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HomeMy WebLinkAbout8628RESOLUTION NO. 8628 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS AMENDING ITS CONFLICT OF INTEREST CODE PURSUANT TO THE POLITICAL REFORM ACT OF 1974, AND RESCINDING RESOLUTION NO. 8372 WHEREAS, the Legislature of the State of California enacted the Political Reform Act of 1974, Government Code section 81000 et seq. (the "Act"), which contains provisions relating to conflicts of interest which potentially affect all officers, employees, and consultants of the City of Redlands (the "City"), and requires all public agencies to adopt and promulgate a Conflict of Interest Code; and WHEREAS, the City adopted a Conflict of Interest Code pursuant to the Political Reform Act of 1974 by Resolution No. 3290 on October 5, 1976; and WHEREAS, the City has amended its Conflict of Interest Code periodically as mandated by law and as deemed necessary by the City Council of the City (this "City Council"); and WHEREAS, this City Council last amended its Conflict of Interest Code by Resolution No. 8372 on September 20, 2022; and WHEREAS, this City Council wishes to update its Conflict of Interest Code to identify the current designated City employees and consultants that are subject to the Conflict of Interest Code; and NOW, THEREFORE, be it resolved by the City Council of the City of Redlands that the Conflict of Interest Code as set forth in Resolution No. 8372 is hereby rescinded in its entirety and replaced with the Conflict of Interest Code, attached as Exhibit "1," which is hereby adopted for the City of Redlands. ADOPTED AND APPROVED this 17th day of SeptgRor, 2024. Tejeda, Mayor ATTEST: lele Donaldson, City Clerk 1 I:1ResolutionslRes 8600-8699\8628 Amending Conflict of Interest Code.docx-ms I, Jeanne Donaldson, City Clerk of the City of Redlands, hereby certify that the foregoing Resolution No. 8628 was duly adopted by the City Council at a regular meeting thereof, held on the 17'1' day of September, 2024. AYES: Councilmembers Barich, Davis, Guzman -Lowery, Saucedo; Mayor Tejeda NOES: ABSENT: ABSTAIN: J e Donaldson, City Clerk 2 I:aesolutionslRes 8600-8699\8628 Amending Conflict of Interest Code.doex-ms EXHIBIT "1" CITY OF REDLANDS CONFLICT OF INTEREST CODE Adopted: October 5, 1976 Last Amended: September 17, 2024 w L F TABLE OF CONTENTS Purpose/Incorporation by Reference 1. Statement of Purpose........................................................................................ 3 2. Incorporation by Reference.............................................................................. 3 Definitionof Terms................................................................................................. 3 Disclosure Statements 1. Designated Employees.............................................................. 2. Disclosure Requirements........................................................... 3. Statements of Economic Interests: Time of Filing Statements; ContentsThereof....................................................................... 4. Statement for Persons who Resign 30 Days after Appointment 5. Place of Filing Statements.......................................................... 6. Forms for Statements.................................................................. Manner of Reporting......................................................................... Disoualification................................................................................ Opinions of the Commission and Counsel 4 4 4 4 5 5 ..... 5 ..... 5 1. Request for Opinion and Reliance................................................................... 5 2. Evidence of Good Faith.................................................................................... 5 G. Legislative or Judicial Amendments....................................................................... 6 H. Force and Effect of Code........................................................................................ 6 Exhibit "A"- Designated Positions ........... Exhibit `B" - Disclosure Categories.......... ADDENDUM Reference Definitions............................................................... N .......................... 7 ........................ 11 12 CONFLICT OF INTEREST CODE OF THE CITY OF REDLANDS A. Pumose/Incorporation by Reference. 1. Statement of Purpose. It is the purpose of this Code to provide for the disclosure of designated employee assets and income which may be materially affected by such employees' official actions, and, in appropriate circumstances, to provide that designated employees should be disqualified from acting in order that conflicts of interest may be avoided. Nothing contained herein is intended to modify or abridge the provisions of the Political Reform Act of 1974 (Government Code section 81000, et seq.) (the "Act"). 