SECTION 5.03   BOARD OF CONTROL.
A.   COMPOSITION AND DUTIES.
   The Mayor, President of Council, Vice-President of Council, Director of Finance and  Administrative Officer shall constitute the Board of Control of the Municipality. Each member shall have a vote. The Mayor shall be the presiding officer.
B.   APPROVAL OF CONTRACTS.
   No contract involving an expenditure in excess of five thousand dollars shall be awarded without the approval of the Board of Control.  (Amended November 6, 2012; May 6, 2014; November 6, 2018)
C.   INVESTMENTS.
   The Board of Control shall direct the Director of Finance on the institution of the investments of the Municipality. (Amended November 8, 2016)