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• The contract price. <br /> • The reasonable value. <br /> • The interest of the officer or employee in the contract. <br /> • That,to the best of the officer's or employee's knowledge and belief,the <br /> contract price is as low or lower than the price that could be obtained from <br /> other sources. <br /> 3.0 Examples of Prohibited Conflicts of Interest <br /> Examples of activities which are not in accordance with this policy include, but are not limited <br /> to,the following: <br /> 1. Acceptance by an ERMU official of any gift from an interested person in violation of <br /> Minnesota Statutes, Section 471.895; <br /> 2. Activities which require the official or employee to interpret ERMU policies or <br /> regulations when such activity involves matters with which the official or employee <br /> has business and/or family ties; <br /> 3. Consulting activities within the City of Elk River or the ERMU service territory if <br /> such consulting involves talents or skills primarily related to the official's or <br /> employee's ERMU work responsibilities; <br /> 4. Using an official's or employee's authority, influence or ERMU position for the <br /> purpose of private or personal financial gain; <br /> 5. The use of ERMU time, facilities, equipment or supplies for the purpose of private or <br /> personal financial gain; <br /> 6. Entering into a business transaction when it involves using confidential information <br /> gained in the course of employment; <br /> 7. Accepting other employment or public office where it will affect the official's or <br /> employee's independence of judgment or require use of confidential information <br /> gained as a result of ERMU duties; <br /> 8. Conducting personal business while working regularly scheduled hours; and <br /> 9. Accepting rebates or procuring any financial gain through the bidding process or <br /> employment of outside personnel. <br /> 4.0 Enforcement <br /> Any official or employee engaging in any activity involving either an actual or potential conflict <br /> of interest or having knowledge of such activity by another official or employee shall promptly <br /> report the activity to the ERMU General Manager or an ERMU Commission. The ERMU <br /> General Manager or Commission shall investigate the matter and make a determination as to <br /> whether or not an actual or potential conflict exists. If the ERMU General Manager or <br /> ICommissioner determines a conflict exists, it shall be presumed that the continuation of the <br /> practice would be injurious to the effectiveness of the official or employee in carrying out his <br /> duties and responsibilities. In such cases the official or employee shall immediately terminate <br /> the conflicting activity or be subject to termination of employment or removal from office. <br /> Adopted June 12, 2012 <br /> Revised May 14, 2019 <br /> 54 <br />