2. Incorporation by Reference. The Act requires state and local government agencies to adopt and promulgate conflict of interest codes. The Fair Political Practices Commission has adopted regulations (2 Cal. Code of Regs., section 18730, et seq.) which contain the terms of a standard conflict of interest code, and which can be incorporated by reference in an agency's code. After public notice and hearing, the agency's conflict of interest code may be amended by the Fair Political Practices Commission to conform to amendments in the Political Reform Act. Therefore, the provisions of 2 California Code of Regulations section 18730, et seq., and any amendments to them duly adopted by the Fair Political Practices Commission, are hereby incorporated by reference. These regulations, and the attached Appendix designating officials and employees and establishing disclosure categories, shall constitute the Conflict of Interest Code of the City of Redlands ("City"). 3. Public Availability. Designated employees shall file their statements with the City, which will then snake the statements available for public inspection and reproduction (Government Code section 81008). Statements for designated employees will be retained by the City. B. Definition of Terms. This Conflict of Interest Code contains a number of key terms, such as "designated employee," "interests in real property within the jurisdiction," "investments in business entities," "income," and decisions "made" or "participated in" by a designated employee, which are defined in the Act and the regulations of the Fair Political Practices Commission (2 Cal. Code of Regs., section 18200, et seq.). These definitions and regulations, and any amendments to the Act or regulations, are incorporated by reference into this Conflict of Interest Code. Summaries of certain definitions are contained in the attached Addendum, which is provided for convenience of reference only, and are not a part of this Conflict of Interest Code. The definitions of key terns contained in the Act or the regulations are amended and changed from time to time. The summaries of definitions contained in the Addendum will be updated accordingly on a periodic basis. C. Disclosure Statements. 1. Designated Employees. The persons holding positions listed in Exhibit "A" of the Appendix of this Conflict of Interest Code are "designated employees." It has been determined that these officers and employees make or participate in the making of decisions which may foreseeably have a material effect on financial interests. 2. Disclosure Requirements. Each designated employee shall file an annual statement disclosing interests in real property within the City's jurisdiction, investments in business entities, business positions held or received during the previous calendar year, and income or sources of income which might foreseeably be affected materially by the operations of the City. The City has determined that it is foreseeable that the types of investments, interests in real property, business positions held or received during the previous calendar year, and income, and sources of income listed in Exhibit "B" of the Appendix may be affected materially by decisions made or participated in by the designated employee by virtue of his or her position, and are reportable if held by the designated employee. 3. Statements of Economic Interests: Time of Filing Statements; Contents Thereof. (a) Initial Statements. All designated employees employed on the effective date of this Conflict of Interest Code, as originally adopted, promulgated and approved by the City Council, shall file statements within thirty (30) days after the effective date of this Conflict of Interest Code. Thereafter; each person already in a position when it is designated by an amendment to this Conflict of Interest Code shall file an initial statement within thirty (30) days after the effective date of the amendment. Initial statements shall disclose any reportable investments, interests in real property, income and business positions held or received during the twelve (12) months prior to the effective date of this Conflict of Interest Code. (b) Assuming Office Statements. All new designated employees who are appointed, promoted or transferred to a designated position after the effective date of this Conflict of Interest Code shall file statements within thirty (30) days after assuming the designated position, disclosing any reportable income, investments, interests in real property and business positions held or received during the twelve (12) months prior to the date of assuming office. (c) Annual Statements. Annual statements shall be filed by all designated employees on or before April 1 of each year, disclosing any reportable investments, interests in real property, income and business positions held or received in the period since the closing date of the employee's previously filed statement and December 31. (d) Leaving Office Statements. Every designated employee who leaves office and does not assume another designated position for the City shall file a statement within thirty (30) days after leaving office disclosing any reportable investments, interests in real property, income and business positions held or received during the period since the last previous statement was filed. (e) Candidates' Statements. Candidates for election to City positions shall file a statement no later than the final date for filing Declarations of Candidacy, disclosing reportable investments and interests in real property held on the final date for filing Declarations of Candidacy. This subsection shall not apply to candidates who filed statements with the City within the previous twelve (12) months under subsections (a), (b) or (c) of this Section. 4. Statement for Persons who Resign 30 Days after Appointment. Persons who resign within thirty (30) days of initial appointment are not deemed to have assumed office or left office provided they did not make or participate in the making of, or use their position to influence any decision and did not receive or become entitled to receive any form of payment as a result of their appointment. Such persons shall not file either an assuming or leaving office statement. 5. Place of Filing Statements. All designated employees required to submit a statement of economic interests shall file the original with the City Clerk. The City Clerk shall make and retain a copy of all statements filed by members of and candidates for the City Council of the City of Redlands, the City Manager and City officials who manage public investments, and the City Attorney, and forward the original of each such statement to the Fair Political Practices Commission ("FPPC"). The City Clerk shall retain the originals of the statements of all other designated employees. 6. Forms for Statements. Forms for filing disclosure statements will be made available by the City Clerk, and will adhere to the forms prescribed by the FPPC. D. Manner of Reporting. The designated employee shall report all economic interests as required under California Code of Regulations section 18730. E. Disqualification. Designated employees must disqualify themselves as required pursuant to California Code of Regulations section 18730 (section 9). F. Opinions of the Commission and Counsel. 1. Request for Opinion and Reliance. Any designated employee who is unsure of any duty, right, or privilege of participation in any matter under this Code or under the provisions of the Act may request a formal opinion or letter of advice from the FPPC, or an opinion from the City Attorney, provided that nothing in this Conflict of Interest Code requires the City Attorney to issue any formal or informal opinion. 2. Evidence of Good Faith. If an opinion or a letter of advice is rendered by the FPPC stating in full the facts and law upon which the opinion is based, compliance therewith by the designated employee is evidence of good faith in any criminal proceeding and is a presumption affecting the burden of proof of any civil proceeding brought under the Act or this Conflict of Interest Code. The designated employee's good faith compliance with such opinion shall also 5 constitute a complete defense to any disciplinary action brought by the authority under section 91000 et seq. of the Act or this Conflict of Interest Code. G. Legislative or Judicial Amendments. All amendments or changes to the provisions of the Act, occurring as the result of legislative amendment or judicial decision, shall automatically and immediately be incorporated into this Conflict of Interest Code and this Conflict of Interest Code shall, without further action, thereupon be deemed amended and changed to reflect such legislative or judicial amendment or decision. H. Force and Effect of Code. This Conflict of Interest Code has the force and effect of law. Designated employees violating any provision of this Conflict of Interest Code are subject to the administrative, criminal and civil sanctions provided by the Act. M EXHIBIT "A" DESIGNATED POSITIONS The Mayor, Members of the City Council,, the City Manager, and other City officials who manage public investments, and the City Attorney, are included in and governed by this Conflict of Interest Code only with respect to its disqualification provisions. For purpose of disclosure, the Mayor, members of the City Council, Planning Commissioners, the City Manager, City Attorney, City Treasurer, and the City officials who make public investments are governed by the statutory conflicts of interest provisions of Article 2 of Chapter 7 of the Political Reform Act of 1974 (Government Code section 87200, etseq.). DESIGNATED EMPLOYEE'S TITLE OR FUNCTION DISCLOSURE CATEGORIES ASSIGNED Cit Clerk All Disclosure Categories (1-7) .. ., �M a� �'`� ce Yv va ��sy�S � ?SN• �5 �3'" Ca "�3�'i3 �"� ;off. Q+� Assistant City Manager All Disclosure Categories (1-7) Project Manager Disclosure Categories (1,3,5,7) Homeless Solutions Manager All Disclosure Categories (1-7) Grants Coordinator Disclosure Categories (1,3,5,7) Management Analyst All Disclosure Categories (1-7) Administrative Analyst Disclosure Categories (1,3,5,7) Public Information Officer All Disclosure Categories (1-7) Multimedia Production Officer Disclosure Categories (1,3,5,7) Y� OR< I SF�RVI Es,_,a>,t Development Services Director a t ax s A All Disclosure Categories (1-7) Management Analyst All Disclosure Categories (1-7) Administrative Analyst Disclosure Categories (1,3,5-7) One Stop Permit Center Manager All Disclosure Categories (1-7) Asst/Assoc/Civil/Sr. Civil Disclosure Categories (1,3,5-7) Chief Building Official All Disclosure Categories,(177) Sr. Plans Examiner Disclosure Categories (1,3,5-7) Economic Development Coordinator All Disclosure Categories 1 7� City Planner All Disclosure Categories (1-7) Principal Planner Disclosure Categories (1,3,5-7) Senior Planner Disclosure Categories (1,3,5-7) piais7 Fire Chief , All Disclosure Categories (1-7) Fire Marshal All Disclosure Categories (1-7) Deputy Fire Chief All Disclosure Categories (1-7) Deputy Fire Marshal All Disclosure Categories (1-7) Battalion Chief Disclosure Categories (1-3, 5-7) — EMS Coordinator Disclosure Categories (1,3,5-7) Management Analyst All Disclosure Categories (1-7) Emergency Operations Specialist Disclosure Categories (1 3 5-7) 7 HUMAN RESOURCES/RISI{ Director, HR/Risk Management All Disclosure Categories (1-7) Assistant Director, HR/Risk Management All Disclosure Categories (1-7 HR/Risk Manager All Disclosure Categories (1-7 HR Analyst Disclosure Categories (1,3,5-7 Risk Management Specialist Disclosure Categories 1,3,5-7) Human Resource Specialist Disclosure Categories (1,3,5-7) AS 41 e�'ik�\hW k ➢Y`O Af! f1..���le R.gi�i`` Oavc�,t ,ge4l.��N �J 4�m �`�,�,�tt�Lvi may.. %��G ...Rewc, .. .... Libra Director All Disclosure Categories (1-7) Archivist Curator All Disclosure Categories (1-7 Principal Librarian Disclosure Categories 1,3,5-7) Systems Administrator Disclosure Categories (1,3,5-7) Management Analyst All Disclosure Categories (1-7 Senior Librarian Disclosure Categories 1,3,5-7) Special Collections Manager Disclosure Categories (1,3,5-7 Adult Literacy Coordinator Disclosure Categories (1,3,5-7 Technical Services Coordinator Disclosure Categories (1,3,5-7) Director, Management Services/Finance All Disclosure Categories (1-7 IT Manager All Disclosure Categories 1-7) Procurement Manager All Disclosure Categories (1-7) Network Engineer Disclosure Categories (1,3,5-7 GIS Supervisor All Disclosure Categories 1-7) IT Systems Supervisor All Disclosure Categories (1-7) Database Administrator Disclosure Categories (1,3,5-7) IT Security Analyst Disclosure Categories 1,3,5-7) IT Systems Analyst Disclosure Categories (1,3,5-7) System Administrator Disclosure Categories (1,3,5-7 GIS Analyst Disclosure Categories (1,3,5-7) Network Specialist Disclosure Categories (1,3,5-7 Assistant Finance Director All Disclosure Categories 1-7 Finance Manager All Disclosure Categories (1-7) Principal Accountant All Disclosure Categories 1-7) Senior Accountant Disclosure Categories (1,3,5-7) Budget Analyst All Disclosure Categories 1-7) Accountant Disclosure Categories (1,315-7) Revenue Manager All Disclosure Categories (1-7) Administrative Analyst All Disclosure Categories (1-7 Utilities Customer Service Supervisor All Disclosure Categories (1-7) Accountant Disclosure Categories (1,3,5-7) Payroll Coordinator All Disclosure Categories (1-7 11LU1YIGIPAL UTII?I :IES &ENGINEERING, a.... , , ,_�. ....... �... ,...v, , �,. ,� 3sr x w e .ts MRIS� , :" - Director of Municipal Utilities and Public Works Engineering/City Engineer All Disclosure Categories (1-7) City Engineer All Disclosure Categories 1-7) Asst/Assoc/Civil/Sr. Civil Engineer Disclosure Categories (1,3,5-7) Water Utility Manager All Disclosure Categories (1-7) Laboratory Manager All Disclosure Categories (1-7) Water Production/Maintenance Superintendent All Disclosure Categories (1-7) Water Distribution Superintendent All Disclosure Categories (1-7) Water Production Operations Supervisor All Disclosure Categories 1-7 Water Productions Maintenance Supervisor All Disclosure Categories 1-7 Water Distribution Supervisor All Disclosure Categories 1-7) Wastewater Utility Manager All Disclosure Categories 1-7 Wastewater Operations Supervisor All Disclosure Categories (1-7) Wastewater Collection System Supervisor All Disclosure Categories 1-7 06- a `F. �. �R nvvR ����'���3m4m. Chief of Police All Disclosure Categories (1-7) Deputy Police Chief All Disclosure Categories (1-7) Police Commander All Disclosure Categories 1-7 Police Operations Manager All Disclosure Categories 1-7 Management Analyst All Disclosure Categories (1-7) Police Operations Coordinator Disclosure Categories (1,3,5-7) Records Supervisor All Disclosure Categories (1-7) Sup ort Services Supervisor All Disclosure Categories (1-7 A ,)�L TXE �'�N�?!