(A)   In addition to the prohibition against self-benefitting from a public contract under G.S. 14-234, no employee, officer, or agent of the town may participate directly or indirectly in the selection, award, or administration of a contract supported by a federal award if he or she has a real or apparent conflict of interest. A real or apparent conflict of interest exists when any of the following parties has a financial or other interest in or receives a tangible or personal benefit from a firm considered for award of a contract:
      (1)   The employee, officer, or agent involved in the selection, award, or administration of a contract;
      (2)   Any member of his or her immediate family;
      (3)   His or her partner; or
      (4)   An organization which employs or is about to employ one of these parties.
Any officer, employee, or agent with an actual, apparent, or potential conflict of interest as defined in this policy shall report the conflict to his or her immediate supervisor. Any such conflict shall be disclosed in writing to the federal award agency or pass-through entity in accordance with federal awarding agency policy.
   (B)   Any person in a position of public trust violating the provision of this section shall, upon conviction, be guilty of a misdemeanor and be punished in accordance with the provisions of G.S. § 14-234.
(Ord. passed 4-18-83; Am. Ord. 2018-09-04, passed 9-4-18)