(A) Should any officer or employee of the City desire, or intend, to have business dealings with the City whereby the officer or employee may derive income and benefits other than those provided as remuneration for their official duties, or employment, the officer or employee shall file with the City Clerk, and in such form as the City Clerk may prescribe, a statement which shall include the nature of the proposed transaction and the extent of the interest which the officer or employee has in the transaction. This statement shall be made under oath.
(B) The City Clerk shall publish a copy of the statement of the intent to do business with the City in a newspaper of general circulation within the city. Publication shall be made at least once within seven (7) days after the statement is filed with the City Clerk, or as soon thereafter as possible considering the frequency of the newspaper publication. In addition, the City Clerk shall post a copy of the statement in at least one (1) public place in the city. The cost of the newspaper publications shall be borne by the officer or employee who intends to enter into a business transaction with the City; provided that any member of a commission or committee who serves in that capacity without compensation shall have the cost of the publication paid by the City. The City Clerk may require of any officer or employee, who is obligated to pay the cost of publication a deposit to cover such costs.
(C) The City Council, or other agency or official with authority to act for the City in the transaction shall take no action with regard thereto until at least ten (10) days after filing of the statement with the City Clerk and until at least seven (7) days after the publishing and posting of the statement.
(D) Claims arising in tort or under applicable worker's compensation statutes shall not, for the purpose of this section, be construed as business dealings with the City.
(Am. Ord. 2004-04, passed 3-9-04)