(A) Conflicts of interest. The use of public office for private gain is prohibited. The City Council shall implement this prohibition by ordinance within twelve (12) months after the effective date of this Charter. Regulations to this end shall include but not be limited to: acting in an official capacity on matters in which the official has a private financial interest clearly separate from that of the general public; the acceptance of gifts and other things of value; acting in a private capacity on matters dealt with as a public official, the use of confidential information; and appearances by City officials before other City agencies on behalf of private interests of other persons or entities.
(B) Board of Ethics. The City Council may, by ordinance, establish an independent board of ethics to administer and enforce the conflict of interest and financial disclosure ordinances.