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CITY OF COLTON <br />INTEROFFICE MEMORANDUM <br />TO: Honorable Mayor and City Council <br />FROM: Carolina P. Barrera, City Clerk <br />SUBJECT: Possible Conflict of Interest Issues for the City of Colton Council <br />Meeting of December 18, 2001 <br />DATE: December 13, 2001 <br />BACKGROUND: <br />In addition to other provisions of law that prohibit City Council members from having financial <br />interest in City contracts, the City Council has adopted Ordinance No. 0-16-01, which requires <br />City Councilmembers to disclose, during open session, any gifts aggregating $50.00 or more <br />that he or she has received or been promised from a party or participant in any proceeding <br />before the City Council involving a license, permit, contract or other entitlement. Such disclosure <br />must be made either orally or in writing and must be made part of the official public record of the <br />proceeding either as part of the minutes or as a separate writing filed with the City. <br />DISC USSION/ANALYSIS: <br />This agenda contains recommendations for action relative to the following contractors: <br />Item No. Contract No. Parties/Contractors/Principals <br />9 N/A CAE Ultrasonics, Grease Monkey Div. <br />President: Gene Phaneuff <br />Contact: Marty Ehman <br />10 N/A Porter Athletic Equipment Co. <br />President: Greg Hege <br />Contact: Carlos Herrera <br />11 N/A Municipal Finance Corporation <br />President: William A. Morton <br />Contact: Rich Grossman <br />Wedbush Morgan Securities <br />(Financial Advisor) <br />President: Edward Wedbush <br />17 N/A American RV Expo Merchants Association <br />President: Dave Altman <br />Vice -President: Frank DeGelas <br />Treasurer: Andy Coyle <br />Member: Lee Deierling <br />