[Adopted 10-3-2011 by Ord. No. 18-2011]
For the purposes of this article, the following definitions
shall apply:
BUSINESS ENTITY
A.
An individual, including the individual's spouse and any
child/children;
B.
A firm; a corporation; professional corporation; partnership;
limited liability company; organization; association; and any other
manner and kind of business entity;
C.
Any person who owns 10% or more of the equity of ownership or income interests in a person or entity as defined in Subsections
A and
B above and their spouses and child/children;
D.
All partners or officers of such an entity, in the aggregate,
and their spouses and child/children;
E.
Any person, subcontractor, subsidiary, corporation, firm partnership, limited liability company, organization or association who has received or indefeasibly acquired the right to receive, from a person described in Subsection
A above, more than $100,000 in compensation or income of any kind (including, by way or illustration, and not limitation: wages, salaries, sums paid to independent contractors, benefits, dividends, profit-sharing, pension contributions, deferred contributions, stock, stock options or gifts) in any twelve-month period prior to the award of, or during the term of, a contract subject to this article; and
F.
All persons who are an "affiliate" of a business entity as defined in Subsections
A,
B and
D above, as such term is used in 11 U.S.C. 101(2).
CAMPAIGN COMMITTEE
Every candidate for Readington Township elective municipal
office; every candidate committee established by or for the benefit
of a candidate for the Township of Readington elective municipal office;
every joint candidate committee established in whole or in part by
or for the benefit of a candidate for Readington Township elective
municipal office; every political party committee of the Township
of Readington; every political party committee of the County of Hunterdon;
and every political committee, continuing political committee, or
other form of association or organization that regularly engages in
the support of candidates for the Township of Readington municipal
or County of Hunterdon elective offices or Readington Township municipal
or Hunterdon County political parties or political party committees.
The terms in the foregoing paragraph have the meaning prescribed in
N.J.A.C. 19:25-1.7.
CONTRIBUTION
Has the meaning prescribed in N.J.A.C. 19:25-1.7. By way
of illustration, and not limitation, this definition includes pledges,
loans and in-kind contributions.
No contract subject to this article may be renewed, extended
or materially modified unless the resulting renewal, extension, or
modification would be allowable under the provisions of this article
if it were an initial contract.
A business entity that is a party to a contract for professional services or extraordinary unspecified services may a cure violation of §
11-2 of this article, if, within 30 days after the date on which the applicable ELEC report is published, said business entity notifies the municipality in writing and seeks and received reimbursement of the contribution from the recipient of such contribution.
The contribution limitations prior to entering into a contract in §
11-2(a) do not apply to contracts which are awarded to the lowest responsible bidder after public advertising for bids and bidding therefor within the meaning of N.J.S.A. 40A:11-4, or are awarded in the case of emergency under N.J.S.A. 40A:11-6. There is no exemption for contracts awarded pursuant to a fair and open process under N.J.S.A. 19:44A-20 et seq.