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<br />Code of Ethics. Perceptions of such violations can have the same <br />negative impacts on public trust as actual violations. <br /> <br />(d) The Code of Ethics is intended to foster public trust by <br />defining the parameters of honest government and by prohibiting <br />the use of public office for private gain. <br /> <br />(e) <br />are also <br />the Code <br />control. <br /> <br />To the extent matters addressed in the Code of Ethics <br />addressed in state or federal law, it is the intent of <br />of Ethics that the more restrictive provisions shall <br /> <br />Section 5-7. Code of Ethics - Definitions. <br /> <br />For purposes of the Code of Ethics only, the following words shall <br />have the following meanings: <br /> <br />(a) "Business entity" means: <br /> <br />(1) Any corporation whether for profit or nonprofit, <br />governmental entity, business, trust, limited liability company, <br />partnership, association, or other legal entitYi and <br /> <br />(2) Any other form of business, sole proprietorship, <br />firm, or venture, carried on for profit. <br /> <br />(b) "Contract" means any arrangement or agreement pursuant <br />to which any material, service, or other thing of value is to be <br />furnished for a valuable consideration or is to be sold or <br />transferred. <br /> <br />(c) "Domestic partnership" means an exclusive committed <br />relationship between two (2) unmarried adult persons who are <br />unrelated by blood, maintain a mutual residence, and share basic <br />living expenses. <br /> <br />(d) <br />benefit, <br />economic <br />include: <br /> <br />"Interest" means a pecuniary, property, or commercial <br />or any other benefit the primary significance of which is <br />gain or the avoidance of economic loss, but does not <br /> <br />(1) Any matter in which a similar benefit is conferred <br />to all persons or property similarly situated nor does it include <br />the ownership or control of shares of stocki or <br /> <br />(2) Any beneficial interest in shares of stock, the <br />aggregate amount of which constitutes one (1) percent or less of <br />the shares of stock of the business entity then outstanding. <br /> <br />(e) "Official action" means any legislative, administrative, <br />or quasi-judicial act of any officer, public body member, or <br /> <br />18 <br /> <br />~ <br />o <br />! <br />