G79-08 Ordinance No. G79-08
rAN ORDINANCE
l AMENDING CHAPTER 5.24 OF THE ELGIN MUNICIPAL CODE 1976, AS AMENDED,
ENTITLED "PECUNIARY INTEREST IN CONTRACTS"
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ELGIN, ILLINOIS:
Section 1. That Section 5.24.020 of the Elgin Municipal Code entitled "Prohibitions
Regarding Former Officers or Employees" be and is hereby further amended by amending
subparagraph A thererof to read as follows:
"A. The prohibitions regarding pecuniary interests in contracts,an interest in the
sale of any article or an interest in the purchase of any property as provided for in this
chapter shall also apply to all city officers and full-time employees and the members
of the immediate families of city officers and full-time employees for a period of one
year from the date of termination of service or employment with the city.
Notwithstanding the foregoing, such one year prohibition shall not apply to any
former city officers or full-time employees and the members of the immediate
families of city officers and full-time employees when the city officer or full-time
employee was involuntarily separated from employment with the city while in good
standing,such former city officer or full-time employee is an employee of a company
or owns or holds an interest of one percent(1%)or less in the former city officer's or
employee's individual name in a company, or both, and such former city officer or
employee refrains from participating in the negotiation of any new contracts with the
city for the period of one year from the date of termination or service or employment
with the city."
Section 2. That all ordinances or parts of ordinances in conflict with the provisions of this
ordinance be and are hereby repealed.
Section 3. That this ordinance shall be in full force and effect immediately after its passage
and publication in the manner provided by law.
Ed Schock, Mayor
Presented: December 3, 2008
Passed: December 3, 2008
Omnibus Vote: Yeas: 6 Nays: 0
Recorded: December 4, 2008
Published: December 5, 2008
Attest:
Diane Robertson, City rk