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ERMU CommissionPolicyG.2e1Conflicts of Interest <br />______________________________________________________________________________ <br />3.If an ERMU Commissioneris the interested officer, that Commissionershall abstain <br />from voting on the matter. <br />4.The ERMU Commissionpasses a resolution, in the form attached, setting out the <br />or service to be provided, and stating that the contract price is as low or lower than <br />could be found elsewhere. <br />5.Before the contract is approved, the interested officer or employee files an affidavit, <br />in the form attached, with theGeneral Manager that contains the following: <br />The name and office of the interested officer or employee. <br />An itemization of the commodity or services furnished. <br />The contract price. <br />The reasonable value. <br />The interest of the officer or employee in the contract. <br />contract price is as low or lower than the price that could be obtained from <br />other sources. <br />3.0EXAMPLES 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 <br />4.thority, 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 />______________________________________________________________________________ <br />Page 2of5 <br />64 <br />