Any officer or any employee of the Town who has a financial interest,
direct or indirect, in any contract, transaction, or decision of any
agency to which the Town is a party, shall disclose the interest to
the Town Council who shall record such disclosure upon the official
record of their meetings. Violation by any such officer of this provision
with the knowledge, express or implied, of any person or corporation
participating in such contract, transaction, or decision, shall render
the same voidable by the Town Council or a court of competent jurisdiction.