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ERMU Commission Policy — G.2e1 Conflicts of Interest <br />If an ERMU Commissioner is the interested officer, that Commissioner shall abstain <br />from voting on the matter. <br />4. The ERMU Commission passes a resolution, in the form attached, setting out the <br />essential facts, such as the nature of the officer's or employee's interest and the item <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 the General 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 />• 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 />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 />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 />Page 2 of 5 <br />