(A) Any purchase order or contract within the purview of this subchapter in which the Agent or any officer or employee, or spouse thereof, of the city is financially interested, directly or indirectly, shall be void.
(B) For purposes of this section FINANCIALLY INTERESTED shall mean ownership of more than 25% of the business or of the common stock therein, or any percentage that constitutes a controlling interest, but shall not include any such interest held by a blind trust.
(Prior Code, § 37.008) (Ord. 1864, passed 8-14-2018)