The City Administrator shall have the authority to rent the city swimming pool to such organizations and other persons as they may, in their discretion, see fit, subject to the review of the City Council. The Parks and Pool Committee shall prescribe rules and regulations for such rentals and shall require an appropriate number of qualified lifeguards to be in attendance during the rental period. Such fees and other costs shall be on file at the office of the City Clerk and posted in a conspicuous place at the swimming pool.