As used in this chapter, the following terms shall have the meanings indicated:
INTEREST 
A direct or indirect pecuniary or material benefit accruing to a municipal officer or employee as the result of a contract with the municipality which such officer or employee serves. For the purposes of this chapter, a municipal officer or employee shall be deemed to have an "interest" in the contract of:
[1]
A. 
His spouse, minor children and dependents, except a contract of employment with the municipality which such officer or employee serves.
B. 
A firm, partnership or association of which such officer or employee is a member or employee.
C. 
A corporation of which such officer or employee is an officer, director or employee.
D. 
A corporation, any stock of which is owned or controlled directly or indirectly by such officer or employee.
TOWN
Any board, commission, district, council or other agency, department or unit of the government of the Town of Olive.
TOWN OFFICER OR EMPLOYEE
An officer or employee of the Town of Olive, whether paid or unpaid, including members of any administrative board, commission or other agency thereof. No person shall be deemed to be a municipal officer or employee solely by reason of being a volunteer fireman or civil defense volunteer, except a fire chief or assistant fire chief.
[2]
[1]
Editor's Note: Added at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
[2]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
No town employee shall have any interest, financial or otherwise, direct or indirect, or engage in any business or transaction or professional activity or incur any obligation of any nature, which is in substantial conflict with the proper discharge of his duties in the public interest.
A. 
No town employee shall accept other employment which will impair his independence of judgment in the exercise of his official duties.
B. 
No town employee shall accept employment or engage in any business or professional activity which will require him to disclose confidential information which he has gained by reason of his official position or authority.
C. 
No town employee shall use or attempt to use his official position to secure unwarranted privileges or exemptions for himself or others.
D. 
No town employee shall engage in any transaction as representative or agent of the town with any business entity in which he has a direct or indirect financial interest that might reasonably tend to conflict with the proper discharge of his official duties.
E. 
A town employee shall not by his conduct give reasonable basis for the impression that any person can improperly influence him or unduly enjoy his favor in the performance of his official duties, or that he is affected by the kinship, rank, position or influence of any party or person.
F. 
Each town employee shall abstain from making personal investments in enterprises which he has reason to believe may be directly involved in decisions to be made by him or which will otherwise create substantial conflict between his duty in the public interest and his private interest.
G. 
Each town employee shall endeavor to pursue a course of conduct which will not raise suspicion among the public that he is likely to be engaged in acts that are in violation of his trust.
H. 
No town employee employed on a full-time basis nor any firm or association of which such employee is a member nor corporation a substantial portion of the stock of which is owned or controlled directly or indirectly by such employee, shall sell goods or services to any person, firm, corporation or association which is licensed or whose rates are fixed by the town in which such employee serves or is employed.
I. 
Each town employee shall, to the extent that he is cognizant thereof, disclose any interest he may have in legislation before the Town Board.
J. 
No town employee within two years after the termination of his service or employment with the town shall accept employment which will involve contacts with the town which can work to his special advantage by virtue of his prior contact and relationship with the town.
In addition to any penalty contained in any other provision of law, any such town employee who shall knowingly and intentionally violate any of the provisions of this chapter may be fined, suspended or removed from office or employment the manner provided by law.