§ 2.05.060. Disclosure of conflict of interest.

(a)

Members who have any personal or property interest, or any other kind of interest which may conflict or interfere with, influence or be perceived by the public as influencing the member's conduct shall prior to acting or voting disclose the nature of the conflict.

(b)

The remaining members of the Council or board shall establish by a majority vote whether the interest does in fact constitute a conflict of interest. In deciding whether there is a conflict of interest, it shall consider, among other criteria, the following:

(1)

Whether the conflict of interest impedes independence of judgment;

(2)

The effect of the member's participation on the public confidence in the integrity of the governing body;

(3)

Whether the member's participation is likely to have any significant effect on the ultimate disposition of the matter; and

(4)

The member's fiduciary obligations to the Town.

(c)

If the majority concludes that there is no conflict, then the member may perform the official act involved. However, the member shall state for the record the nature of the interest at the time of performing the act. Such disclosure shall constitute an affirmative defense to a violation of this Chapter.

(Ord. 1.61 §1, 1994)