In accordance with provisions of RCW Chapter 41.24, there is created and established a board of trustees for the administration of the act insofar as the same is applicable to the City. The board shall consist of the Mayor, comptroller, one councilman to be elected by the Council, the Chief of the Fire Department, and one member of the Fire Department to be elected by the members of the Fire Department for a term of one year and annually thereafter.

The Mayor shall be chairman of the board of trustees and the comptroller shall be secretary and treasurer of the board of trustees. The secretary shall keep a public record of all proceedings, of all receipts and disbursements made by the board of trustees and shall make an annual report of its expenses and disbursements with a full list of the beneficiaries of the fund in the City, such record to be placed on file with the City Clerk. (Ord. 632 § 3, 1973).