Mark Clear Tries to Make Good

After-the-fact ethics? I guess he decided he does have an ethics problem and he’s trying to fix it. Extra agenda item for tonight’s Common Council Meeting.

On Friday, Mark Clear sent the following email to the Common Council:

>
From: “Clear, Mark”
Date: October 13, 2017 at 4:55:54 PM CDT
To: CN GROUP
Subject: Reconsideration of Exact Sciences TIF loan (Legistar 48934)

Dear Colleagues,
I wanted to give you a heads up, because nobody likes surprises, that I have asked President Rummel to place this item on an addendum for next week’s council meeting.

I am moving reconsideration so that I can disclose, before voting, my 0.00004% equity stake (48 shares out of 119,100,000 extant) in Exact Sciences. While this stake is far below the MGO ethics code threshold of 2%, I have been threatened with an ethics complaint and I would rather waste a few minutes of the Council’s time to cure any supposed conflict, than many hours of the ethics committee and the City Attorney, not to mention the cost to the city of my attorney’s fees should I prevail.

See you on Tuesday,

Mark Clear

And then yesterday this addendum to the Common Council agenda appeared . . . its the reconsideration of Exact Sciences.