(A) (1) The Board shall have a common seal, and shall be capable of entering into, performing, and enforcing, on behalf of the city, contracts relating to matters within the jurisdiction of the Board.
(2) All contracts must be signed by the President or Vice President of the Board and Secretary of the Board, and affixed thereto its official seal.
(B) A majority of the members of the Board shall constitute a quorum but a less number thereof may adjourn a meeting from time to time.
(C) The Board may adopt rules governing its meetings and proceedings, and the duties of its officers and employees.
(D) No commissioners or officer or other employee of the Board shall be interested in any contract made under the authority of the Board.
(Ord. 50, passed - -)