SECTION VII-2. QUALIFICATIONS OF OFFICERS.
   Each elective officer of the City shall be a qualified elector of the City, shall have resided continuously therein not less than one year next preceding his or her election, and shall continue to reside therein during his or her term of office. Such officer shall hold no other public office or employment with this City or with the Shaker Heights City School District during his or her term, except as otherwise provided in this Charter.
   No officer of the City, elective or otherwise, shall have any financial interest in any contract with or expenditure of money by the City other than his or her fixed compensation and for expenses of travel as provided in Section 9 of Article VI. Such interest shall disqualify such officer from holding office, in addition to the other penalties provided by law.
(Approved by voters 11-2-99.)