Sec. 2-107.  Prohibition of interest; adoption of state law.


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


Section 16-502 of the Revised Statutes of Nebraska is hereby incorporated into this article.  (Ord. No. 3078, § 7, 7-6-82; Ord. No. 5080, § 4, 7-20-09; Ord. No. 5294, § 1, 6-2-14; Ord. No. 5334, § 1, 2-2-15)