§ 36.48 INTERESTS IN CONTRACTS.
   (A)   Any vendor, supplier, contractor or bidder on a contract shall submit to the village in writing a disclosure statement provided by the village in conformity with ILCS Ch. 65, Act 5, § 3.1-55-10 stating, if applicable, any interest that any person associated with that vendor, supplier or bidder might have in the government of the village including serving on an advisory panel or commission, and including service as an employee of the village. Such disclosure statement shall further provide all information reasonably required in response to the requirements of this section. In cases where the expense of a contract, bid or proposal exceeds the sum of $100,000, the vendor, supplier, contractor or bidder shall also identify the names of all persons holding an ownership interest in the vendor, supplier or bidder in excess of 1% who are related as spouse, parent, child, sibling, aunt, uncle or cousin to any person then holding elected office or any employment position with the village. In the event that any part of the contract, bid or proposal in question is to be subcontracted to one or more subcontractors (including materials suppliers) or to one or more tiers of subcontractors (including materials suppliers), the vendor, supplier, contractor or bidder in question shall also cause the foregoing information to be provided with respect to all subcontractors (including materials suppliers) in all subcontracting tiers. The truthfulness and accuracy of the disclosure statement shall be the responsibility of the vendor, supplier, contractor or bidder in question. The failure to supply the disclosure statement required hereunder shall constitute grounds for rejecting any bid, proposal, or award of a contract.
   (B)   No vendor, supplier, bidder or contractor shall be eligible to enter into any contract with the village having a value or expense in excess of $100,000 where a person holding an ownership interest in excess of 1% in such vendor, supplier, bidder or contractor is related as spouse, parent, child, sibling, aunt, uncle or cousin to any person then holding elected office or any employment position with the village, where such employment position in any way involves the review or approval of bids, contracts, proposals or purchases. In cases where all or a portion of such contract is to be subcontracted to one or more subcontractors (including materials suppliers) or to one or more tiers of subcontractors (including materials suppliers), a vendor, supplier, bidder or contractor shall not be eligible to enter into any such contract with the village if a person holding an ownership interest in excess of 1% in any subcontractor in any tier of subcontractors is related as spouse, parent, child, sibling, aunt, uncle or cousin to any person then holding elected office or any employment position with the village where such employment position in any way involves the review or approval of bids, contracts, proposals or purchases.
   (C)   No vendor, supplier, bidder or contractor shall be eligible to enter into any contract with the village having a value or expense in excess of $100,000 (or any group or series of multiple contracts that, in a given calendar year or given fiscal year of the village, has an aggregate value or expense in excess of $100,000) if such vendor, supplier, bidder or contractor then employs any elected village official or any village employee, or then possesses or maintains any compensated independent contracting or consulting relationship with any elected village official or any village employee.
   (D)   No vendor, supplier, bidder or contractor shall be eligible to enter into any contract with the village having a value or expense in excess of $100,000 (or any group or series of multiple contracts that, in a given calendar year or given fiscal year of the village, has an aggregate value or expense in excess of $100,000) if such vendor, supplier, bidder or contractor then employs or possesses or maintains any compensated independent contracting or consulting relationship with any individual who was employed by the village or served as an elected official of the village at any time during the preceding two years.
   (E)   By a vote of two-thirds of the Village Trustees then holding office, the provisions of this section may be waived with respect to any contract otherwise subject to these provisions where such a waiver is deemed to be advantageous to the village, and such waiver shall be recited in the legislation authorizing the execution of any such contract.
   (F)   As used in this section, references to vendors, suppliers, contractors or bidders and the like shall exclude any governmental body or entity with which the village may contract with from time to time.
(Ord. 2271-94, passed 6-15-94; Am. Ord. 12-0995, passed 6-20-12; Am. Ord. 20-1661, passed 11-4-20)