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(a) On or before the second Monday in January of each year, financial disclosure statements, on forms to be supplied by the city clerk, shall be made to and filed with the city clerk by the following people:

(1) Mayor and each member of the city council.

(2) City manager.

(3) City attorney.

(4) All appointed members of the planning and zoning commission and the board of adjustments and appeals.

(b) Each financial disclosure statement shall contain the following information:

(1) The source of any income or losses, including sources of income, losses and capital gains held by the spouse of the person making the disclosure or held jointly with the spouse of the person making the disclosure and also including the source of any other income, losses or capital gains sustained by the person making the disclosure held or owned jointly with any other third party, not the spouse of the person making the disclosure, over which the person making such disclosure has the right to the majority control of such source of income, losses or capital gains when:

a. The appointed or elected official is in a position to take direct official action with the entity that is the source of income, losses or capital gains; or

b. The city has an existing, ongoing, or pending contract, business, or regulatory relationship with the entity that is the source of income, loss or capital gains.

(2) Any insurance policy or trust owned by or created and endowed by a third person, other than the person making the disclosure and such person's spouse, the value of which is in excess of $5,000, which the person making the disclosure or the person making the disclosure and such person's spouse are joint beneficiaries.

(3) Indicate whether and how many real properties and mineral rights leases are located in the city in which the person making the disclosure, solely or jointly with such person's spouse, has an interest if the value exceeds $5,000. This subsection shall not apply to the appointed or elected official's personal residence or appurtenances thereto.

(4) The identity, by name, of all offices, directorships and fiduciary positions held by the person making the disclosure and such person's spouse, if such positions are with groups or organizations organized for profit.

(5) The identity, by name, of any person for whom lobbying is done, other than a municipal corporation or organization sponsored by a municipal corporation, and the identity of each lobbyist associated with the person making the disclosure.

(6) Businesses for profit located in or doing business in the city in which the person making the disclosure engages in a transaction for mutual gain.

(c) All financial disclosure statements filed pursuant to this section shall be public records. (Ord. No. 2020-06, § 1, 4-6-2020; Ord. No. 2019-51, § 2, 8-19-2019; Ord. No. 2016-35, § 16, 8-8-2016)