2.30.090 Financial interest.
A holder of a designated position has a financial interest in a decision within the meaning of Section 2.30.060 if it is reasonably foreseeable that the decision will have a material financial effect, distinguishable from its effect on the public generally, on the designated position holder or a member of his or her immediate family or on:
A. Any business entity in which the holder of a designated position has a direct or indirect investment worth two thousand dollars or more;
B. Any real property in which the holder of a designated position has a direct or indirect interest worth two thousand dollars or more;
C. Any source of income, other than gifts and other than loans by a commercial lending institution in the regular course of business on terms available to the public without regard to a designated position holder status, aggregating five hundred dollars or more in value provided to, and received by or promised to the designated position holder within twelve months prior to the time when the decision is made;
D. Any business entity in which the designated position holder is a director, officer, partner, trustee, employee or holds any position of management; and
E. Any donor of, or any intermediary or agent for a donor of, a gift or gifts aggregating three hundred seventy dollars or more in value provided to, received by, or promised to the designated position holder within twelve months prior to the time when the decision is made.
For purposes of this section, indirect investment or interest means any investment or interest owned by the spouse or dependent child of a designated position holder, by an agent on behalf of a designated position holder, or by a business entity or trust in which the position holder, the position holder’s agents, spouse and dependent children owned directly, indirectly or beneficially a ten percent interest or greater. (Ord. 525 §1 (Exh. A), 2006; Ord. 456 Exh. A, 2001; Ord. 439 §2, 1999).