Section 803. Disclosure of interest  


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  • 1. Any municipal officer or employee
      who has, will have, or later acquires an interest  in  or  whose  spouse
      has,  will have, or later acquires an interest in any actual or proposed
      contract,  purchase  agreement,  lease  agreement  or  other  agreement,
      including  oral  agreements, with the municipality of which he or she is
      an officer or employee, shall publicly disclose the nature and extent of
      such interest in writing to his or her immediate supervisor and  to  the
      governing body thereof as soon as he or she has knowledge of such actual
      or  prospective  interest. Such written disclosure shall be made part of
      and set forth in the official record of the proceedings of such body.
        2. Notwithstanding the provisions of subdivision one of this  section,
      disclosure  shall  not  be  required  in  the  case  of an interest in a
      contract described in subdivision  two  of  section  eight  hundred  two
      hereof.