For the purpose of this chapter, the following definitions shall be applicable, unless the context clearly indicates to the contrary:
CLOSE RELATIVEA person's parents, spouse, children (natural or adopted) and siblings of the whole and half blood.
COMPENSATIONAny money, thing of value or any other economic benefit of any kind or nature whatsoever conferred on or received by any official or employee of the Town in return for any service rendered or to be rendered by the official or employee or by another.
EMPLOYEEIncludes all employees of the Town of Delmar.
FINANCIAL INTERESTAn interest in a private enterprise which a person has if:
A. He has a legal or equitable ownership interest in the enterprise of at least 1% traded on an established securities market or he has a legal or equitable ownership interest in an enterprise other than that of a corporation whose stock is not regularly traded on an established securities market of at least 10%;
B. He is an employee, officer, partner, director, manager or trustee of an enterprise and receives from that enterprise, during the immediate preceding calendar year, or might reasonably expect to receive from the enterprise, during the current or next calendar year, income in excess of $5,000 for services as a manager, employee, agent, partner, member, director or officer of such private enterprise; or
C. He is a creditor of a private enterprise in an amount equal to at least 1% of the total debt in the case of a corporation whose securities are regularly traded on an established securities market or of at least 10% of the total debt of an enterprise whose securities are not regularly traded on an established securities market.
MATTERAny application, petition, request, business dealing, contract, subcontract, or any other transaction of any sort with the Town of Delmar.
OFFICIALAny elected or appointed official or officers of the Town of Delmar and all members of any committee or commission appointed by the Mayor of the Town of Delmar or appointed by the Town Council.
OFFICIAL RESPONSIBILITYAny direct administrative or operating authority at any level, either exercisable alone or with others, either personally or through subordinates, to approve, disapprove, recommend or otherwise direct action on behalf of the Town of Delmar.
PERSONAny individual, natural person, joint-stock company, partnership, voluntary association, society, club, firm, company, corporation, business trust, organization or any other group acting as a unit, or the manager, lessee, agent, servant, partner, member, director, officer or employee of any of them.
PERSONAL OR PRIVATE INTERESTAn interest in a matter which intends to impair the independent judgment of an official or employee in the performance of his duties with respect to that matter.
PRIVATE ENTERPRISEAny activity conducted by any person, whether conducted for profit or not for profit, and includes the ownership of real and personal property. Private enterprise may include the activities of the state or any other political subdivision of the state or any agency, authority or instrumentality thereof.