§ 46-73. Financial/conflict disclosure.

(a)

All city councilmembers, the city manager, city treasurer, city finance officer, and all city department heads, shall file an annual disclosure statement with the city clerk on or before April 15 of each year. The statement shall disclose and detail any interest of the filer in any company, business, trust or entity of any kind doing business with the city for the past year and state the type of interest, cost, income and benefits received and present value. The statement shall also include any interest of the filers immediate family in any such company, business, trust or entity. The disclosure statement shall be a public document.

(b)

Disclosure need not be made of benefits received from any entity when an ownership interest is the only connection, and:

(1)

The company has stock traded on a national exchange and the filer owns $25,000.00 or less of stock of the entity; or

(2)

The stockholder owns one percent or less of the total stock by value; whichever is greater.

(c)

Disclosure need not be made of wages or salary received from a public community college, junior college or state college or university.

(Ord. No. 818, § 18, 5-22-1995)