No member of the Council, the Mayor or any other officer or employee of the City, shall directly or indirectly have an interest in any contract, job, work or service with or for the City; nor in the profits or emoluments thereof, nor in the expenditure of any money on the part of the City other than his fixed compensation; and any contracts with the City in which such officer or employee is, or becomes, interested may be declared void by the Council.
(Enacted November 2, 1993)