All proposals for specific efforts and projects requesting funding from the Shannon Slough Fund shall be submitted to the representative for approval. The representatives may adopt by-laws or such other rules as they may deem necessary for the conduct of their affairs. The representatives, by majority vote, shall direct distributions from the fund as deemed by them to be necessary, appropriate, and consistent with the purposes as set forth in Section 3.120.030. The authority of the Shannon Slough Representatives to direct distributions to specific efforts and projects which may be proposed to them shall not include the authority to enter into contracts or other agreements, or to create any obligation on the part of the city of Aberdeen to expend moneys from the fund. All contracts or other agreements with recipients necessary to ensure the proper expenditure of funds shall be made in the name of the city of Aberdeen as approved by the city council.