No Village employee or official shall receive or offer to receive,
either directly or indirectly, any gift, gratuity or other thing of
value which he is not authorized to receive from any person who:
A. Has or is seeking to obtain contractual or other business or financial
relationships with the Village or Village Board;
B. Conducts operations or activities which are regulated by the Village
or Village Board; or
C. Has interest which may be substantially affected by the Village or
Village Board.
[Amended at time of adoption of Code (see Ch. 1, General
Provisions, Art. II)]
Violation of this chapter shall be subject to a forfeiture of
not less than $100 nor more than $1,000.