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(A) Except where authorized by ordinance, an elected official of the borough may hold no other compensated borough office or elected position under the state or borough while in office.

(B) For one year after he leaves office, an assembly member or school board member elected under this charter may hold no compensated borough office or employment that was created, or the salary or benefits of which were specially increased during his last year in office by the body of which he was a member. This section does not apply to employment by or election to a charter commission.

(C) For purposes of this section, an independent contractor engaged through competitive bidding is not considered to be a borough employee.