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Reso 2008-144
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Reso 2008-144
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Last modified
12/18/2008 11:41:37 AM
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12/18/2008 11:40:51 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Resolution
Document Date (6)
12/15/2008
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Document Relationships
_CC Agenda 2008 1215
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2008\Packet 2008 1215
8D Consent 2008 1215
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2008\Packet 2008 1215
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a. The date the loan was made. <br />b. The date the last payment of one hundred dollars ($100) or more was made on the <br />loan. <br />c. The date upon which the debtor has made payments on the loan aggregating to less <br />than two hundred fifty dollars ($250) during the previous 12 months. <br />(B) This section shall not apply to the following types of loans: <br />1. A loan made to the campaign committee of an elected officer or a candidate for <br />elective office. <br />2. A loan that would otherwise not be a gift as defined in this title. <br />3. A loan that would otherwise be a gift as set forth under subdivision (A), but on which <br />the creditor has taken reasonable action to collect the balance due. <br />4. A loan that would otherwise be a gift as set forth under subdivision (A), but on which <br />the creditor, based on reasonable business considerations, has not undertaken collection <br />action. Except in a criminal action, a creditor who claims that a loan is not a gift on the <br />basis of this paragraph has the burden of proving that the decision for not taking <br />collection action was based on reasonable business considerations. <br />5. A loan made to a debtor who has filed for bankruptcy and the loan is ultimately <br />discharged in bankruptcy. <br />(C) Nothing in this section shall exempt any person from any other provisions of Title 9 <br />of the Government Code. <br />(9) Section 9. Disqualification. <br />No designated employee shall make, participate in making, or in any way attempt to use <br />his or her official position to influence the making of any governmental decision which <br />he or she knows or has reason to know will have a reasonably foreseeable material <br />financial effect, distinguishable from its effect on the public generally, on the official or a <br />member of his or her immediate family or on: <br />(A) Any business entity in which the designated employee has a direct or indirect <br />investment worth two thousand dollars ($2,000) or more; <br />(B) Any real property in which the designated employee has a direct or indirect interest <br />worth two thousand dollars ($2,000) or more; <br />(C) Any source of income, other than gifts and other than loans by a commercial lending <br />institution in the regular course of business on terms available to the public without <br />
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