method for four-year terms. The council selects members of boards, and each board controls a different field under the city council's authority. The most important board is the City Board that wields the executive rights along with the City Mayor. The City Mayor is the senior public official and also the director of city operations. Other public officials control city institutions under the mayor's authority. Thus, the administration consists of two different parts: The political power of City Council cascading down to other boards Public officials under the authority of the city mayor who administer and manage implementation of policy. Political control The Independence Party was historically the city's ruling party; it had an overall majority from its establishment in 1929 until 1978, when it narrowly lost. From 1978 until 1982, there was a three-party coalition composed of the People's Alliance, the Social Democratic Party, and the Progressive Party. In 1982, the Independence Party regained an overall majority, which it held for three consecutive terms. The 1994 election was won by Reykjavíkurlistinn (the R-list), an alliance of Icelandic socialist parties, led by Ingibjörg Sólrún Gísladóttir. This alliance won a majority in three consecutive elections, but was dissolved for the 2006 election when five different parties were on the ballot. The Independence Party won seven seats, and together with the one Progressive Party they were able to form a new majority in the council which took over in June 2006. In October 2007 a new majority was formed on the council, consisting of members of the Progressive Party, the Social Democratic Alliance, the Left-Greens and the F-list (liberals and independents), after controversy regarding REI, a subsidiary of OR, the city's energy company. However, three months later the F-list formed a new majority together with the Independence Party. Ólafur F. Magnússon, the leader of the F-list, was elected mayor on 24 January 2008, and in March 2009 the Independence Party was due to appoint a new mayor. This changed once again on 14 August 2008 when the fourth coalition of the term was formed, by the Independence Party and the Social Democratic Alliance, with Hanna Birna Kristjánsdóttir becoming mayor. The City Council election in May 2010 saw a new political party, The Best Party, win six of 15 seats, and they formed a coalition with the Social Democratic Alliance; comedian Jón Gnarr became mayor. At the 2014 election, the Social Democratic Alliance