Any member of the city council, whether acting as a councilmember or as governing board member or commissioner of any city agency, must disqualify himself or herself from making or participating in the making of any decisions which will foreseeably have a material financial effect, distinguishable from its effect on the public generally, on any economic interest, as defined in Government Code Section
87103. No member shall be prevented from making or participating in the making of any decision to the extent his or her participation is legally required for the decision to be made.
(Res. 76-104 § 4, 1976)