Whenever the city issues or proposes to issue any general obligation bonds, revenue
certificates, bonds, certificates of participation, or other debt or financing obligations
and the services of bond counsel is necessary, the city attorney is hereby authorized
and empowered to select such bond counsel according to the procedure set forth in
this section. The city attorney, in consultation with the chief financial officer,
shall invite qualified persons and firms to submit written competitive proposals based
upon criteria made known in writing to said persons or firms. The city attorney, in
consultation with the chief financial officer, shall review such proposals as are
submitted and shall select bond counsel from such proposals. The city attorney is
further authorized and empowered to recommend bond counsel to the city council. Upon
approval by city council, the mayor shall be authorized to execute any and all contracts
necessary or incidental to such employment.