Sec. 2-242. - Prohibition of interest.

Any purchase order or contract within the purview of this article in which the purchasing agent or any officer or employee of the city is financially interested, directly or indirectly, shall be void, except that before the execution of a purchase order or contract the council shall have the authority to waive compliance with this section when it finds such action to be in the best interests of the city.

(Rev. Ords. 1987, § 2-242)

State Law reference— Conflict of interest, G.L. 1956, § 36-14-4; statement, G.L. 1956, § 36-14-5.