As used in this chapter, each of the terms herein defined shall have the meanings given in this section, unless a different meaning is clearly required by the context. All words used in the present tense shall include the future; words used in the singular number shall include the plural number, and the plural number the singular, unless the natural construction of the sentence indicates otherwise, and the word "shall" is mandatory, not directory:
BUSINESS: Any corporation, partnership, proprietorship, firm, enterprise, franchise, association, organization, self- employed individual and any legal entity.
BUSINESS WITH WHICH HE OR SHE IS ASSOCIATED: Any business of which the person or a member of his or her household is a director, officer, owner, employer or holder of more than one percent (1%) of the outstanding stock, and any business which is a client of the person.
CITY OFFICIAL: Any elected official, employee, any member of a board or commission appointed by the Mayor or City Council, or any agent of the City.
EMPLOYEE: An individual drawing a salary from the City, whether elected or not, and any noncompensated individual who performs personal services for the City.
VALUABLE GIFT: Any gift with a value in excess of fifty dollars ($50.00), and any gift with a value of less than fifty dollars ($50.00) where the item is durable and/or transferable and is offered within six (6) months of similar gifts. The purpose of this definition is to ensure that employees do not seek nor receive multiple gifts that total more than fifty dollars ($50.00) over a relatively short period of time. Gifts that are durable and/or transferable do not include food items, meals and the like. (1952 Code § 1-21-02)