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HomeMy WebLinkAboutRES 83-64RESOLUTION NO.83-64 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,PRESCRIBING STANDARDS OF FINANCIAL DISCLOSURE FOR LOCAL ELECTED OFFICIALS. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,AS FOLLOWS: WHEREAS,pursuant to the provisions of Section 38-545,Arizona Revised Statutes,as amended,the Apache Junction City Council i s required to adopt standards of financial disclosure consistent with the provisions of Title 38,Chapter 3.1,Article 1,Arizona Revised Statutes,as amended; and WHEREAS,the Apache Junction City Council has determined that the standards of financial disclosure hereinafter adopted are,with respect to the City of Apache Junction,consistent with standards of financial dis- closure within the meaning of Section 38-545,Arizona Revised Statutes. NOW,THEREFORE,BE IT RESOLVED BY THE Mayor and City Council of the City of Apache Junction,Arizona,that the following standards of financial disclosure for local elected officials are hereby adopted: Section I :DEFINITIONS.In this resolution,unless the context otherewise requires: 1."Business"includes any enterprise,organization,trade, occupation or profession,whether or not operated as a legal entity or for profit,including any business trust,corporation, partnership,joint venture or sole proprietorship. 2."Compensation"means anything of value or advantage,present or prospective,including the forgiveness of debt. 3."Controlled business"means any business i n which the local public officer or any member of his household has an ownership or beneficial interest,individually or combined,amounting to more than a fifty percent interest. 4."Dependent business"means any business i n which the local public officer or any member of his household has an ownership or beneficial interest,individually or combined,amounting to more than a ten percent interest,and during the preceding calendar year the business received from a single source more than ten thousand dollars and more than fifty percent of its gross income. 5."Gift"includes any gratuity,special discount, favor,hospitality, service,economic opportunity,loan or other benefit received without equivalent consideration and not provided to members of the public at large. 6."Local public officer"means a person holding an elective office of the City of Apache Junction. 7."Member of household" means a local public officer's spouse and any minor child of whom the local public officer has legal custody. Section II:DUTY TO FILE FINANCIAL DISCLOSURE STATEMENT;CONTENTS; EXCEPTIONS. A.In addition to other statements and reports required by law,every local public officer,as a matter of public record,shall file with the City Clerk on a form prescribed by the City Clerk a verified financial disclosure statement covering the preceding calendar year ending December 31.The Resolution No.83-64 Page One of Five statement shall disclose: 1.The name and address of the local public officer and each member of his household and all names and addresses under which each does business. 2.The name and address of each employer and of each other source of compensation other than gifts amounting to more than one thousand dollars received during the preceding calendar year by the local public officer and members of his household in their own names,or by any other person for the use or benefit of the local public officer or members of his household,a description of the services for which the compensation was received and the nature of the employer's business.This paragraph shall not be construed to require the disclosure of individual items of compensation that constituted a portion of the gross income of the business from which the local public officer or members of his household derived compensation. 3.For a controlled business,a description of the goods or services provided by the business,and i f any single source of compensation to the business during the preceding calendar year amounts to more than ten thousand dollars and i s more than twenty-five percent of the gross income of the business, the disclosure shall also include a description of the goods or services provided to the source of compensation.For a dependent business the statement shall disclose a description of the goods or services provided by the business and a . description of the goods or services provided to the source of compensation from which the dependent business derived the amount of gross income described i n Section I ,paragraph 4.I f the source of compensation for a controlled or depen- dent business i s a business,the statement shall disclose a description of the business activities engaged i n by the source of compensation. 4.The names and addresses of all businesses and trusts i n which the local public officer or members of his household, or any other person for the use or benefit of the local public officer or members of his household,had an ownership or beneficial interest of over one thousand dollars at any time during the preceding calendar year,and the name and addresses of all businesses and trusts in which the local public officer or any member of his household held any office or had a fiduciary relationship at any time during the preceding calendar year,together with the amount or value of the interest and a description of the interest, office or relationship. 5.All real property interests and real property improvements, including specific location and approximate size,located in the City of Apache Junction,i n which the local public officer,any member of his household or a controlled or dependent business held legal title or a beneficial interest at any time during the preceding calendar year,and the value of any such interest,except that this paragraph does not apply to a real property interest and improvements thereon used as the primary personal residence or for the personal recreational use of the local public officer.If a local public officer, any member of his household or a controlled or dependent business acquired or divested any such interest during the preceding calendar year,he shall also disclose that the transaction was made and the date i t occurred.I f the controlled or dependent business i s i n the business of dealing in real property interests or improve- ments,disclosure need not include individual parcels or transactions as long as the aggregate value of all parcels of such property i s reported. Resolution No.83-64 Page Two of Five 6.The