AgdaPkt 2012-09-10 - Laserfiche WebLink

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6.3.A. - Page 1 RE PO RT To the Honorable Mayor and City Council From the Cit Clerk September 10, 2012 SUBJECT Conflict of Interest Code Adoption/Update — City of Redwood City, Successor Agency, including establishing the Officials for said entity, and Oversight Board Conflict of Interest Code RECOMMENDATION 1. Adopt a Resolution, with exhibits, updating the City's Conflict of Interest Code, and rescinding Resolution 15062. 2. Adopt a Resolution adopting a Conflict of Interest Code for the Successor Agency to the Redwood City Redevelopment Agency. 3. Adopt a Resolution adopting a Conflict of Interest Code for the Oversight Board for the Successor Agency to the Redwood City Redevelopment Agency. 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 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 and its Redevelopment Agency. With the demise of the Redevelopment Agency, and the emergence of the Successor Agency, the City has to update its Conflict of Interest Codes not just for its biennial update but to rescind the prior Redevelopment Agency Code and add the Successor Agency. In addition, per Fair Political Practices Commission guidance letter, a Conflict of Interest Code is also to be adopted for the Oversight Board. This could be done by the Oversight Board or the City. Upon consultation with legal counsel from the Oversight Board, it was timely to include this adoption with the City's revisions and additions. On August 9, 2012 the City Council, as the approving body of these Conflict of Interest Codes, received the Biennial Notice regarding changes and amendments that were needed and forthcoming.