In January of each year, the board of managers shall call a meeting of the landowners. At least 10 days before the meeting, the board of managers shall post a notice of the meeting at four public places in the vicinity of the drainage project. The notice shall state the time, place, and purpose of the meeting. At the meeting, the landowners shall: receive the annual report of the board of managers; and transact any other business that may properly come before the landowners.