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(A) he or she, or a business entity in which he or sh has a bstantial <br />interest has had business dealings involving one o more tr sactions <br />of five hundred dollars ($500.00) or more each q er, or or a total <br />of twenty-five hundred dollars ($2,500.00) or more 'thin the <br />immediately preceding 12-month period; and <br />(B) have appeared before and requested action of the ity co il during <br />the reporting period. 1 17 <br />(viii) Identification shall also be required of all individu ls wh have an <br />ownership interest of twenty-five percent (25%) or more n a busi ess entity <br />as described in 8.2(a)(vii)(A) above and who appears b fore and requests <br />some action on the part of the city council, even though e actio 11 does not <br />concern such business entity. <br />Section 8.3. Retention of Financial Disclosure Statements. The city secre ary sh 1 log and <br />maintain all financial disclosure statements required to be filed herein as public records d retain <br />them for a period of three (3) years after which statements shall either be retu ed to e person <br />filing them or be destroyed. <br />Section 8.4. Immediate Public Identification by Public Servants. <br />(a) All public servants of the City shall immediately publicly identieither ~erbally at <br />an open meeting or in writing, all individuals or business entities that: <br />(i) he or she, or a business entity in which he or she has a ubstant 1 interest <br />which has had business dealings involving one or more t ansacti ns of five <br />hundred dollars ($500.00) or more each quarter, or for a t tal of t enty-five <br />hundred dollars ($2,500.00) or more within the imm diately receding <br />twelve (12) month period; and <br />(ii) have appeared before and requested action of the city ~ouncil ~uring the <br />reporting period. <br />(b) Such immediate identification shall also be required of all indivi uals w o have an <br />ownership interest of twenty-five percent (25%) or more in a business enti as d cribed in <br />8.4(a)(i) above and who appear and request action by the city council, even tho gh the tion does <br />not concern such business entity. Such identification shall be made prior o any cision or <br />determination of the matter or immediately upon discovery of such business d alings. <br />Section 8.5. Planning and Zoning Commission Members. Within thirty ( 0) day of being <br />appointed to the Planning and Zoning Commission and on each anniversary of that ate, each <br />member of such commission shall file with the city secretary a sworn state ent ide tifying by <br />street address and legal description all real property located within the City o its extr territorial <br />jurisdiction in which the member has a substantial interest. <br />12 <br />105 <br />