The following rules and regulations shall apply to:
A. Officers: The Commission shall elect one (1) of its members as chairman for a one (1) year term, and create and fill any other offices as it may deem appropriate.
B. Conduct of Business: The Commission shall adopt and publish such rules and regulations for the conduct of business as it deems appropriate.
C. Meetings: The Commission shall hold regularly scheduled meetings at least once a month. All meetings shall be held in accordance with the New Mexico Open Meetings Act.
D. Quorum: A quorum of the Commission shall be a majority of its members.
E. Records: A public record shall be kept of all transactions, findings, resolutions, determinations and actions of the Commission. All public records shall be open to inspection as provided by the Inspection of Public Records Act.
F. Reports: The Commission shall submit to the City Council at its regular monthly meeting a copy of the minutes of its monthly meetings.
G. Conflict of Interest: A Commission member having any potential conflict of interest on any policy, decision, or determination before the Commission shall disclose to each of the other members the nature of his potential conflict as provided by NMSA § 3-10-5, as amended, and by the New Mexico Government Conduct Act. The Disclosure shall be recorded in the Commission's minutes.
H. Penalty: Failure to disclose a conflict of interest shall be punishable by a fine not exceed five hundred dollars ($500.00) or by imprisonment not exceeding ninety (90) days or both a fine and imprisonment. (Ord. 2016-1, 4-19-2016)