(A)   A public servant who knowingly or intentionally has a pecuniary interest in or derives a profit from a contract or purchase connected with an action by the governmental entity served by the public servant has a conflict of interest subject to disclosure.  A public servant has a pecuniary interest in a contract or purchase if the contract or purchase will result or is intended to result in an ascertainable increase in the income or net worth of the public servant or a dependent of the public servant.  “DEPENDENT” means any of the following:  the spouse of a public servant; a child, stepchild, or adoptee (as defined in I.C. 31-3-4-1) of a public servant who is unemancipated and less than 18 years of age; and any individual more than one-half of whose support is provided during a year by the public servant.  If an employee has a conflict of interest, he or she shall disclose their conflict of interest on the prescribed form in the Clerk-Treasurer’s office immediately.
   (B)   The following regulations apply to all public officials and employees of the city.
      (1)   Officers or employees of the city shall neither solicit nor accept gratuities, favors, or anything of monetary value from consultants, potential consultants, or parties to subagreements, unless in accordance with this division.
      (2)   The aforementioned prohibition does not include gratuities, favors, or anything of monetary value under $300 per day. Any financial interest under $300 per day shall be considered not substantial in accordance with the Code of Federal Regulations.
      (3)   This division conforms to the standards set forth in the Code of Federal Regulations and by the Indiana Department of Transportation.
      (4)   A “CONSULTANT” is defined as an individual or firm providing or seeking to provide engineering or design-related services as a party, recipient or subrecipient to a contract with the city.
(Ord. 46-7-90, passed 8-21-90; Am. Ord. 53-12-92, passed 12-28-92; Am. Ord. 56-11-17, passed 11-21-17)