For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
APPOINTING AUTHORITY. The office with authority to appoint an individual to a position. For purposes of this chapter, the City Council shall act as the appointing authority.
CITY OFFICIAL. Every city elected official, officer, or employee; member of a city board, authority, commission, or committee, or trustee appointed by the city to a public trust with the city as a beneficiary.
FINANCIAL INTEREST. In an official action, exists when the action may result directly or indirectly in a financial gain or loss accruing to the city official and/or his or her immediate family to a greater extent than could reasonably be expected to accrue to the general public. In a company, business, organization, or other entity, exists when the city official and/or his or her immediate family owns, individually or combined, a 5% or more share of the company, business, or other entity and the value of such share exceeds $5,000.
IMMEDIATE FAMILY MEMBER. The City Official's spouse, children, parents or spouse's parents and any other family members within three degrees of affinity or consanguinity.
ORGANIZATIONAL INTEREST. In a company, business, organization, or other entity, exists when the city official or an immediate family member is a director or a member of a board which establishes policy and/or budgetary decisions for the entity.
PERSONAL INTEREST. A direct or indirect interest, matter, or relationship not shared by the general public which could be reasonably expected to impair the city official's objectivity or independence of judgment.
(Ord. 2010-19, passed 6-21-10)