A. Adoption of Model Conflict of Interest Code. The Model Conflict of Interest Code as set forth in Section 18730 of Title 2 of the California Code of Regulations together with any amendments thereto hereinafter enacted by the Fair Political Practices Commission is adopted by reference and constitutes the conflict of interest code of the Chico public financing authority.
B. Place of Filing Statements of Economic Interests. Members of the board of directors of the Chico public financing authority, authority officer and other authority personnel (hereinafter referred to as “authority officials”) shall file statements of economic interest with the authority secretary as provided for in Section 4(C) of the Model Conflict of Interest Code.
C. Disclosure Categories. The disclosure categories for authority officials provided for in Section 3 of the Model Conflict of Interest Code shall be as follows:
l. Disclosure Categories for Investments in Business Entities.
Category la. Authority officials in this category shall report any direct or indirect investment in a business entity worth more than $1,000 where the business entity is located or doing business in the city.
Category 1b. Authority officials in this category shall report any direct or indirect investment in a business entity worth more than $1,000 where the business entity is engaged in contracting with the authority or selling goods or services to the authority.
2. Disclosure Categories for Interest in Real Property.
Category 2. Authority officials in this category shall report any direct or indirect interests in real property worth more than $1,000 where the real property is located within the city or within two miles of the city’s boundaries.
3. Disclosure Categories for Sources of Income.
Category 3a. Authority officials in this category shall report any source of income, other than loans by a commercial lending institution in the regular course of business, aggregating $250 or more in value where the source of income is located or doing business in the city.
Category 3b. Authority officials in this category shall report any source of income, other than loans by a commercial lending institution in the regular course of business, aggregating $250 or more in value where the source of income is engaged in contracting with the authority or selling goods or services to the authority.
4. Disclosure Categories for Business Entities in Which the Authority Official is a Director, Officer, Partner, Trustee, Employee or Holds Any Position in Management.
Category 4a. Authority officials in this category shall report any business entity in which the authority official is a director, officer, partner, trustee, employee or holds any position in management where the business entity is located or doing business in the city.
Category 4b. Authority officials in this category shall report any business entity in which the authority official is a director, officer, partner, trustee, employee or holds any position in management where the business entity is engaged in contracting with the authority, or selling goods or services to the authority.
D. Designated Authority Officials. The designated authority officials provided for in Section 2 of the Model Conflict of Interest Code, and the disclosure categories applicable to such designated authority officials shall be as follows:
Designated Authority Official | Disclosure Category |
Members of the authority’s board of directors, including the board’s chairperson and vice-chairperson | 1a,b; 2; 3a,b; 4a,b |
Executive director | 1a,b; 2; 3a,b; 4a,b |
Authority counsel | 1a,b; 2; 3a,b; 4a,b |
Secretary | 1b; 2; 3b; 4b |
Treasurer | 1b; 2; 3b; 4b |
E. Consultants. The disclosure categories applicable to consultants of the Chico public financing authority shall be determined by the authority executive director or a designee based on the nature of the services to be performed for the authority by such consultants. Such determination shall be made in writing and shall contain a description of the consultants’ duties. A copy of such determination shall be forwarded to the authority secretary and shall be retained by the authority’s secretary for public inspection in the same manner and in the same location as the authority’s conflict of interest code.
(Res. No. 111 91-92 §3, Res. No. 02 03-04)