(A) Conflict of interest. It shall be a violation of the provisions of the charter of the city and this chapter for any public official, employee or member of a board or commission to participate directly or indirectly in the city procurement, set forth in Chapter 38 of the code, when the public official, employee or member of a board or commission knows that:
(1) The public official, employee or member of a board or commission or any member of the public official's, employee's or member of a board or commission's immediate family has a financial interest pertaining to the procurement;
(2) A business in which the public official, employee or member of a board or commission, or any member of the public official's, employee's or member of a board or commission's immediate family, has a financial interest pertaining to the procurement; or
(3) Any other person or business with whom the public official, employee or member of a board or commission or any member of the public official's, employee's or member of a board or commission's immediate family is negotiating or has an arrangement concerning prospective employment is involved in the procurement.
(B) Financial interest in a blind trust. Where a public official, employee or member of a board or commission or any member of the public official's, employee's or member of a board or commission's immediate family holds a financial interest in a blind trust, the public official, employee or member of a board or commission shall not be deemed to have a conflict of interest with regard to matters pertaining to that financial interest, provided that disclosure of the existence of the blind trust has been made to the Board of Ethics.
(C) Discovery of actual or potential conflict of interest, disqualification and waiver. Upon discovery of an actual or potential conflict of interest, a public official, employee or member of a board or commission shall promptly file a written statement of disqualification and shall withdraw from further participation in the transaction involved. The public official, employee or member of a board or commission may, at the same time, apply to the Board of Ethics for an advisory opinion as to what further participation, if any, he may have in the transaction.
(Ord. passed 8-11-2003)