§ 36. Disqualification of members and employees of authorities. No
member or employee of an authority shall acquire any interest direct or
indirect in a project or in any property then or thereafter included or
planned to be included in a project, nor retain any interest direct or
indirect in any property acquired subsequently to his appointment or
employment which is later included or to his knowledge planned to be
included in a project, nor shall he have any interest direct or indirect
in any contract or proposed contract for materials or services to be
furnished or used in connection with any project. If any member or
employee of any authority owns or controls an interest direct or
indirect in any property included in any project, which was acquired
prior to his appointment or employment, he shall disclose such interest
and the date of acquisition thereof in writing to the authority prior to
such appointment and such disclosure shall be entered upon the minutes
of the authority.