(a) No elected official or employee of the City who exercises or has exercised any function or responsibility with respect to Community Development Block Grant (CDBG) or Revolving Loan Fund (RLF) activities, or who is in position to participate in a decision-making process or gain inside information with regard to such activities, may obtain a personal or financial interest or benefit from CDBG or RLF-assisted activity, or have an interest in any contract, subcontract or agreement for CDBG or RLF activities, or funds related to the execution of those activities, or the proceeds thereunder, either for themselves or those with whom they have ties (business or immediate family) This prohibition shall continue during their tenure and for one year thereafter.
(b) Affected persons shall include any person who is an employee, agent, consultant, officer or elected or appointed official of the City, or of any designated public agency or subrecipient which is receiving funds and to which the City delegates the administrative authority for maintaining standards set forth for the CDBG or RLF programs.
(Ord. 02-013. Passed 8-26-02.)