Ord 1998-078 - Laserfiche WebLink

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(3) The city has approval authority over purchasing decisions made by the entity or organization; (4) The city has approval authority over bonds or other indebtedness issued by the entity or organization; or (5) The city has approval authority over the budget of the organization. (ç é) This section does not apply to acquisition of property by the city as a result of eminent domain proceedings or the threat of eminent domain proceedings. SECTION 2. Sections 2.461 and 2.462 of the City Code are amended as follows (underlining indicates added text and overstrike indicates deleted text): Sec. 2.461. Definitions. In this division: Board member means a member of a board or commission whose membership is wholly appointed by the city council. Business entity means a corporation, partnership, sole proprietorship, firm, holding company, joint stock company, receivership, trust or any other entity organized for profit. Candidate means every person who declares for or files for any city office to be filled by election. City official means the mayor, every member of the city council, the city manager, the city attorney, the city secretary, judges of the municipal court and persons acting in the capacity of these officers or employees. Compensationmeans any economic benefit received in return for labor, services, property or investment. Economic benefit means any money, real or personal property, purchase, sale, lease, contract, option, credit, loan, discount, service or other tangible or intangible thing of value, whether similar or dissimilar to those enumerated. Family member means the spouse and any dependent children of any official or candidate. Gift means an economic benefit received other than as compensation, but not including campaign contributions reported as required by state law. Identification means, for an individual, the person's name, street address, city and state. For any entity other than an individual, the term "identification" means the name, address, city and state of the entity's principal location or place of business; the type or nature of the entity's principal location or place of business; the type or nature of the entity; the date on which it came into existence; the state of incorporation, if any; and the names of the partners or officers of the entity. Income means economic benefit received. Source of income means any business entity, employment, investment or activity which earned or produced income, including interest, dividends, royalties or rents.