§ 12.01. Personal Financial Interest.

Latest version.

The mayor, council members, and other officers and employees of the city shall not be interested in the profits or emoluments of any contract, job, work or service for the City of Terrell; nor shall either of them be interested in the sale to the city of any supplies, equipment, material, or articles purchased nor shall either of them be the owner of stock in any public utility or public service corporation operating under franchise or license of the City of Terrell. Any contract in which any officer or employee of the city has an interest or shall acquire an interest may be declared void by the city council. Any violations of this section shall result in the forfeiture of office, position, or job.

                    
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