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CONFLICT OF INTEREST <br /> Conflict of interest questions arise periodically and can become complex. Generally, a legal conflict <br /> of interest occurs when you, as a member of a Commission, are slated to vote on a matter involving <br /> you and/or a business owned by you or a member of your family by blood or marriage. You could <br /> have a conflict of interest when the outcome could be economically advantageous to you, or to a <br /> member of your family, or to a business owned in whole or in part by you or a member of your <br /> family. In such cases,you have a responsibility to disclose this information to the Commission you <br /> serve and abstain from any discussion and/or vote on this matter. <br /> In addition to the above-mentioned situations, all Commission members must be aware of <br /> situations in which there is an appearance of conflict of interest. In some cases—such as an <br /> individual's affiance to an organization or group—a matter may be pending before the Commission <br /> which will not benefit you or a family member,but may leave doubt as to that member's ability to <br /> make an objective determination.Although there may not be any legal preemption from voting <br /> under such circumstances, discretion should prevail. <br /> The following points relating to conflict of interest are excerpts taken from ERMU Commission <br /> Policy- G.2e Commission Member Conduct: <br /> • Commission members are bound by, and will comply with, all State Statutes regarding <br /> conflicts of interest and Elk River City Code Sections 2-131 to 2-135. <br /> • In addition, Commission members will avoid any situation in which they stand to benefit <br /> individually through financial gain or influence. If such situations cannot be avoided, <br /> Commission members will disclose any known or potential conflicts, excuse themselves from <br /> any meeting during those times when the matter causing the conflict or potential conflict is <br /> under consideration, and abstain from voting in that matter. <br /> • Depending on the circumstances, a Commission member may disclose any known or <br /> potential conflict to the Commission Chair, the General Manager, or ERMU's Legal Counsel. <br /> Legal Counsel will be available to advise the Commission,individually or collectively, about <br /> potential conflicts. Generally, an individual Commission member will first approach the <br /> Commission Chair or the General Manager about a potential conflict. Legal Counsel is also <br /> available to advise the individual Commissioners in confidence about potential conflicts. <br /> 11n <br />