No member or employee of the Housing Authority shall acquire any interest, direct or indirect, in any project or in any property including or planned to be included in any project, nor shall he or she have any interest, direct or indirect, in any contract or proposed contract for materials or services to be furnished or used in connection with any project. If any member or employee of the Authority owns or controls an interest, direct or indirect in any property included in any project, which interest was acquired prior to his or her appointment or employment, he or she shall disclose the same in writing to the Authority at the time of his or her appointment and the disclosure shall be entered upon the minutes of the Authority.
(KRS 80.080) (Ord. 07-0-002, passed 2-26-07)