Ordinance 1016-84 - Laserfiche WebLink

B. A corporate official or employee may perform official . duties and participate- in corporate affairs or activities when: 1 . The proposed action or activities of the puk. ic corporation would not affect him or her in a manner different in kind from that of the public or community generally, or when the corporate official is a member of a substantial class of persons included in a service or assistance program and would not be affected in a manner different in kind from other members of the class ; or 2 . The charter or rules or regulations repose responsibility with the Board of Directors for an action that affects all Board of Directors members in their official capacity alike; or 3 . After disclosure of his or her personal interest, the Board of Directors finds, by majority recorded vote following discussion in open meeting during which public comment is permitted, that the official ' s participation would further the public interest notwithstanding the personal interest disclosed. C. In all other instances , any corporate official who may have a direct or indirect financial interest in any matter coming before the Board of Directors , shall disclose to the Board of Directors the nature and extent of such interest, and refrain from voting, participating in Board of Directors deliberations as an official , or attempting to influence any other corpora.- official on the matter. Section .560 Penalty for violation. Violation of any provisions of Section . 550 constitutes an infraction for which a monetary fine, not to exceed Five Hundred. Dollars ($500 . 00) , may be assessed by a court of compete=s -_ jurisdiction. Violation may be proven by a preponderance of evidence and need not be proven beyond a reasonable doubt. MAYOR ATTEST: (:)-42-0-7C,%/71f.-r) CITY CLERK Passed: Y-J/ Validated: Published: - 5 - C47 - 28 -