Common use of Disclosure of Ownership Clause in Contracts

Disclosure of Ownership. Manager shall execute and shall cause its contractors to execute a City Disclosure Affidavit, including the disclosure of retained parties. Pursuant to Chapters 2-92 and 2-154 of the Code, Manager and any person having more than a seven and one-half percent (7½%) direct or indirect ownership interest in Manager, and any person, business entity or agency contracting with Owner shall be required to complete Part I, Disclosure of Ownership Interests, and Part VIII, Certification Regarding Business Relationships with Elected Officials, of the City Disclosure Affidavit.