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(a) When an elected official is required to take official action on a matter in which such elected official has a personal economic interest, the elected official should first consider eliminating that interest. If elimination of that interest is not feasible nor required under this chapter, the elected official shall:

(1) Prepare and sign a written statement describing the matter requiring action and the nature of the potential conflict as soon as such elected official is aware of such conflict, and shall deliver copies of that statement to the responsible party for inclusion in the official record of any vote or other decision or determination; and

(2) Abstain from voting, sponsoring, influencing, or in any manner attempting to influence any vote, official decision, or determination which would favor or advance the elected official’s personal economic interest in such matter.

(b) Unless otherwise provided by applicable law, the abstention by such elected official from voting or otherwise participating in the official determination or decision shall not affect the presence of such person for purposes of establishing a quorum necessary to take action or vote upon such matter.

(c) In the event that an elected official’s participation is otherwise legally required for the action or decision to be made, such person and the presiding official requiring such participation shall fully report the occurrence to the Council. [Ord. 72, renumbered, 2/11/2021; Ord. 32 § 6408, adopted, 9/5/2013. Formerly 1.15.310.]