[Ord. No. 819, 8-7-2003]
A. 
Any elected or appointed officer, employee or member of any committee, authority, board or commission of the City of Lake Tapawingo, Missouri, who has any direct or indirect substantial financial interest (as defined by the Conflict of Interest Statutes of the State of Missouri):
1. 
In any party transacting business with the City of Lake Tapawingo;
2. 
In the subject matter of any City transaction, shall make known that interest and shall refrain from voting upon or otherwise participating in his or her capacity as a City officer, employee or member of such transaction.
B. 
Any City Officer, employee or member who willfully conceals such a substantial financial interest or willfully violates the requirements of this Section shall be guilty of malfeasance in office or position and shall forfeit the office or position. Violation of this Section with the express or implied knowledge of the party transacting business with the City shall render the transaction voidable by the City of Lake Tapawingo, Missouri.