(a) No officer or employee of the city shall have a financial interest, direct or indirect, in any contract with the city, or be financially interested, directly or indirectly, in the sale to the city of any land, materials, or supplies, or services except on behalf of the city as an officer or employee.

    (b) No person shall be entitled to hold any office or employment with the city who is in arrears for any city obligation (taxes, court orders, parking tickets, traffic citations, etc.).

    (c) A city employee shall not engage in any business, activity, or transaction and shall not have a substantial financial or personal interest, direct or indirect, which might reasonably be expected to interfere with the proper discharge of his/her official duties, or which would impair his/her independence of judgment or action in the public interest, or would impair his/her independence of judgment or action in the performance of his/her official duties. This standard shall apply to an employee's personal and outside activities including outside employment, investments, property holdings, financial interests and source of income. Furthermore, this standard shall apply to an employee's actions in the performance of his/her official duties including the acceptance of gifts and favors and the inspection or regulation of properties or activities in which the employee has an interest and would prohibit an employee from disclosing confidential information, receiving or making ex parte communications relating to official actions, or granting any improper favors, services, promises or things of value, in the performance of his/her official duties.

(Code 1964, § 22.210(8)--(10))