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-3- <br /> • Clearly, the "ABC" Company will reap a "substantial economic <br /> interest"1 from "A's" "participation" in the consideration by the "XYZ" <br /> Parish Council of both the application to rezone property owned by the <br /> "ABC" Company as well as the "transaction involving the governmental <br /> entity"2 culminating in the adoption of resolutions and ordinances <br /> 1 Section 1102 (21) defines "substantial economic interest as <br /> follows: <br /> "1102. Definitions <br /> (21) 'Substantial economic interest' means an <br /> economic interest which is of greater benefit to the <br /> public servant or other person than to a general <br /> class or group of persons, except: <br /> (a) The interest that the public servant <br /> has in his position, office, rank, salary, <br /> • per diem, or other matter arising solely <br /> from his public employment or office. <br /> (b) The interest that a person has as a <br /> member of the general public." <br /> 2 Section 1102 (23) of the Code defines "transaction involving <br /> the governmental entity" as follows: <br /> "1102. Definitions <br /> * * * * * <br /> (23) 'Transaction involving the governmental <br /> entity' means any proceeding, application, <br /> submission, request for a ruling or other <br /> determination, contract, claim, case, or other such <br /> particular matter which the public servant or former <br /> public servant of the governmental entity in <br /> question knows or should know: <br /> (a) Is, or will be, the subject of action <br /> by the governmental entity. <br /> (b) Is one to which the governmental <br /> entity is or will be a party. <br /> (c) Is one in which the governmental <br /> entity has a direct interest. A <br /> transaction involving the agency of a <br /> governmental entity shall have the same <br /> meaning with respect to the agency." <br />