No attorney or firm of attorneys employed as counsel by a company may serve as legal counsel, including bond counsel, to the city in connection with any project or proposed project for the company. No attorney or firm of attorneys employed as counsel by an underwriter may serve as legal counsel, including bond counsel, to the city in connection with any project or proposed project for the company involved. No person or firm employed as financial consultant, advisor or underwriter by a company may serve as financial advisor to the city, and no financial advisor to the city for a particular issue of bonds may purchase or agree to purchase bonds from the city unless the bonds are offered by the city at a public sale upon publication of a notice inviting bids.
(1995 Code, § 12.04.030)