Ordinance 1987-924 - Laserfiche WebLink

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'" ORDINANCE NO. 924 AN ORDINANCE AMENDING CHAPTER 2.80 OF THE LOUISVILLE MUNICIPAL CODE ENTITLED ETHICS CODE WHEREAS, the City of Louisville adopted a code of ethics in 1980; and, WHEREAS, the City Council of the City of Louisville believes such code should be updated and reviewed in relation to its operation and use over the last six years; and, WHEREAS, the City Council believes the following amendments to the ethics code maintain the spirit and intent of said code and make said code easier to administer and enforce. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE COLORADO: Section l. Sections 2.80.020(B), 2.80.020(C) and 2.80.020(D) are hereby amended to read as follows: 2.80.020 - DEFINITIONS B. "Contract" means any express or implied agreement containing the elements required under the law for a contract and which creates, modifies, or destroys a particular relationship with the City, including the designation of a depository for public funds. C. "Relative" means any person related to a public officer or employee by blood or marriage, in any of the following degrees: parents, spouse, children, brothers and sisters, parents-in-law, nephews, nieces, aunts, uncles, first cousins, grandparents, grandchildren, and children- in-law. A divorce or separation between spouses shall not be deemed to terminate relationships described herein. D. "Interest" means a pecuniary or valuable benefit which accrues to a public officer or employee, individually, as a result of a contract or transaction which is, or may be, th e subject of an official act or action by or with the City. Interest does not include contracts or transactions which by their terms and by their provisions confer the opportunity and right to realize the benefits to all other persons and/or property similarly situated. ( 1 ) For the purposes of this Chapter. a public officer shall be deemed to have an interest in the affairs of: