HomeMy WebLinkAboutOrdinance No. 20142ORDINANCE NO. 20142
AN ORDINANCE CONCERNING INTERESTS IN CONTRACTS, AND
AMENDING SECTION 2.016 OF THE EUGENE CODE,1971.
THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS:
Section 1. Section 2.016 of the Eugene Code, 1971, is amended by adding a new
Subsection ~4} thereto, to provide:
2.016 Cit Council ~ lnterest in Contract.
~ 1 } As used in this section:
~a} "direct interest" includes a partnership interest, ownership interest in
a closed corporation, ownership of more than 5% of the stock in a publicly held
corporation, or an interest that yields an immediate return. from the contract to the
councilor;
fib} "pecuniary interest" means one that yields a tangible monetary return
to the councilor;
tc} "personal interest" means a councilor's individual interest;
~d} "present interest" means one existing during the councilor's tenure in
office.
~2} Councilors may not be pecuniarily interested in any contract the expenses of
which are to be paid or the proceeds thereof received by the city.
~3} A councilor is pecuniarily interested in a contract with the city if the councilor
contracts with the city and the contract is one in which the councilor has a direct, present, personal,
pecuniary interest, or if a business or contracting organization in which the councilor has a direct,
present, personal pecuniary interest contracts with the city.
~4} This section applies only to contracts made or amended during a councilor's
term of off ce. Nothing in this section, however, shall preclude an amendment during a councilor's
term of off ce which does not involve any increase in price.
Section 2, The City Recorder, at the request of, or with the concurrence of the City Attorney,
is authorized to administratively correct any reference errors contained herein or in other provisions
of the Eugene Code,1971, to the provisions added, amended or repealed herein.
Passed by the City Council this
9th ay of December, 1998
_v
City Record r
Approved by the Mayor this
day of December 1995
Mayan
ordinance