��Q1V�1�iiT1�T�����RVI E #m `��� �� ������� �'" a � ,r Director, FCS All Disclosure Categories 1-7 Sr. Manager, FCS All Disclosure Categories (1-7 Manager, FCS All Disclosure Categories (1-7) Management Analyst All Disclosure Categories 1-7 Field Services Superintendent All Disclosure Categories 1-7 Field Services Project Supervisor All Disclosure Categories (1-7) Administrative Analyst Disclosure Categories 1,3,5-7) Airport Supervisor All Disclosure Categories (1-7 Solid Waste Manager All Disclosure Categories 1-7 Solid Waste Supervisor All Disclosure Categories 1-7) Solid Waste Route Coordinator Disclosure Categories (1,3,5-7) Recycling Coordinator Disclosure Categories 1,3,5-7 Fleet Services Su ervisor Disclosure Categories 1,3,5-7 Cemetery Manager All Disclosure Categories (1-7) Animal Control Supervisor All Disclosure Categories (1-7 Ryyecrre%atiocn(lS■upervi;,�sor All�`$�Disclosure Categories 1-7) �y F�lJ1QNO.� .N�v.1kS�L�:....� .fie NAkY�`.x Historic and Scenic Preservation Commissioners Disclosure Categories 1,2,3,7 Libmg Board of Trustees All Disclosure Categories 1-7) �.'3 �x x r � �' �-a x �u� . �� �` �bS Yq `.�'� t �. x �• qm� k + IDW c o' �� r F �. ��. `�? Consultants * Consultants, who provide services under contract to fill one of the above -referenced designated positions, shall be included in the list of designated employees and shall disclose pursuant to the broadest disclosure category in this Code subject to the following limitation: The City Manager may determine in writing that a particular consultant, although a "designated position," is hired to perform a range of duties that are limited in scope and thus is not required to fully comply with the disclosure requirements described in this section. Such written determination shall include a description of the consultant's duties and, based upon that description, a statement of the extent of disclosure requirements. The City Manager's determination is a public record and shall be retained for public inspection in the same manner and location as this Conflict of Interest Code. 10 EXHIBIT "B" DISCLOSURE CATEGORIES The disclosure categories listed below identify the types of investments, business entities, sources of income, or real property, which the designated employee must disclose for each disclosure category for each disclosure category to which he or she is assigned. Category 1: All investments and business positions in, and sources of income from, business entities that do business or own real property within the jurisdiction of the City, plan to do business or own real property within the jurisdiction of the City within the next year, or have done business or owned real property within the jurisdiction of the City within the past two (2) years. Category 2: All interests in real property which is located in whole or in part within, or not more than two (2) miles outside, the jurisdiction of the City. Category 3_All investments and business positions in, and sources of income from, business entities that are engaged in land development, construction, or the acquisition or sale of real property within the jurisdiction of the City, plan to engage in such activities within the jurisdiction of the City within the next year, or have engaged in such activities within the jurisdiction of the City within the past two (2) years. Category 4: All investments and business positions in, and sources of income from, business entities that are banking, savings and loan, or other financial institutions. Category 5: All investments and business positions in, and sources of income from, business entities that provide services, supplies, materials, machinery, vehicles or equipment of a type purchased or leased by the City. Category 6: All investments and business positions in, and sources of income from, business entities that provide services, supplies, materials, machinery, vehicles or equipment of a type purchased or leased by the Designated Employee's Department. Category 7: All investments and business positions in, and sources of income from, business entities subject to the regulatory, permit, or licensing authority of the Designated Employee's Department, will be subject to such authority within the next year, or have been subject to such authority within the past two (2) years. ADDENDUM DEFINITIONS FOR THE CONFLICT OF INTEREST CODE OF THE THE CITY OF REDLANDS 12 TABLE OF CONTENTS DEFINITIONS 1. "Public Official".................................................................. 