§ 2-51. Interests and contracts involving officers.

(a)

During the officer's term, no officer shall acquire a property interest in any contract or transaction if a reasonable basis exists that such an interest will be affected directly by his official act or action or by official acts or actions of the county or otherwise constitute a violation of section 2-52.

(b)

The county shall not enter into any contract involving services or property with an officer or with a business in which the officer has an interest. Provided that such is disclosed to all parties involved, the prohibitions of this section shall not apply in the case of:

(1)

The designation of a bank or trust company as a depository for county funds;

(2)

The borrowing of funds from any bank or lending institution which offers competitive rates for such loans;

(3)

Contracts entered into with a business which employs a consultant, provided that such employment is not incompatible with this division;

(4)

Contracts for services entered into with a business which is the only available source for such goods or services; and

(5)

Contracts entered into under circumstances which would constitute an emergency situation, provided that such emergency is documented and submitted to the board of ethics to be kept on file.

(c)

In the event that an officer shall be paid any remuneration under this section, it shall be a violation of this division to earn such remuneration during times when the officer is being remunerated by the county or an agency thereof.

(Ord. of 11-14-89, § 113; Code 1977, § 3-20-41; Ord. of 2-22-00)