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HomeMy WebLinkAboutOrdinance 23-2006 ORDINANCE NO. 23-06 AN ORDINANCE ESTABLISHING REQUIREMENTS FOR CAMPAIGN FINANCING DISCLOSURES FOR CANDIDATES FOR MAYOR AND COUNCIL MEMBER POSITIONS IN THE CITY OF BROOKINGS, SOUTH DAKOTA. BE IT ORDAINED BY THE CITY OF BROOKINGS, THAT THE CODE OF ORDINANCES OF THE CITY OF BROOKINGS BE AMENDED TO READ AS FOLLOWS: Campaign Financing Disclosure Requirements for Mayor and Council Member Candidates. (a) Any candidate or candidate's committee for the positions of Mayor or Council Member shall file seven days before any election a detailed statement, complete through the tenth day before the election, of all valuable considerations received, obligated, or paid by the candidate or committee or by persons authorized by the candidate or committee. The statement shall itemize all contributions and expenditures, and for contributions in an aggregate amount of more than One Hundred Dollars ($100.00) in that calendar year or the equivalent of in-kind contributions, or a combination of cash and in-kind contributions exceeding One Hundred Dollars ($100.00) in a calendar year, the report shall include the name and residence address of any person who contributed an aggregate amount of more than One Hundred Dollars ($100.00) or the equivalent thereof in that calendar year. If any candidate has no opposition, neither the candidate nor the candidate's committee is required to file a post- election statement. (b) A candidate or candidate's committee shall file a post-election statement within forty- five days following the election, which shall include the disposition of all funds and payment of all obligations. If any candidate has no opposition, neither the candidate nor the candidate's committee is required to file a post-election statement. (c) Forms to report the information required by this ordinance shall be available at City Hall. II. Any or all ordinances in conflict herewith are hereby repealed. First Reading June 13, 2006 Second Reading June 27, 2006 Published June 30, 2006 TY • - =ROOKINGS G\S �pF eR p Q •• R`0Zro�Y �o t. Munsterman, Mayor 6ES1J°: JO; Shari Thornes, Brooking City Clerk