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(a) Except for approved eligible administrative or personnel costs, no person <br /> described in subsection (b) below who exercises or has exercised any functions or <br /> responsibilities with respect to the activities funded pursuant to this Agreement or who is in a <br /> position to participate in a decision-making process or gain inside information with regard to <br /> such activities, may obtain a personal or financial interest or benefit from the activity, or have an <br /> interest in any contract, subcontract or agreement with respect thereto, or the proceeds <br /> thereunder, either for themselves or those with whom they have family or business ties,during, <br /> or at any time after, such person's tenure. The Developer shall exercise due diligence to ensure <br /> that the prohibition in this Section is followed. <br /> (b) In accordance with Government Code Section 1090 and the Political Reform Act, <br /> Government Code Section 87100 et seq., no person who is a director, officer, partner, trustee or <br /> employee or consultant of the Developer, or immediate family member of any of the preceding, <br /> shall make or participate in a decision, made by the City or a City board, commission or <br /> committee, if it is reasonably foreseeable that the decision will have a material effect on any <br /> source of income, investment or interest in real property of that person or the Developer. <br /> Interpretation of this Section shall be governed by the definitions and provisions used in the <br /> Political Reform Act, Government Code Section 87100 et seq., its implementing regulations <br /> manual and codes, and Government Code Section 1090. <br /> SIGNATURES ON FOLLOWING PAGE(S). <br /> OAK#4822-6539-6013 v6 42 <br />