All public servants are prohibited from engaging in the following conduct:
(A) Divulging confidential information to any person not authorized to obtain such information.
(B) Benefitting financially from confidential information.
(C) Representing his or her individual opinion as that of the village.
(D) Misusing village personnel resources, property, funds or assets for personal gain.
(E) Soliciting or accepting a gift or loan of money, goods, services or other things of value which tend to influence the manner in which the public servant performs his or her official duties.
(F) Engaging in a business transaction which may cause the public servant to derive a personal profit or gain directly or indirectly as a result of his or her official position.
(G) Engaging in employment or rendering services that are incompatible or in conflict with the discharge of his or her official duties or that tend to impair his or her independence of judgement.
(H) Participating in contracts, loans, grants, rate fixing, or issuing permits involving a business entity in which he or she has a substantial interest; however this provision shall not apply in the following circumstances:
(1) Contracting with the village where:
(a) The contract is awarded pursuant to sealed bids;
(b) The public servant is not involved directly or indirectly or otherwise refrains from participation in the decision on the award of the contract; and
(c) The Village Council, after reviewing the circumstances, determines the award of the contract would be in the best interest of the village.
(2) Where the interest of the public servant in the business entity involves the holding of less than 1% of the securities in a publicly traded business or less than 5% of any privately or closely held business and where the public servant will not have any involvement in the transaction on behalf of the contracting business entity.
(Ord. 48, passed 9-8-03)