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Conflicts of Interest
Town Officials who are subject to this Ordinance shall not:
A. Participate on behalf of the Town in any matter which would have a direct
financial impact on them, their spouse or dependent child, or a business entity with which they are
affiliated.
B. Hold or acquire an interest of either $10,000 of 10% or greater in a
business entity that has or is negotiating a contract of $1,000 with the Town or is regulated by
their agency.
C. Be employed by a business entity that has or is negotiating a contract of
more than $1,000 with the Town or is regulated by their agency.
D. Represent any party, for a contingent fee, before any Town body.
E. Within one (1) year following termination of Town service, act as a
compensated representative of another in connection with any specific matter in which he/she
participated substantially as a Town official.
F. Solicit any gifts or accept gifts from any person that has or is
negotiating a contract with the Town or is regulated by their agency, except where such gifts would
not present a conflict of interest as determined by the Commission. Gift shall be defined to
include the transfer of anything or service of value without identifiable and adequate
consideration.
G. Use the prestige of their office for their own benefit or that of another.
H. Use confidential information acquired in
their official Town position for their own benefit or that of another.
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