A. 
It is the purpose and intent of this chapter to:
(1) 
Establish high ethical standards for the guidance of office holders, employees and representatives of the City.
(2) 
Assist such officials and employees to follow proper courses of conduct and action and contemplated actions by setting forth standards of conduct reasonably expected of them.
(3) 
Assure, inspire and increase public confidence in the integrity of the office holders and employees of the City.
(4) 
Inspire in public officials and employees the worth and value of ethical public service and to protect innocent officials and employees from unwarranted accusations or assaults on their integrity.
(5) 
Implement, supplement and comply with Article 18 of the General Municipal Law.
(6) 
Supersede prior City Codes of Ethics.
B. 
This chapter should be liberally construed to effectuate its objectives and purposes.
A. 
Whenever the following terms shall be employed, they shall mean the following:
CITY
The City of Gloversville and all of its governmental and administrative departments, boards, commissions or agencies and the interests therein of the citizens and residents of the City.
CONFLICT OF INTEREST
Any beneficial personal interest an official or employee may have in any matter or transaction which may result in an unnecessary expense or loss to the City or may be adverse to or detrimental to and not in the best interests of the City.
INTEREST
Any direct or indirect pecuniary or material benefit accruing to an official or employee personally as the result of any agreement, contract, business, commercial or professional transaction or activity in which the City is a party or which involves the City. An "interest" will be implied and an official or employee shall be deemed to have an "interest" in the affairs of:
(1) 
His or her spouse, unemancipated children, other member of his or her household or any other relatives or persons whereby it can be reasonably inferred or determined that a conflict of interest does or may exist.
(2) 
A partnership, company, firm or association in which an official or employee is a member or has an interest.
(3) 
A corporation in which an official or employee is an officer, director or employee or has an ownership interest of 5% or more of the corporation's stock.
OFFICIALS and EMPLOYEES
Office holders, employees, consultants, advisors and representatives of the City, elected or appointed, whether paid or unpaid, who hold positions provided for by the City Charter or who may be members of one or more boards, commissions, committees, agencies or the like which now serve or may hereafter be in the service of the City.
B. 
Incorporated herein by reference are all other definitions set forth in §§ 800 and 810 of Article 18 of the General Municipal Law; and all section numbers hereinafter set forth shall refer to the section numbers of said Article 18.