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HomeMy WebLinkAbout123 - 10/04/2011 - AMENDING SECTION 2-637 OF THE CITY CODE TO EXPAND THE FINANCIAL DISCLOSURE REQUIREMENTS FOR MEMBERS ORDINANCE NO. 123, 2011 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING SECTION 2-637 OF THE CODE OF THE CITY OF FORT COLLINS TO EXPAND THE FINANCIAL DISCLOSURE REQUIREMENTS FOR MEMBERS OF THE CITY COUNCIL, THE CITY MANAGER, AND THE CITY ATTORNEY WHEREAS,in the interest of transparent government,the City Council has adopted Chapter 2, Article VIII of the City Code pertaining to financial disclosures; and WHEREAS, pursuant to Division 2 of said Chapter 2, Article VIII, any candidate for the office of City Councilmember, every member of the City Council, the City Manager and the City Attorney are required to periodically file with the City Clerk a written disclosure statement, the contents of which are specified in Section 2-637 of the City Code; and WHEREAS, one of the disclosures required under Section 2-637 is the disclosure of any interest in real property that is held or acquired for the purpose of resale at a profit and that is owned by the person making the disclosure or such person's spouse; and WHEREAS,the City Council believes that it would be in the best interests of the citizens of the City to expand this disclosure requirement to include any and all interests in real property held by the person making disclosure or such person's spouse,regardless of whether such property is held for the purpose of resale and profit. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS, that Section 2-637 of the Code of the City of Fort Collins is hereby amended to read as follows: Sec. 2-637. Requirements. Financial disclosure shall include: (3) The legal description of any interest in real property owned by the person making disclosure or such person's spouse. Introduced, considered_favorably on first reading, and ordered published this 20th day of September, A.D. 2011, and to be presented for final passage on the 4th day of October, A.D. 2011. O�.FORT COS May, r ATTEST: �E�4.I. :N GC ' Chief Deputy City Clerk sCaL..... .Passed and adopted on final reading on the 4th day of October, A.D. 2011. OF FO ATTEST: � or � a .� n O Rq� Chief Deputy City Clerk ' CO .,,.