2. "Member"........................................................................... 3 "Consultant"....................................................................... 4. "Designated Employee" ................................ I.................... 5. "Making Governmental Decisions" ................................... 6. "Participating in the Making of Governmental Decisions" 7. "Financial Interest"............................................................ 8. "Material Financial Effect. ................................................. 9. 'Business Entity.................................................................. 10. "City.................................................................................... it. "Act.................................................................................... 13 ...........Addendum —12 ........... Addendum — 12 ............Addendum —12 ............Addendum — 13 ............ Addendum-13 ............Addendum —13 ............Addendum — 14 ............Addendum —15 ...........Addendum — 15 ...........Addendum — 15 ............Addendum — 15 DEFINITIONS 1. "Public Official" means every member, officer, employee or consultant of a state or local government agency, but does not include judges and court commissioners in the Judicial branch of government. "Public official" also does not include members of the Board of Governors and designated employees of the State Bar of California, members of the Judicial Council and members of the Commission on Judicial Performance, provided that they are subject to the provisions of Article 2.5 (commencing with section 6035) of Chapter 4 of Division 3 of the Business and Professions Code as provided in section 6038 of that Article. Government Code section 82048. 2. "Member" shall include, but not be limited to, salaried or unsalaried members of committees, boards or commissions with decision making authority. A. A committee, board or commission possesses decision making authority whenever: i. It may make a final governmental decision, or ii. It may compel a governmental decision; or it may prevent a governmental decision either by reason of an exclusive power to initiate the decision or by reason of a veto that may not be overridden; or iii. It makes substantive recommendations that are, and over an extended period of time have been, regularly approved without significant amendment or modification by a public official or the City Council. 2 CCR section 18700. B. A committee, board, or commission does not possess decision making authority of it is formed for the sole purpose of researching a topic and preparing a report of recommendation for submission to another governmental body that has final decision -making authority. 3. "Consultant" means an individual who, pursuant to a contract with a state or local government agency: A. Makes a governmental decision whether to: i. Approve a rate, rule or regulation; ii. Adopt or enforce a law; iii. Issue, deny, suspend, or revoke any permit, license, application, certificate, approval, order, or similar authorization or entitlement; 14 iv. Authorize the agency to enter into, modify, or renew a contract provided it is the type of contract that requires agency approval; v. Grant agency approval to a contract that requires agency approval and to which the agency is a party, or to the specifications for such a contract; vi. Grant agency approval to a plan, design, report, study, or similar item; vii. Adopt, or grant agency approval of, policies, standards, or guidelines for the agency, or for any subdivision thereof; or B. Serves in a staff capacity with the agency and in that capacity participates in making a governmental decision as defined in Regulation section 18704 or performs the same or substantially all the same duties for the agency that would otherwise be performed by an individual holding a position specified in the agency's Conflict of Interest Code under Government Code section 87302. 2 CCR section 18700.3. 4. "Designated Employee" means any official of the Agency whose position is so designated in the Appendix of the Agency's Conflict of Interest Code. The Appendix sets forth those positions which entail the making or participation in the making of decisions which may foreseeably have a material financial effect on any financial interest, but does not include any unsalaried member of any board or commission which serves a solely advisory function. Government Code section 82019. 