TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Quinn Barrow, City Attorney
Alexandria Latragna, Management Analyst
SUBJECT:Title
Consider Adopting a Conflict of Interest Code for the Manhattan Beach Capital Improvement Corporation (City Manager Moe and City Attorney Barrow).
ADOPT RESOLUTION NO. CIC-9
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Recommended Action
RECOMMENDATION:
Staff recommends that the Board of Directors of the Manhattan Beach Capital Improvements Corporation adopt a conflict of interest code for the Manhattan Beach Capital Improvement Corporation.
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FISCAL IMPLICATIONS:
There are no fiscal implications associated with the recommended action.
BACKGROUND:
California law requires every local agency to adopt a COIC identifying the positions in the agency that have the authority to make or participate in government decisions, as well as the financial interests that must be reported on the California Form 700 by the individuals who occupy those positions. Agencies are required to amend their COIC when changed circumstances make amendments necessary.
The purpose of the Form 700 and a COIC is twofold: first, it is used as a tool to help officials in government avoid financial conflicts of interest by identifying potential pitfalls; second, the form and code are used to preserve the public's trust in the governmental decisions that are made on their behalf.
A COIC is made up of the following three components:
1. Incorporation Section:
This section designates where the Form 700s are filed and retained, and must reference California Code of Regulations Section 18730, which provides the rules for disqualification procedures, reporting financial interests, and references the current gift limit.
2. List of Designated Positions:
The Code must list all positions that make or participate in making decisions that "may foreseeably have a material effect on any financial interest....
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