For the purpose of this chapter, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
"BUSINESS ENTITY." Any business, sole proprietorship, firm, partnership, person in representative or fiduciary capacity, association, joint venture, trust, corporation or other legal entity which is organized for financial gain or profit.
"CANDIDATE." Any person who has filed the requisite legal documents with the Village Clerk of the Village of Tinley Park for placement of his or her name on the election ballot pursuant to the Illinois Election Code for election to the office of Village President, Village Clerk or Village Trustee.
"CONFIDENTIAL INFORMATION." Any information that is exempt from disclosure pursuant to the "Illinois Freedom of Information Act," as amended from time to time.
“CONTRACT MANAGEMENT AUTHORITY.” Personal involvement in or direct supervisory responsibility for the formulation or execution of a village contract, including, without limitations, the preparation of specifications, evaluation of bids or proposals, negotiation of contract terms or supervision of performance.
"EMPLOYEE." Any individual employed by the village, either full-time or part-time, and earning compensation from the village because of said employment (but not including any village official as defined herein).
“FINANCIAL INTEREST.” An interest held by an official or employee that is valued or capable of valuation in monetary terms with a current value of more than $1,000, provided that such interest shall not include: a) the authorized compensation paid to an official or employee for any office or employment; b) a time or demand deposit in a financial institution; or c) an endowment or insurance policy or annuity contract purchased from an insurance company; or d) any ownership through purchase at fair market value or inheritance of the shares of a mutual fund corporation, regardless of the value of or dividends on such shares, if such shares are registered on a securities exchange pursuant to the Securities Exchange Act of 1934, as amended; or e) any ownership through purchase at fair market value or inheritance of not more than $15,000 worth of the shares of a corporation, or any corporate subsidiary, parent or affiliate thereof, regardless of the dividends on such shares, if such shares are registered on a securities exchange pursuant to the Securities Exchange Act of 1934, as amended. Such interest also shall not include any ownership by a current official or employee through purchase at fair market value or inheritance of less than 1% of the shares of a corporation, or any corporate subsidiary, parent or affiliate thereof, regardless of the value or dividends on such shares, if such shares are registered on a securities exchange pursuant to the Securities Exchange Act of 1934, as amended, and if such ownership existed before November 1, 2012.
"GIFT." Anything given without consideration or expectation of return.
"VILLAGE OFFICIAL." Any elected or appointed member of the Village Board, including the Village President and Village Clerk, any officials appointed to any Village Commission, the Police Pension Board and Zoning Board of Appeals, and the following persons employed by the Village of Tinley Park: Village Manager, Assistant Village Manager, Chief of Police, Director of Public Works, Treasurer, Fire Marshal, Fire Services Administrator, Fire Prevention Administrator, Building Commissioner, ESDA Director, Director of Planning, Zoning Administrator and Economic Development Coordinator.
(Ord. 96-0-009, passed 2-20-96; Am. Ord. 2017-O-010, passed 2-21-17)