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.