City Council Minutes 2012 01 30 SP

Home Browse Search

City Council Special Meeting Minutes January 30, 2012 Page 3 of 8 • Those in positions of public responsibility should be committed to high levels of ethical and moral conduct. • Promote people's faith their government is acting for the good of the public. • Promote a harmonious and trusting relationship between the City government and the people it serves. • Strive to avoid situations that may create public perceptions of violations of the Code of Ethics. Perceptions of such violations can have the same negative impacts on public trust as actual violations. • Promote honest government. • Prohibit use of public office for private gain. • Encourage quality individuals to serve in public office by not placing undue limitations on their ability to earn a living and pursue other interests. LOUISVILLE CODE OF ETHICS VS. COLORADO STATE STATUTES The intent of the Louisville Code of Ethics is the more restrictive provisions control. In some instances where the Louisville Code of Ethics and the Colorado Revised Statutes (C.R.S.) address a particular issue, both may need to be considered to determine the more restrictive. In other instances, if the conduct is not addressed in the Code of Ethics, but addressed in C.R.S., then the provisions of C.R.S. will apply. SECTION 5-7 OF THE LOUISVILLE CODE OF ETHICS — DEFINITIONS 1. "Interest" (as in conflict of interest) means a pecuniary, property, or commercial benefit, or any other benefit the primary significance of which is economic gain or the avoidance of economic loss. 2. Interest of the following persons and entities shall be deemed to constitute an interest of the officer, public body member or employee: • Relatives • Business in which the official/employee is an officer, director, employee, partner, principal, member or owner (other than stockholder). • Business in which the official/employee controls more than 1% of the outstanding shares. • Any business entity in which the public body member/employee is an officer, director, employee, partner, principal member or owner (other than stockholder) where the business entity is seeking to advance financial benefit through an official action of the City, if the officer would be directly or indirectly involved in making the decision.