An official is prohibited from bidding upon, or otherwise obtaining, any property which is unneeded or surplused by the borough unless that official can satisfactorily demonstrate to the borough manager, or borough assembly in the case of the borough manager, borough attorney, or borough clerk, that no reasonable conclusion could be made that the official possessed knowledge about the property which would not be readily obtainable or observable to a member of the general public. [Ord. No. 1366S, §1, 11-21-05. Code 1974 §5.37.060.]