For the purpose of this subchapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
BUSINESS ENTITY. A corporation, a limited liability company, partnership, joint venture, unincorporated association, sole proprietorship, trust, and any other business form.
CITY. The City of the Village of Douglas, a Michigan General Law City.
CONFIDENTIAL INFORMATION. Any information and documents which are exempt from disclosure under the Michigan Freedom of Information Act, Public Act 267 of 1976, being M.C.L.A. §§ 15.261 to 15.275, as amended, or information communicated in a closed-door session under the Open Meetings Act, Public Act 267 of 1976, being M.C.L.A. §§ 15.261 to 15.275.
CONFLICT OF INTEREST. An interest that competes with or is adverse to a public servant’s duty to the public.
INTEREST. Any right, title, or share, whether it is personal, financial, legal, or equitable, which is owned, held, or controlled, in whole or in part, directly or indirectly, by a public servant. It does not include any ownership in a corporation acquired through the purchase for fair market value or inheritance of less than 1% of the shares of the corporation, or of a parent, subsidiary, or affiliate of the corporation, if the shares had been registered on the securities exchange pursuant to the Securities Exchange Act of 1934, as amended.
PUBLIC BODY. The City Council, and any board, authority, commission, committee, subcommittee, department, office, or other agency of the city.
PUBLIC SERVANT. The City President, a Trustee of the City Council, officer, and any other person elected or appointed to a public body of the city, regardless of whether the person receives monetary compensation.
(Ord. 171, passed 12-15-2003)