The community should elect a Senate empowered to vote on community issues while granting veto powers to you.
One Senate member for every, say, 2000 community members.
Individuals can campaign for a seat on the Senate which will ultimately be decided by a community voting process.
Although you retain executive powers, the Senate process ensures the policies and decisions impacting the community are reflective of the needs and will of its participants.
For instance, suspensions, and the severity of, are to be determined by a Senate vote.
The Senate can also be charged with reviewing the conduct of "Chairmans of the Board" and decide, by majority vote of the Senate, whether Chairmans are egregiously abusing power and need to be replaced. The replacement process can also be achieved through a vote of the members of the thread and approved or disapproved by the Senate and yourself.
This process allows the site, and the rules therein, to cater to the will of, and grow with, the community and not by the personal bias and heavy hand of one or two individuals.