Direct and predictable effect.
San José Municipal Code § 12.22.230
in effect12.22.230 - Direct and predictable effect.
A. A particular matter will have a "direct effect" on a financial interest if there is a close causal link between a City Council action in the matter and any expected effect of the matter on the financial interest. An effect may be direct even if it does not occur immediately. A particular matter will not have a direct effect on a financial interest if the chain of causation is attenuated or is contingent upon the occurrence of events that are speculative or that are independent of and unrelated to, the matter. A particular matter that has an effect on a financial interest only as a consequence of its effect on the general economy does not have a direct effect within the meaning of this section.
B. A particular matter will have a "predictable effect" if there is a real, as opposed to a speculative possibility that the matter will affect the financial interest. The magnitude of the gain or loss is immaterial.
(Ord. 29461.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT12ETOPGOPR_CH12.22APIM_PT2DE_12.22.230DIPREFFetched: 11/1/2026