names and addresses of all creditors to whom the local public officer or members of his household,i n their own names orinithenameof any other person,owed a debt of more than one thousand dollars or to whom a controlled business or dependent business owed a debt of more than ten thousand dollars which was also more than thirty percent of the total business indebt- edness at any time during the preceding calendar year, listing each such creditor.This paragraph shall not be construed to require the disclosure of debts owed by the local public officer or any member of his household resulting from the ordinary conduct of a business other than a controlled or dependent business. Nor shall disclosure be required of credit card trans- actions,retail installment contracts,debts on residences or recreational property exempt from disclosure under paragraph 5 of this subsection, debts on motor vehicles not used for commercial purposes,debts secured by cash values on life insurance or debts owed to relatives.I t i s sufficient disclosure of a creditor i f the name and address of a person to whom payments are made i s disclosed.I f the local public officer,any member of his household or a controlled or dependent business incurred or discharged a debt which i s reportable under this subsection during the preceding calendar year,the report shall disclose that the transaction was made and the date i t occurred. 7.The identification and amount of each debt exceeding one thousand dollars owed at any timeAuring the preceding calendar year to the local public officer'and member of his household i n their own names,or to any other person for the use or benefit of the local public officer or any member of his household.The disclosure shall include the identification and amount of each debt exceeding ten thousand dollars to a controlled business or dependent business which was also more than thirty percent of the total indebtedness to the business at any time during the preceding calendar year.This paragraph shall not be construed to require the disclosure of debts from the ordinary conduct of a business other than a controlled or dependent business.I f the local public officer,any member of his household or a controlled or dependent business incurred or discharged a debt which i s reportable under this subsection during the preceding year,the report shall disclose that the transaction was made and the date i t occurred. 8.The name of each source of any gift,or accumulated gifts from a single source,of more than five hundred dollars received by the local public officer and members of his household i n their own names during the preceding calendar year,or by any other person for the use or benefit of the local public officer or any member of his household except gifts received by will or by virtue of intestate succession, or received by way of distribution from any intervivos or testamentary trust established by a spouse or by an ancestor, or gifts received from any other member of the household or relatives to the second degree of consanguinity.Political campaign contributions shall not be construed as gifts if otherwise publicly reported as political campaign contributions as required by law. 9.A list of all business licenses issued,by the City of Apache Junction,or by any other governmental agency which requires for its issuance the consideration of the application for such license by the City Council of the City of Apache Junction, to,held by or in which the local public officer or any member of his household had an interest at any time during the preceding calendar year,including the name i n which the Resolution No.83-64 Page Three of Five license was issued,the type of business and its location. 10.A list of all bonds,together with their value, issued by the City of Apache Junction,any industrial development authority of the city or town or any non- profit corporation organized or authorized by the city or town held at any time during the preceding calendar year by the local public officer or any member of his household,which bonds issued by a single entity had a value i n excess of one thousand dollars.I f the local public officer or any member of his household acquired or divested any bonds during the preceding calendar year which are reportable under this paragraph,the fact that the transaction occurred and the date shall also be shown. B.I f an amount or value i s required to be reported pursuant to this section,i t i s sufficient to report whether the amount or value of the equity interest falls within: 1.Category 1,one thousand dollars to twenty-five thousand dollars. 2.Category 2,more than twenty-five thousand dollars to one hundred thousand dollars. 3.Category 3,more than one hundred thousand dollars. C.This section does not require the disclosure of an information that i s privileged by law. D.The statement required to be filed pursuant to subsection A shall be filed by all person who qualified as local public officers at any time during the preceding calendar year on or before January 31 of each year,with the exceptions that a local public officer appointed to fi ll a vacancy shall,within sixty days following his taking •of such office, file a financial disclosure statement covering as his annual period the twelve month period ending with the last full month prior to the date of his taking office. E.The City Clerk shall prepare written guidelines,forms and samples for completing the financial disclosure statement required by this section.A copy of the guidelines,forms and samples shall be distributed to each local public officer and shall be made available to each candidate required to file a financial disclosure statement pursuant to Section 3 of this resolution. Section III:DUTY TO FILE FINANCIAL DISCLOSURE STATEMENT BY CANDIDATE FOR LOCAL PUBLIC OFFICE. A candidate for local public office as specified i n Section I , paragraph 6,shall file a financial disclosure statement covering the preceding twelve month period and containing the information described i n Section I I on a form prescribed by the City Clerk at the time of filing nomination papers. Section IV:This resolution shall become effective on the 6th day of December,1983. PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,THIS 6TH DAY OF DECEMBER ......,1983. Resolution No.83-64 Page Four of Five ATTEST: Wendell J.Cla Mayor Kathleen Connelly City Clerk APPROVED AS TO FORM: Davia F.Alexander 0...••A l multyAttorney Resolution No.83-64 Page Five of Five