It shall be unethical for any Village employee to participate directly or indirectly in a procurement contract when the Village employee knows that:
A. The Village employee or any member of the Village employee's immediate family has a financial interest pertaining to the procurement contract; or
B. Any other person, business, or organization with whom the Village employee or any member of a Village employee's immediate family is negotiating or has an arrangement concerning prospective employment is involved in the procurement contract. (Ord. 2007-100, 10-18-2007)