As used in this chapter, the following terms shall have the meanings
indicated:
INTEREST
A direct or indirect pecuniary or material benefit accruing to a
municipal officer or employee as the result of a contract with the municipality
which such officer or employee serves. For the purposes of this
chapter, a municipal officer or employee shall be deemed to have an interest
in the contract of:
A. His or her spouse, minor children and dependents, except
a contract of employment with the municipality which such officer or employee
serves.
B. A firm, partnership or association of which such officer
or employee is a member or employee.
C. A corporation of which such officer or employee is an
officer, director or employee.
D. A corporation, any stock of which is owned or controlled
directly or indirectly by such officer or employee.
TOWN
Any board, commission, district, council or other agency, department
or unit of the government of the Town of Niagara.
TOWN EMPLOYEE
Any officer or employee of the Town of Niagara, whether paid or unpaid,
whether serving in a full-time, part-time or advisory capacity.
No town employee shall have any interest, financial or otherwise, direct
or indirect, or engage in any business or transaction or professional activity
or incur any obligation of any nature which is in substantial conflict with
the proper discharge of his or her duties in the public interest.
Any such town employee who shall knowingly and intentionally violate
any of the provisions of this chapter may be subject to penalties in the manner
provided by law.