§ 36.153  CONFLICT OF INTEREST.
   (A)   The town recognizes and respects the right of individual employees to engage in private activities outside of the workplace that do not conflict with or reflect poorly on the town.  The town also recognizes its right and obligation to determine when an employee’s activities present a conflict of interest with the town.  At such times the town must take whatever action is necessary to resolve the situation, including but not limited to, terminating employment.
   (B)   Supervisors and employees having a financial interest in company or a substantial investment in a corporation that might benefit from their dealings with the town must file a conflict of interest statement with the Town Council, which will be reviewed at a public meeting.
   (C)   An employee who knowingly or intentionally obtains a pecuniary interest in or derives a profit from a contract or purchase connected with an action by the town commits a Class D felony, unless a financial disclosure form is approved in advance and filed as required by state law.  A financial interest of the spouse or dependent of a supervisor or employee is also covered by this law.  Employees must file a conflict of interest statement with the Town Council whenever an employee’s outside business activities are directly or indirectly linked to the town in a business relationship, such as vendor, supplier, contractor or independent subcontractor. The Clerk-Treasurer has conflict of interest forms available upon request. 
   (D)   Employees with questions concerning a potential conflict of interest must immediately contact their supervisor.
(Ord. 05-04, passed 2-28-2005)