The purpose and effect of the proposed rule development is to amend the sections of Chapter 40C-1, F.A.C., that address operation of the Governing Board. The rule development proposes to: (1) change the date of the regular meeting of the Governing Board; (2) provide for the creation of standing committees of the Board and appointment of committee members; (3) provide for the annual election of Board officers; (4) amend the circumstances in which a Governing Board member may abstain from voting on an official decision; and (5) repeal Rule 40C-1.010, F.A.C.