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HomeMy WebLinkAboutORD 2776"' -'f ORDINANCE NO. _,. ........;;2;.;.7.:.,7.;;_6_ ·-' O~IGINAL I ORDIN~~CE OF THE COUNCIL OF THE CITY OF PALO ALTO ADDING CHAPTER 2.11 TO THE PALO ALTO MUNICIPAL CODE RElATING TO THE DISCI.OSURE OF FINANCIAL INTERESTS The Council of the City of Palo Alto does ORDAIN as follows: SECTION 1. Chapter 2.11 is hereby added to the Palo Alto Municipal Code, to be designated 11 Discl6sure of Financial InterestS 11 and to read as set forth in Exhibit 11 A" attached hereto and made a part hereof by reference. SECTION 2. The Council of the City of Palo Alto hereby finds that the enactment of this ordinance ~,.,.ill have no significant environmental impact. SECTION 3. 'rhis ordinance shall become effect.ive upon the expiration of thirty days from its passage. INTRODUCED: March 4, 1974 PASSED: March 18, !974 AYES: Beahrs, Berwald, Clay, Comstock, Henderson, Norton Pearson, Rosenbaum, Sher NOES: None ABSENT: None ATTEST: APPROVED: gJtaJ~ Mayor ~·: ~:Y.;., £.c.:) .~_.A_;_ Ass1stant C1ty Attorney APPROVED: ··~J cTtyzftanaer 1 • • Sections -2.11.010 2.11.020 2 .11. 0 30 2.11.040 2 .11. 050 CHAPTER 2.11 DISCLOSURE OF FINANCIAL INTERESTS Ptu·pose. Application. Disclosure. Contractual Obligations. Forms. 2.11.010 Pur~ose. Pursuant to Section 3704 of the Governmental Confl~ct of Interests Act (Division 4.5, commencing with Section 3600, of Title 1 of the Government Code, as the same may be amended from time to time, hereinafter referred to as the 11 Act,11 the Council of the City of Palo Alto adopts this ordinance as rulea governing the disclosure of financial interests by its officials. 2.11.020 Apelica~on. These rules shall govern the disclosure of financial Tnt.erests required of the .Hayor, members of the City Council, members of the Planning Commission, the Director of Planning and the City r-1anager, as provided in the Act. The requirements of the Act relating to disclosure apply only to such officers or employees. 2.11.030 Disclosure~ The interests, investments, sources of income, gifts and loans, and positions held whi.::::h are subject to disclosure are those specified in the Act. 11 Source of income,11 as used in subsection (3) of subdivision (b) of Section 3700 of the Act, means the business entity or activity of the official which earned or produced the income. 2.11.040 Contractual ObliSations. Unless the contrary is expressly stated, contractual oliga£lons to comply with the conflict of interest requirements of the City of Palo Alto do not include the disclosure of financial interests pursuant to the Act and these rules. 2.11.050 Forms. The City Attorney shall provide forms .for the statement containing the information required to he disclosed which officials tnay use and he shall assist any official in preparing such statement. The forms shall permit the dis­ closure of the interests, investments, sources of income, gifts and loans, and positions held as required pursuant to Section 3700 of the Act. EXHIBIT "A"