02-25-2015 Council Packet - Laserfiche WebLink

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RELEVANT LINKS: Minn. Stat. § 10A.09, subd. 6. Minn. R. 4505,0900. Minn, Stat. § 10A.09, subd. 6a. Minn, Stat. § 356A06, subd. 4(c). Minn. Stat. § 424A.04. Minn. Stat. § 356A.06, subd. 4, • The name of each associated business (and the nature of that association). • A listing of all real property interests in the state (excluding homestead). • Any interests connected to pari-mutuel horse racing in the U.S. or Canada. • A listing of the principal business or professional activity category of each business where the individual receives more than $50 in any month as an employee, but only if the individual has a 25% or more ownership interest in the business. • A listing of each principal business or professional activity category where the individual has received more than $2,500 in compensation in the past 12 months as an independent contractor. (Note: For a person who is a public official before May 22, 2014, the last two bullet points must be provided in supplementary statements due April 15, 2015.) Local officials must file supplementary statements by April 15 of each year, as well as a final statement when leaving office. d. Access The local official must file the statement with the city council. If an official position is both a public official and a local official of a metropolitan governmental unit, the official must also file the statement with the Board. Statements of economic interest are classified as public data. e. Pension plan trustees Each member of the governing board of a public pension plan must file a statement of economic interest. This applies to the trustees of a local relief association pension plan and includes ex -officio members, such as the mayor and city clerk. The statement must include: • The person's principal occupation and place of business. • Whether or not the person has an ownership of or interest of ten percent or greater in an investment security brokerage business, a real estate sales business, an insurance agency, a bank, a savings and loan, or another financial institution. • Any relationships or financial arrangements that could give rise to a conflict of interest. The statement must be filed annually with the plan's chief administrative officer and be available for public inspection during regular office hours. The statement must also be filed with the Board by January 15 of each year. League of Minnesota Cities Information Memo: 10/17/2014 Oficial Conflict of Interest Page 33