For purposes of this article, the following terms shall have the meanings specified:
"Board" includes the city council and the boards and commissions listed in Section 2.16.100 of this article.
"Business entity" means any organization or enterprise operated for profit, including, but not limited to, proprietorship, partnership, firm, business trust, joint venture, syndicate, corporation, or association.
"City official" and "city officials" includes the members of the city council and members of the boards and commissions listed in Section 2.16.100 of this article.
"Family relative" means and includes:
1. The spouse of a city official;
2. The parent or child or spouse of the parent or child of a city official or of the spouse of a city official;
3. Any person or any spouse of any person related within the third degree, inclusive of collateral consanguinity to any city official or the spouse of any city official.
Thus, the brother, sister, uncle, aunt, niece or nephew (and the spouse of any of the foregoing) of a city official or of the spouse of a city official is a family relative of the city official within the meaning of this code.
Investment in business entity:
1. Includes any financial interest in or security issued by a business entity, including, but not limited to, common stock, preferred stock, rights, warrants, options, deed instruments and any partnership or other ownership interest; and
2. Applies to any investment, regardless of where such business entity is located or does business; and
3. Applies to a city official, if the official and the person who is an applicant or is principally involved in the matter before such city official's board each have a twenty-five thousand dollar ($25,000.00) or greater, or ten (10) percent or greater, investment in such business entity.
"Ownership interest in real property" means and includes any leasehold beneficial or ownership interest or option to acquire such an interest in real property regardless of where such property is located, if the city official and the person who is an applicant or is principally involved in the matter before such city official's board each have a twenty-five thousand dollar ($25,000.00) or greater, or ten (10) percent or greater, interest in such property.
"Principally involved" means and includes:
1. A person who has a twenty-five (25) percent or greater investment in the business entity or a twenty-five (25) percent or greater ownership interest in the real property for which an application is made; or
2. A person who is appealing a disciplinary action to the civil service board; or
3. A person who is appealing a decision of the retirement system manager to the retirement hearing commission; or
4. A person with a financial interest in the outcome of the decision of the board which will exceed five thousand dollars ($5,000.00). (Prior code § 53.03.024)