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HomeMy WebLinkAboutRESO 5262• ORIGINAL RESOLUTION NO. 5262 :RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO APPROVING A CONFLICT OF INTEREST CODE FOR THE CITY COUNCIL The Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. Adoption of Conflict of Interest Code. In com- pliance witli Section 87Joo of the Government COde, the Council hereby adopts this Conflict of Interest Code. SECTION 2. Aiflication of Code. This Conflict of Interest Code s~all be applicable to meiilbers cf the City Council. SECTION 3. Disclosure. Members of the City Council are required, pursuant to GOvernment Code Section 87200, to disclose investments, interests in real property and income. No other or no additional disclosure requirements are imposed by this Conflict of Interest Code. SECTION 4. Circumstances RequirinI Disqualification. Any member of the City Council, whether act ng as a Council member or as governing board member or commissioner of any city agency, must disqualify himself or herself from making or participating in the making of any decisions which will foreseeably have a material financial effect, distinguishable from its effect on the public generally, on any financial interest, as defined in Government Code Section 87103. No member shall be prevented from making or participating in the making of any decision to the extent his or her participation is legally required for the decision to be made. SECTION s. The Ci~y Clerk is directed to forward a certi- fied copy ol this resol~tion to the Fair Political Practices Commission. INTRODUCED AND PASSED: October 4, 1976 AYES : Beahra t Berwald, Carey, CoutockJ Eyerly, Norton, Sher, Witherspoon NOES: Hone ABSENT: ciay ABSTAINED: No'ne ATTEST: ~;ttA.z::~ City Cle .Ml PROVED AS TO FOR.14: -~ City Attorney APPROVED: ~;:pt:: - APPROVED: ~&!Jt,£_