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4 Section 3. Ethical Considerations Public Officials are to serve all persons fa irly and equitably with out regard to their personal or financial benefit. The credibility of Roseville government hinges on the proper discharge of duties in the public interest. Public Offi cials must assure that the independence of their judgment and actions, without any consideration for personal gain, is preserved. Specific ethical violations are enumerated belo w for the guidance of Public Officials, but these do not necessarily encompass all the po ssible ethical considerations that might arise. A. Other Offices or Employment . An elected Public Official shall not hold another incompatible office, as that term has been interpreted fro m time to time by statute, the courts, and by the Attorney General. Employed Public Officials shall not hold such incompatible office nor shall they engage in any regular outside employment without notice to and approval by the C ity Council, in the case of the City Manager, and the City Manager in the cas e of other employed Public Officials. Elected and appointed Public Officials shall not hold other office or employment which compromises the perform ance of their elected or appointed du ties without disclosure of said office or employmen t and self disqualif ication from any particular action which might be compromised by such office or employment. B. Use of Confidential Information . No Public Official sha ll use information gained as a Public Official which is not generally made available to and/or is not known to the public, to directly or indirectly gain anything of value. C. Solicitation of or Receipt of Anything of Value . A Public Official shall not solicit or receive anything of valu e from any person or associati on, directly or indirectly, in consideration of some action to be take n or not to be taken in the performance of the Public Official's duties. D. Holding Investments . No Public Official shall hol d any investment which might compromise the performance of the Public Official's duties without disclosure of said investment and self disqualificati on from any particular action which might be compromised by such investment, exce pt as permitted by statute, such as Minnesota Statute 471.88. E. Representation of Others . A Public Official shall not represent persons or associations in dealings with the City where the persons or associations have paid or promised to pay compensa tion to the Public Official.