Regardless of whether the elector resides within the managed floodplain, owns real property located within the managed floodplain; or
- (C) Regardless of whether the elector resides within the managed floodplain, is the designated representative of a business or other for profit or nonprofit corporation that owns real property located within the managed floodplain and is authorized in writing by the owner to be a candidate at the time of filing the declaration of candidacy.