(A) Any officer, official, or employee who makes or participates in the making of city-based decisions which may foreseeably have a material effect on a personal or financial interest of such person shall file an annual financial disclosure statement with the person designated by the City Council as the “Code of Ethics Enforcement Officer.” Such statements shall be available for public inspection.
(B) An initial financial disclosure statement shall be filed within 30 days after the effective date of this chapter.
(C) Financial disclosure statements shall contain the following information:
(1) Investments or interests within the county in real property reports where the individual fair market value of each investment or real property interest is over $10,000 or 5 % ownership interest or more. For such investments of real property interests, the statement shall contain a description of the nature of the investment or interest; the name and general description of the business entity in which each investment is held; and the address or other precise location of the real property.
(2) Personal income reports within the state detailing the name and address of each source of income aggregating $10,000 or more in value, or $200 or more in value if the income was a gift and such gift creates or may create the appearance of intended influence on the performance of official duties. A general description of the business activity, if any, of each source and description of consideration, if any, for which the income was received shall also be stated. Gifts from members of the immediate family need not be reported.
(3) Business entity income reports detailing the names and addresses of all instate businesses, including sole proprietorships, in which the filer holds at least 5% ownership interests or has $10,000 or more ownership interest, and detailing the names and address of all out-of-state businesses in which the filer has such interests and which have done business with the city within the last three years or expect to do business with the city in the next proceeding year.
(D) Persons required to file financial disclosure statements under division (A) of this section must disqualify themselves from making or participating in the making of any decisions which will foreseeably have a material financial effect, distinguishable from its effect on the public generally, on any reportable interest of that person.
(E) Persons required to disqualify themselves shall notify the Code of Ethics Enforcement Officer in writing of their disqualification. The Code of Ethics Officer shall record their disqualification. In the alternative, persons required to disqualify themselves may give notice of their disqualification at the meeting or proceeding during which consideration of the decision takes place. Such notice shall be made part of the record of the meeting or proceeding.
(Ord. 200.1-1994, passed 12-19-94)