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<br />(r) No officer shall acquire or seek to acquire any real <br />estate or interest therein if the officer knows, or reasonably <br />should know, that the Council is evaluating, proposing, or <br />pursuing the acquisition of such real estate or interest therein. <br />The officer's knowledge shall be presumed if the minutes or other <br />record of any Council meeting or study session reflect any <br />discussion of the same, or if the officer was present at any <br />executive session at which the same was discussed. The <br />prohibitions of this subsection shall continue to apply until <br />after the Council has abandoned any effort to acquire such real <br />estate or interest therein, and such abandonment has been <br />reflected in the minutes or other record of a Council meeting. <br /> <br />Section 5-10. Code of Ethics Disclosure of Interest; Non- <br />Participation in Discussion or Action. <br /> <br />(a) The procedures of this section shall be followed by: <br /> <br />(1) Each officer who has an interest in, or whose <br />interest would be affected by, any proposed official action before <br />the City Council; and <br /> <br />(2) Each public body member who has an interest in, or <br />whose interest would be affected by, any proposed official action <br />before the public body of which the person is a member. <br /> <br />(b) Each officer or public body member, when required to <br />follow this section, shall: <br /> <br />(1) Immediately and publicly disclose the nature and <br />extent of the interest; <br /> <br />(2) Not participate in any discussion or decision <br />concerning the proposed action; and <br /> <br />(3) Leave the room where the discussion or decision is <br />taking place during the time the proposed action is being <br />discussed and the decision is being made. <br /> <br />(c) With respect to any official action in which an officer, <br />public body member, or employee has an interest, the officer, <br />public body member, or employee shall not: <br /> <br />(1) Participate in any discussion with the City <br />Council, any public body, or any other employee, concerning such <br />an action to be taken by the City Council, the public body, or the <br />other employee; or <br /> <br />City <br /> <br />(2 ) <br />Council, <br /> <br />influence publicly or privately, <br />body, or any other employee, <br /> <br />the <br />in <br /> <br />At tempt to <br />any public <br /> <br />23 <br /> <br />