AgdaPkt 2016-10-17 Closed and Special Joint SA PFA

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6.3.B. - Page 1 REPORT To the Honorable Mayor and City Council From the City Manager October 17, 2016 SUBJECT Approval of the Updated and Revised Conflict of Interest Code for the City of Redwood City, Successor Agency, and the Oversight Board RECOMMENDATION 1. Adopt a resolution, with exhibits, adopting the Conflict of Interest Code for the City of Redwood City and repealing Resolution No. 15365; and 2. Adopt a resolution, with exhibits, adopting a Conflict of Interest Code for the Successor Agency to the Redwood City Redevelopment Agency and repealing Successor Agency Resolution No. 14-02; and 3. Adopt a resolution, with exhibits, updating the Conflict of Interest Code for the Successor Agency Oversight Board and repealing Oversight Board Resolution No. 15366 BACKGROUND California law requires designated public officials to disclose their economic interests to the public. Public officials designated by statute who disclose economic interests include City Council Members, Planning Commissioners, City Managers, City Attorneys and City Treasurers, these are special 87200 filers. These officials are sometimes referred to as "code filers." The purpose of the disclosure requirement is to alert both public officials and the public to any personal economic interests that may be affected during the public official's performance of duties. The disclosure occurs through the filing of the "Form 700" - Statement of Economic Interests upon taking office, on an annual basis, and upon leaving office. The City of Redwood City has in the past adopted and updated Conflict of Interest Codes for the Municipal Corporation of Redwood City, its Successor Agency and the Oversight Board is also being submitted but no changes are being proposed. This update could be handled by either the Oversight Board or the City Council. Following past practice, the update to the Oversight Board's Conflict of Interest Code is also being submitted to the City Council for action. On May 27, 2016 the City Council, via the City Clerk's Office, received the 2016 Local Agency Biennial Notice. City Manager Stevenson Diaz, as the City's Chief Executive Officer, was asked to sign such document and confirm that updates were going to be needed.