A. Any public officer or employee of a public agency who has, or whose relative has, a substantial interest in any contract sale, purchase or service to such public agency shall make known that interest in the official records of such public agency and shall refrain from voting upon or otherwise participating in any manner as an officer or employee in such contract, sale or purchase.

B. Any public officer or employee who has, or whose relative has, a substantial interest in any decision of a public agency shall make known such interest in the official records of such public agency and shall refrain from participating in any manner as an officer or employee in such decision. The official records of the Town of Clarkdale shall be interpreted to mean the minutes of a Town Council meeting.

C. Notwithstanding the provisions of subsections A and B of this section, no public officer or employee of a public agency shall supply to such public agency any equipment, material supplies or services, unless pursuant to an award or contract let after public competitive bidding.

D. Political subdivisions other than school districts may purchase through their governing bodies, without using public competitive bidding procedures, supplies, materials and equipment not exceeding three hundred dollars ($300.00) in cost in any single transaction, not to exceed a total of one thousand dollars ($1,000) annually, from a member of the governing body if the policy for such purchases is approved annually. [Ordinance #350, 2013; Resolution #1425, 2013; prior code § 3-4-12.]