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RES 16888
City of Pleasanton
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RES 16888
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10/7/2016 3:09:35 PM
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10/7/2016 3:09:33 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
10/4/2016
DESTRUCT DATE
PERMANENT
DOCUMENT NO
16888
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When an investment or an interest in real property3 is required to be reported,4 the <br /> statement shall contain the following: <br /> 1. A statement of the nature of the investment or interest; <br /> 2. The name of the business entity in which each investment is held, and a general <br /> description of the business activity in which the business entity is engaged; <br /> 3. The address or other precise location of the real property; <br /> 4. A statement whether the fair market value of the investment or interest in real property <br /> equals or exceeds two thousand dollars ($2,000), exceeds ten thousand dollars ($10,000), <br /> exceeds one hundred thousand dollars ($100,000), or exceeds one million dollars ($1,000,000). <br /> (B) Personal Income Disclosure. When personal income is required to be reported,5 the <br /> statement shall contain: <br /> 1. The name and address of each source of income aggregating five hundred dollars <br /> ($500) or more in value, or fifty dollars ($50) or more in value if the income was a gift, and a <br /> general description of the business activity, if any, of each source; <br /> 2. A statement whether the aggregate value of income from each source, or in the case <br /> of a loan, the highest amount owed to each source, was one thousand dollars ($1,000) or less, <br /> greater than one thousand dollars ($1,000), greater than ten thousand dollars ($10,000), or <br /> greater than one hundred thousand dollars ($100,000); <br /> 3. A description of the consideration, if any, for which the income was received; <br /> 4. In the case of a gift, the name, address and business activity of the donor and any <br /> intermediary through which the gift was made; a description of the gift; the amount or value of <br /> the gift; and the date on which the gift was received; <br /> 5. In the case of a loan, the annual interest rate and the security, if any, given for the <br /> loan and the term of the loan. <br /> (C) Business Entity Income Disclosure. When income of a business entity, including <br /> income of a sole proprietorship, is required to be reported,6 the statement shall contain: <br /> 3 For the purpose of disclosure only (not disqualification), an interest in real property does not <br /> include the principal residence; of the filer. <br /> 4 Investments and interests in real property which have a fair market value of less than $2,000 <br /> are not investments and interests in real property within the meaning of the Political Reform Act. <br /> However, investments or interests in real property of an individual include those held by the individual's <br /> spouse and dependent children as well as a pro rata share of any investment or interest in real property <br /> of any business entity or trust in which the individual, spouse and dependent children own, in the <br /> aggregate, a direct, indirect or beneficial interest of 10 percent or greater. <br /> 5 A designated employee's income includes his or her community property interest in the income <br /> of his or her spouse but does not include salary or reimbursement for expenses received from a state, <br /> local or federal government agency. <br /> 6 Income of a business entity is reportable if the direct, indirect or beneficial interest of the filer <br /> and the filer's spouse in the business entity aggregates a 10 percent or greater interest. In addition, the <br /> disclosure of persons who are clients or customers of a business entity is required only if the clients or <br /> customers are within one of the disclosure categories of the filer. <br />
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