As used in this article, the following terms shall have the
meanings indicated:
INTEREST
A direct or indirect pecuniary or material benefit accruing
to a Town officer or employee as the result of a contract with the
Town. For the purposes of this chapter, a Town officer or employee
shall be deemed to have an interest in the contract of:
[Added 12-8-2020 by L.L.
No. 2-2020]
A.
The employee's spouse, minor children and dependents, except
a contract of employment with the Town;
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; and
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 LaFayette.
TOWN EMPLOYEE
Any officer or employee of the Town of LaFayette, whether
paid or unpaid, whether serving in a full-time, part-time or advisory
capacity, including members of any administrative board, commission
or other agency thereof.
[Amended 12-8-2020 by L.L. No. 2-2020]
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.
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 in the manner provided by law.