Section 708.   PROHIBITED FINANCIAL INTERESTS IN CONTRACTS, FORFEITURE OF OFFICE.
   Any member of the City Council, city officer or employee, or member of any city board or commission, who has a financial interest in any contract made by such person in his or her official capacity, or by any body or board of which he or she is a member, in violation of Article 4 of Division 4 of Title 1 (commencing with Section 1090) of the Government Code of the State of California, or any successor provision thereto, upon conviction thereof, and in addition to any other penalty imposed for such violation, shall forfeit his or her office or position of employment with the City. (Amended November 7, 2000, filed by Secretary of State February 6, 2001.)