§ 2.56.170. Disclosure statements—Contents.  


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  • Disclosure statements shall be made on forms supplied by the city clerk, and shall contain the following information:

    A.

    Contents of Investment and Real Property Reports. When an investment, or an interest in real property is required to be reported, the statement shall contain:

    1.

    A statement of the nature of the investment or interest;

    2.

    The name of the business entity in which each investment is held, and a general description of the business activity in which the business entity is engaged;

    3.

    The address or other precise location of the real property;

    4.

    A statement whether the fair market value of the investment or interest in real property equals or exceeds two thousand dollars but does not exceed ten thousand dollars, whether it exceeds ten thousand dollars but does not exceed one hundred thousand dollars, or whether it exceeds one hundred thousand dollars;

    5.

    If the investment or interest in real property was partially or wholly acquired or disposed of during the period covered by the statement, the date of acquisition or disposal;

    6.

    For purposes of disclosure under this chapter, "interest in real property" does not include the principal residence of the filer or any other property which the filer utilized exclusively as the personal residence of the filer.

    B.

    Contents of Personal Income Reports. When personal income is required to be reported, the statement shall contain:

    1.

    The name and address of each source of income aggregating five hundred dollars or more in value, or fifty dollars or more in value if the income was a gift, and a general description of the business activity, if any, of each source;

    2.

    A statement whether the aggregate value of income from each source, or in the case of a loan, the highest amount owed to each source, was at least five hundred dollars but did not exceed one thousand dollars, whether it was in excess of one thousand dollars but was not greater than ten thousand dollars, or whether it was greater than ten thousand dollars or greater than one hundred thousand dollars;

    3.

    A description of the consideration, if any, for which the income was received;

    4.

    In the case of a gift, the name, address and business activity of the donor and any intermediary through which the gift was made; a description of the gift; the amount or value of the gift; and the date on which the gift was received;

    5.

    In the case of a loan, the annual interest rate and the security, if any, given for the loan and the term of the loan.

    C.

    Contents of Business Entity Income Reports. When income of a business entity, including income of a sole proprietorship, is required to be reported, the statement shall contain:

    1.

    The name, address, and a general description of the business activity of the business entity;

    2.

    The name of every person from whom the business entity received payments if the filer's pro rata share of gross receipts from such person was equal to or greater than ten thousand dollars during a calendar year;

    3.

    When a payment, including an advance or reimbursement for travel is required to be reported pursuant to this section, it may be reported in a separate travel reimbursement schedule which shall be included in the filer's statement of economic interest. The filer who chooses not to use a travel schedule shall disclose payments for travel as a gift, unless it is clear from all surrounding circumstances that the services provided were equal to or greater in value than the payments for travel, in which case the travel may be reported as income.

    D.

    Contents of Management Position Reports. When management positions are required to be reported, holders of designated positions shall list the name of each business entity not specified in this section of which they are a director, officer, partner, trustee, employee, or in which they hold any position of management.

    E.

    Initial Statement. The initial statement filed by an employee appointed to a designated position shall disclose any reportable investment and interests in real property.

(Ord. 1069 § 1 (Exh. A (part)), 2001: Ord. 934 (part), 1992: Ord. 905 (part), 1990: Ord. 723 § 500, 1979).