17-4758


Chapter 17.--CORPORATIONS


Article 47.--URBAN RENEWAL LAW

     
17-4758.   Acquisition of interest in project by public officials,
commissioners or employees; disclosures; holding other public
office; violation of section, effect.

No public official or employee of a municipality (or board or commission
thereof), and no commissioner or employee of an urban renewal agency
which has been vested by a municipality with urban renewal project
powers under K.S.A. 17-4756 shall voluntarily acquire any
interest, direct or indirect, in any urban renewal project, or in any
property included or planned to be included in any urban renewal project
of such municipality or in any contract or proposed contract in
connection with such urban renewal project. Where such acquisition is
not voluntary, the interest acquired shall be immediately disclosed in
writing to the local governing body and such disclosure shall be entered
upon the minutes of the governing body.

     
If any such official, commissioner or employee presently owns or
controls or owned or controlled within the preceding two (2) years, any
interest, direct or indirect, in any property which he knows is included
or planned to be included in an urban renewal project, he shall
immediately disclose this fact in writing to the local governing body,
and such disclosure shall be entered upon the minutes of the governing
body, and any such official, commissioner or employee shall not
participate in any action by the municipality (or board or commission
thereof), or urban renewal agency affecting such property.

     
Any disclosure required to be made by this section to the local
governing body shall concurrently be made to an urban renewal agency
which has been vested with urban renewal project powers by the
municipality pursuant to the provisions of K.S.A. 17-4756. No
commissioner or other officer of any urban renewal agency, board or
commission exercising powers pursuant to this act shall hold any other
public office under the municipality other than his commissionership or
office with respect to such urban renewal agency, board or commission.
Any violation of the provisions of this section shall constitute
misconduct in office.

     
History:   L. 1955, ch. 86, § 17; June 30.