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14. The board does not have the power to obligate the city for any funds or expenditures or incur <br />any debt on behalf of the city. <br />15. All powers and duties prescribed and delegated herein are delegated to the board as a unit and <br />all action hereunder shall be of the board acting as a whole. No action of an individual member <br />is authorized except through a quorum of the board or city council meeting in open session. <br />Conflicts of interest <br />No person may serve on the board who has requested or received abatements, grants, or other financial <br />considerations for economic development purposes from the Paris Economic Development Corporation, <br />the City of Paris, or their precedents. Further, if in the city council's judgment, an applicant has such a <br />significant involvement in local business interests and real property ownership that a conflict of interest, <br />as defined by the city's code of ethics, may arise, or may likely have the appearance of arising, the <br />applicant may be disqualified from membership. <br />