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Sec. 2-624. - Commission members prohibited from acquiring interest in property included within project areas. No member of the community development commission shall acquire any interest in any property included within any project area undertaken by the community redevelopment agency. Sec. 2-625. - Members to disclose financial interest in property included within project area. Each member of the community development commission who owns or has any direct or indirect financial interest in any property included within a project area as designated by the community redevelopment agency, shall immediately make a written disclosure of it to the city council. Sec. 2-626. - Tenant commissioners. Two (2) tenant commissioners shall serve on the community development commission at such times as that commission is acting in the capacity of a housing commission, and at such times the number of members of that commission shall be increased to nine (9). The tenant commissioners shall serve for terms of two (2) years, from the date of their appointments, and their successors shall be tenants. Successors of tenant commissioners shall be appointed for a term of two (2) years. If a tenant commissioner ceases to be a tenant, he or she shall be disqualified as a commissioner and another tenant shall be appointed to fill the unexpired term. Sec. 2-627. - Prohibited interest of commissioner (a) No member of the community development commission shall acquire any direct or indirect interest in any housing project or any property included or planned to be included in any project, nor shall (s)he have any direct or indirect interest in any contract or proposed contract for materials or services to be furnished or used in connection with any housing project. If (s)he owns or controls a direct or indirect interest in any such property, (s)he shall immediately make a written disclosure of it to the housing authority and such disclosure shall be entered upon its minutes. Failure so to disclose his/her interest constitutes misconduct in office. (b) Nothing contained in this section or any provision of the Housing Authorities Law shall be construed as precluding a tenant of the housing authority from serving on the community development commission, provided that the fact of such tenancy is disclosed to the housing authority in writing and entered upon its minutes immediately upon assuming office; nor shall any provisions of this section be construed as in any manner prohibiting the right of such tenant commissioner to exercise his full powers vested in his/her office. Secs. 2-628 - 2-629. - Reserved. Ordinance No. NS-2992 Page 20 of 32