A committee member has a financial interest in a decision within the meaning of Section 2.74.010 if it is reasonably foreseeable that the decision will have a material financial effect, distinguishable from its effect on the public generally, on:
A. Any business entity in which the committee member has a direct or indirect interest worth more than one thousand dollars
B. Any real property in which the committee member has a direct or indirect interest worth more than one thousand dollars.
C. Any source of income, other than loans by a commercial lending institution in the regular course of business on terms available to the public without regard to official status, aggregating two hundred fifty dollars or more in value provided to, received by, or promised to the committee member within twelve months prior to the time when the decision is made.
D. Any business in which the committee member is a director, officer, partner, trustee, employee, or holds a position of management.
For purposes of this section, indirect investment or interest means any investment or interest owned by the spouse or dependent child of a committee member, by an agent or on behalf of a committee member, or by a business entity or trust in which the committee member, the committee member's agents, spouse, and dependent children own directly, indirectly or beneficially a 10 percent interest or greater
(Ord. MC-64, 6-19-81)