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A. A town officer or town employee shall not:

1. Disclose or use confidential information acquired in the course of the officer's or employee's duties in order to further substantially his or her personal monetary interests.

2. Disclose any confidential information acquired in the course of the officer's or employee's duties to any person under circumstances where the officer or employee knows, or reasonably should know, that the person to whom the confidential information is disclosed will use the confidential information for a private business purpose.

3. Solicit or accept a present or future gift, favor, loan, service, or thing of value from a person under circumstances that would lead a reasonably prudent person to believe that the gift, favor, loan, service, or thing of value was made or given primarily for the purpose of influencing or attempting to influence the officer or employee in connection with an official act, or as a reward for official action he or she has previously taken.

4. Perform an official act directly and substantially affecting to its economic benefit any business when the officer or employee, or a member of the officer's or employee's immediate family: a) is an employee of the business; b) owns a ten percent (10%) or greater interest in the business; or c) is a director, officer, partner, trustee, or holds any management position in the business.

5. Affirmatively act to obtain employment for a member of his or her immediate family, a gift of substantial value, or an economic benefit tantamount to a gift of substantial value, from a person whom the officer or employee is in a position to reward with official action, or has rewarded with official action in the past.

B. A town officer shall not make or accept an ex parte communication or contact concerning a quasi-judicial matter pending before the town body of which he or she is a member without making the contents of the communication or contact a part of the record of the public hearing. This section does not apply to a legislative or administrative matter.

C. A town employee shall not:

1. Engage in a substantial financial transaction for the employee's private business purposes with a person whom the employee inspects or supervises in the course of his or her employment with the town.

2. Perform an official act that directly and substantially affects to its economic detriment a business in which the employee, or a member of the officer's or employee's immediate family: a) is an employee of a competing business, b) owns a ten percent (10%) or greater ownership interest in a competing business; or c) is a director, officer, partner, trustee, or holds any management position in a competing business.

3. Acquire or hold an interest in any business that the employee has reason to believe may be directly and substantially affected to its economic benefit by official action to be taken by the town department over which he or she has substantive authority. (Ord. 24, Series 2014)