[Adopted 5-17-1993 as
Ch. 2.108 of the 1993 Code]
[Amended 10-20-2003 by Order No. 2003-263]
The management of the proceeds of the trust fund established
under the will of the late Ervant Serposs for the purpose of establishing
the Elizabeth Serposs Clinic shall be vested in a Board of Managers
of the Elizabeth Serposs Clinic, such Board consisting of the Mayor,
Health Commissioner, the Superintendent of Schools, the City Solicitor
and the Treasurer/Collector.
A.
The Board shall have the management of the fund and property acquired
for the use of the fund and shall exercise all the powers and duties
of the government of the City in relation thereto as prescribed by
the last will and testament of Ervant Serposs.
B.
The Board shall make such rules and regulations for its own government
and for the operation of the clinic as it deems expedient.
No salary or other compensation for services rendered shall
be paid to any member of the Board from the Elizabeth Serposs Clinic
funds.
