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<br /> -4- <br /> (8) Provided such information is not <br /> privileged by law, if the person <br /> filing the statement is the owner <br /> of five (5) per cent or more of any <br /> corporation, trust, partnership, <br /> firm or business association, such <br /> person shall list all customers from <br /> whom such entities received at least <br /> ten (lO)Per cent of their gross in- <br /> come during the reporting period. <br /> (9) Identification of any financial interest <br /> in or any transaction during the reporting <br /> period with any holder of any franchise <br /> issued by the City of San Marcos other than <br /> as a utility or franchise customer or patron, <br /> stating the nature and amount of such interest <br /> and transaction, including transaction by <br /> any family member and any corporation, trust, <br /> partnership, firm or business association <br /> in which the person filing the statement has <br /> an ownership interest of five (5) per cent <br /> or more. <br /> SECTION 3. That if any section, subsection, sentence, clause, <br /> phrase or portion of this Ordinance is for any reason held in- <br /> valid or unconstitutional by any court of competent jurisdiction <br /> such portion shall be deemed a separate, distinct and independent <br /> provision and such holding shall not affect the validity of the <br /> remaining portions thereo f. <br /> SECTION 4. That any person, firm, or corporation violating <br /> any provision of this Ordinance shall be guilty of a misdemeanor, <br /> and shall be deemed guilty of a separate offense for each day <br /> or portion thereof during which any violation hereof is committed, <br /> continues, or is permitted, and upon conviction of any such viola- <br /> tion shall be punished by a fine not to exceed two hundred dollars <br /> ($200.00). <br /> SECTION 5. That this Ordinance shall be in effect ten days <br /> from and after its passage and publication in a newspaper of <br /> general circulation in the area. <br /> PASSED AND APPROVED on first reading July 25, 1983. <br /> PASSED AND APPROVED on second reading August 8, 1983. <br /> PASSED, APPROVED AND ADOPTED August 22, 1983. <br /> /() <br /> i;~ <br /> ~?h Emmie Craddock <br /> ..~ Mayor <br /> anis K. Womack <br /> City Secretary <br />