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Sec. 602. Possession, Management and Control of Assets.
 
   The board of each Proprietary Department shall have possession, management and control of all property and rights of every kind whatsoever:
 
   (a)   conferred upon the department by the Charter;
 
   (b)   purchased with funds under its control; or
 
   (c)   received through ordinance, or with approval of the board, through other action of the Council or from any other source, if consistent with Departmental Purposes.