No member of the city council shall hold any other employment
or office under any city government while that member is a member
of any city council or appointed board or commission thereunder, unless
herein otherwise provided. No member of the city council or any member
of any board or commission appointed by the city council, or any other
officer of the corporation, shall be directly or indirectly interested
in any work, business or contract, the expense, price or consideration
of which is paid from the city treasury, or by an assessment levied
by an ordinance or resolution of the city council, except as expressly
authorized by law. No member of the city council or any other officer
of the corporation may be the surety of any person having a contract,
work or business with the city for the performance of which security
may be required, nor be the surety on the official bond of any city
officer.
(1986 Code, ch. 1, sec. 15(A); 1993
Code, sec. 1.501)
The city may purchase equipment or supplies from a cooperative
association to which one or more members of its governing body or
of an appointed board or commission thereunder belongs if no member
of the governing body, board or commission will receive a pecuniary
benefit from the purchase except as is reflected in an increase in
dividends distributed generally to members of the cooperative association.
(1986 Code, ch. 1, sec. 15(B); 1993
Code, sec. 1.502)
