The Mayor, Councilmembers, and officers and employees shall not hold any other public elective or appointive office of emolument except that of the Justice of the Peace. The Mayor, Councilmembers, and officers and employees shall be bound in their conduct in accordance with applicable state law regulating conflicts of interest of officers of municipalities. Any member of the Council who has three (3) consecutive unexcused absences from Council meetings shall forfeit the office.