A. It shall be the responsibility of each city employee to remain free from indebtedness or favors which tend to create a conflict of interests between personal and official interest, or might reasonably be interpreted as affecting the impartiality of the individual employee.

B. If an employee is tendered or offered a gift or gratuity which would, in the eyes of the public or of public officials, be construed as an attempt to bribe, influence or to encourage special consideration with respect to municipal operation, the offer shall be reported without delay to the employee’s immediate supervisor, who will in turn inform the department director. If there should be any doubt as to whether a gift or gratuity is of such significance as to create undue influence upon the employee, the matter shall be reported to the department director concerned and the city manager.

C. If an employee shall knowingly accept any gift or gratuity that may be reasonably construed by his or her department director to have created undue influence or result in special consideration benefiting the donor or any entitled beneficiary thereof, that employee may be subject to dismissal.

D. Any employee who has a substantial financial interest, direct or indirect, by reason of ownership of stock, in any corporation in any contract with the city or in the sale of any land, material, supplies or services to the city or to a contractor supplying the city shall make known that interest in a written statement to the city clerk. Any employee who willfully conceals such a financial interest or willfully violates the requirements of this section shall be guilty of malfeasance and subject to dismissal.

E. A municipal employee may not participate in an official action in which the employee has a substantial financial interest. (Ord. 12-001 § 3, 2013)