5. "Making a Governmental Decision." A public official "makes a governmental decision," except as provided in 2 California Code of Regulations section 18704, when the official, acting within the authority of his or her office or position: (1) Votes on a matter; (2) Appoints a person; (3) Obligates or commits his or her agency to any course of action; (4) Enters into any contractual agreement on behalf of his or her agency; (5) Determines not to act, within the meaning of subdivisions 1, 2, 3, 4, above, unless such determination is made because of his or her financial interest. When the determination not to act occurs because of the official's financial interest, the official's determination may be accompanied by an oral or written disclosure of the financial interest. 2 CCR section 18707 6. "Participating in the Making of Governmental Decisions": A public official "participates in making a governmental decision," except as provided in Title 2, Code of Regulations section 18704, when, acting within the authority of his or her position, the official: 15 (a) Negotiates, without significant substantive review, with a governmental entity or private person regarding a governmental decision referenced in Title 2, California Code of Regulations section 18700(c)(4); or (b) Advises or makes recommendations to the decision maker either directly or without significant intervening substantive review, by: (1) Conducting research or making any investigation which requires the exercise of judgment on the part of the official and the purpose of which is to influence a governmental decision referenced in Title 2, California Code of Regulations section 18704; or (2) Preparing or presenting any report, analysis, or opinion, orally, or in writing, which requires the exercise of judgment on the part of the official and the purpose of which is to influence a governmental decision referenced in Title 2, California Code of Regulations section 18700(c)(4); 2 CCR section 18704 7. "Financial Interest": A public official has a financial interest in a decision within the meaning of Government Code section 87100 if it is reasonably foreseeable that the decision will have a material financial effect, distinguishable from its effect on the public generally, on the official, a member of his or her immediate family, or on any of the following: (a) Any business entity in which the public official has a direct or indirect investment worth two thousand dollars ($2,000) or more. (b) Any real property in which the public official has a direct or indirect interest worth two thousand dollars ($2,000) or more. (c) Any source of income, except gifts or loans by a commercial lending institution made in the regular course of business on terms available to the public without regard to official status, aggregating five hundred dollars ($500) or more in value provided or promised to, received by, the public official within 12 months prior to the time when the decision is made. (d) Any business entity in which the public official is a director, officer, partner, trustee, employee, or holds any position of management. (e) Any donor of, or any intermediary or agent for a donor of, a gift or gifts aggregating two hundred fifty dollars ($250) or more in value provided to, received by, or promised to the public official within 12 months prior to the time when the decision is made. The amount of the value of gifts specified by this subsection shall be adjusted biennially by the commission to equal the same amount determined by the commission pursuant to subdivision (f) of Government Code section 89503. For purposes of this section, indirect investment or interest means any investment or interest owned by the spouse or dependent child of a public official, by an agent on behalf of a public official, or by a business entity or trust in which the official, the official's agents, spouse, 16 and dependent children own directly, indirectly, or beneficially a 10-percent interest or greater. Government Code § 87103; 2 CCR section 18700(c)(6). 8. "Material Financial Effect" means the financial effect of a governmental decision on a financial interest of a public official is material if, at the time the official makes or participates in making the decision, the decision will have a significant effect on the official or a member of the official's immediate family, or on the source of income, the source of gifts, the business entity, or the real property, which is an economic interest of the official. In determining whether it is reasonably foreseeable that the effects of a governmental decision will be significant, consideration should be given to the factors defined in Title 2 CCR sections 18702, 18702.1, 18702.2, 18702.3, 18702.4 and 18702.5. 2 CCR section 18702. 9. "Business Entity" means any organization or enterprise operated for profit, including but not limited to a proprietorship, partnership, firm, business trust, joint venture, syndicate, corporation or association. Government Code section 82005. seq. 10. "Act" means the Political Reform Act of 1974, Government Code section 81000, et 17