[Adopted 1-22-1988 by Ord. No. 328]
As used in this article, the following terms shall have the meanings
indicated:
Any person employed by the Town of Wallingford in its Planning and
Zoning Commission, Zoning Board of Appeals or Building Department.
Any commonly recognized legal entity for the conduct of business,
including but not limited to a sole proprietorship, a partnership, a corporation
and a trust.
Any interest, direct or indirect, which is of financial or personal
value to the Town Official or employee and which is not common to the interest
of other citizens of the town.
Any financial outlay, including barter, whether presently made or
promised at some future time, whether made singly, in joint venture or partnership
and whether through an agent or trustee, which is made with the hope or expectation
of financial gain or profit, and shall include any expectation of financial
gain in liability for federal income taxes.
Any person appointed or elected to the Planning and Zoning Commission,
Zoning Board of Appeals or Building Department of the Town of Wallingford.
Land buildings.
The purchase, sale, lease, management, development, construction,
repair or remodeling of land or buildings.
A.Â
No official or employee shall be a principal, agent or
employee of any firm engaged in real estate transactions in the Town of Wallingford
or of any firm so engaged which has a place of business in the Town of Wallingford.
B.Â
No official or employee shall have any interest in any
firm which is engaged in real estate transactions in the Town of Wallingford
or in any such firm which has a place of business in the Town of Wallingford.
C.Â
Firms engaged in real estate transactions which will
serve as the firm's place of business are excluded from this section.
D.Â
Any official or employee who is in violation of this
section on the effective date of this article shall be exempt from its provisions
during the current term of his or her office or employment, but he or she
shall disclose such violation, in writing, to the agency of which he or she
is an official or employee, to the Board of Ethics and to the Town Council
within 30 days of said effective date, and shall disqualify himself or herself
from acting on any matter involving the firm in which he or she has an interest.
A.Â
Any official or employee who makes any investment in
real estate or engages in any real estate transaction situated in the Town
of Wallingford shall disclose such investment or transaction, in writing,
to the agency of which he or she is an official or employee, to the Board
of Ethics and to the Town Council.
B.Â
Any official or employee who makes any investment or
engages in any real estate transaction with or through any firm whose place
of business is in the Town of Wallingford shall disclose such investment or
transaction, in writing, to the agency of which he or she is an official or
employee, to the Board of Ethics and to the Town Council.
C.Â
Any official or employee who makes such an investment
or engages in any such transaction shall disqualify himself or herself from
taking any such action in his or her official capacity involving such investment
or transaction.
D.Â
Real estate transactions by any official or employee
which will be used as his or her private residence or place of business are
exempt from this section.
E.Â
The disclosures required by this section shall be made
within 30 days of the effective date of this article and within 30 days of
any such investment or transaction made or engaged in after the effective
date of this article.
A.Â
No official or employee shall make an initial application
for a Connecticut license as a real estate salesman or real estate broker
during the term of his or her office or employment.
B.Â
Any official or employee holding a Connecticut license
as a real estate salesman or real estate broker at the time of his or her
appointment, election or employment shall place such license in escrow with
the Real Estate Commission of the State of Connecticut prior to the effective
date of his or her appointment, election or employment.
C.Â
Any official or employee holding a Connecticut license
as a real estate salesman or real estate broker on the effective date of this
article shall place such license in escrow with the Real Estate Commission
of the State of Connecticut within 30 days of said effective date.
D.Â
Nothing herein shall prohibit the renewal of any such
license during any such escrow period.
A.Â
Any violation of this article shall be deemed a conflict of interest under the provisions of Chapter 17 of the Charter of the Town of Wallingford, Ethics and Conflict of Interest, and proceedings to discipline the violator shall be in accordance with said Chapter.
B.Â
Willful violations of this article shall subject the
violator to immediate removal proceedings under Chapter 2 of the Charter of
the Town of Wallingford in the case of an elected or appointed official and
immediate termination in the case of an employee.
