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1978-051-Adopting A Conflict Of Interest Code Applicable To The Members Of The Town Council Pursuant To The Political Reform Act of 1974RESOLUTION NO. 1978-51 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS ADOPTING A CONFLICT OF INTEREST CODE APPLICABLE TO THE MEMBERS OF THE TOWN COUNCIL PURSUANT TO THE POLITICAL REFORM ACT OF 1974 RESOLVED: SECTION 1. ADOPTION OF CONFLICT OF INTEREST CODE. In compliance with section 87300 of the Government Code the Town Council hereby adopts this Conflict of Interest Code. SECTION 2. APPLICATION OF CODE. This Conflict of Interest Code applies to members of the Town Council, Town Planning Commission, Town Manager and Planning Director. SECTION 3. DISCLOSURE. Councilmembers are already required to disclose investments, interest in real property and income under sections 87200 and following of the Government Code. Therefore no other or additional disclosure requirements are imposed on them by this Conflict of Interest Code. SECTION 4. DISCLOSURE. All persons to whom this code applies shall make the same disclosures in the same manner, as are required of councilmembers. SECTION 5. CIRCUMSTANCES REQUIRING DISQUALIFICATION. All persons to whom this code applies must disqualify themselves from making or participating in the making of a decision when they have a financial interest, as defined in section 87103 of the Government Code, when it is reasonably foreseeable that it may be affected materially by the decision, unless the rule of necessity set forth in section 87101 of the Government Code applies. -1- SECTION 5. The Town Clerk is directed to forward a certified copy of this resolution to the Fair Political Practices Commission. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos held on the 17th day of April , 1978, by the following vote: AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J. Ferrito, John B. Lochner and Mardi Gualtieri NOES: COUNCIL MEMBERS Peter W. Siemens ABSTAIN ABSENT: ATTEST: COUNCIL MEMBERS None COUNCIL MEMBERS None SIGNED: CLERK OF/ THE TOWN OF LOS GATOS -2- OF OF