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 Arvada
 Code of Ordinances
 Chapter 30. ELECTIONS
 Article I. IN GENERAL

  § 30-7. Limitations on contributions and contributions in kind.  

Latest version.

  • (a)

    No person or entity shall make contributions or contributions in kind as those terms are defined in C.R.S. § 1-45-103(4), as amended, to a candidate (mayor, at large, or district) or candidate committee which, in the aggregate, exceed $750.00 for mayoral and at large or $500.00 for district in amount or value.

    (b)

    The limitation imposed by subsection (a) of this section shall not apply to:

    (1)

    Contributions of a candidate's personal funds, the funds of the candidate's immediate family, or a business entity in which the candidate owns at least five percent to the candidate's own campaign; or

    (2)

    Any loan which is personally guaranteed in writing by the candidate, the candidate's immediate family, or a business entity in which the candidate owns at least five percent; or

    (3)

    Any loan which is secured by real or personal property owned by the candidate, the candidate's immediate family, or a business entity in which the candidate owns at least five percent.

    For purpose of this section, the term "immediate family" shall include spouse, child, parent, or sibling whether by blood, adoption, marriage, or common-law marriage.

    (c)

    The limitation imposed by subsection (a) of this section shall apply only to regular municipal and special elections.

    (d)

    The limitation imposed by subsection (a) of this section shall apply only to contributions or contributions in kind made directly to the candidate or candidate committee in a municipal election.

    (e)

    There shall be no violation of this article in the event that a:

    (1)

    Monetary contribution, in excess of the amount set forth in section 30-7, is returned to the contributor as set forth in section 30-8.

    (2)

    Candidate uses good faith in attempting to place a reasonable estimate of fair market value on a contribution in kind in excess of the amount set forth in section 30-7, and the value of such excess contribution in kind or the actual excess contribution in kind is returned to the contributor as set forth in section 30-8.

(Code 1981, § 11-7; Ord. No. 3511, § 2, 2-1-1999)