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Dunedin City Council aquatic services manager Steve Prescott said he hoped to advertise for expressions of interest in the five volunteer positions on the board by next month.
The board would be in charge of two professional swim coaching contracts for Moana Pool and guide general swim coaching.
It would also implement recommendations made by an independent panel that recently reviewed swim coaching services at the pool, he said.
The review panel was set up following concerns about fairness and consistency of swim coaching at the pool.
A constitution for the board would be drafted this month following consultation with Dunedin's swimming community and other interested parties, including Olympic gold medallist Danyon Loader, Mr Prescott said.
Emails had been sent to interested parties seeking feedback and ideas on what the board should and should not do.
Responses are required in the next three weeks.
A draft constitution would then be circulated. Once that was finalised, expressions of interest would be sought for the board positions.
Mr Prescott hoped the board would be in place and operating by October 1, when one of the present swimming coaches, Andy Adair, who resigned last month, is to leave.