A. No officer, employee or appointee of the Village shall be directly or indirectly financially interested in any contract work or business of the Village, or in the sale of any article, if the expense, price or consideration of such work, business or sale is paid from the Village treasury, or by any assessment levied by any act or ordinance of the Village. No officer, appointee or employee of the Village shall be directly or indirectly interested in the purchase of any real estate or other property by the Village.
B. No officer, appointee or department head shall do any business of any kind or nature with the Village except for the performance of those duties specified for the particular office holder by statute, ordinance or other regulation or order. This shall not prevent an entity in which one of those officials has an ownership interest from doing business with the Village so long as the conflicting ownership interest is one percent (1%) or less or the affected official complies with the disclosure requirements of Section 2.41.080 of this Chapter.
(MC-7-2009, Added, 01/05/2010)