9. ORDINANCE NO. 2232 - ISSUANCE OF UTILITY SYSTEM REVENUE REFUNDING BONDS, SERIES 2021: THE CITY COUNCIL WILL CONSIDER ORDINANCE NO. 2232 AUTHORIZING THE ISSUANCE OF UP TO $4,200,000 IN PRINCIPAL AMOUNT OF CITY OF PORTLAND, TEXAS, UTILITY SYSTEM REVENUE REFUNDING BONDS, SERIES 2021; AUTHORIZING THE SALE THEREOF PURSUANT TO A NEGOTIATED UNDERWRITING, A COMPETITIVE SALE, OR A PRIVATE PLACEMENT; DELEGATING AUTHORITY TO CERTAIN CITY OFFICIALS TO DETERMINE THE METHOD OF SALE, TO SELECT UNDERWRITERS (IF THE BONDS ARE TO BE SOLD PURSUANT TO A NEGOTIATED UNDERWRTING), TO SELECT OUTSTANDING BONDS TO BE REFUNDED, AND TO APPROVE ALL FINAL TERMS OF THE BONDS; APPROVING AND AUTHORIZING THE EXECUTION OF ALL INSTRUMENTS AND PROCEDURES RELATED THERETO INCLUDING A PAYING AGENT/REGISTRAR AGREEMENT, AN ESCROW AGREEMENT OR DEPOSIT AGREEMENT, AND A PURCHASE CONTRACT; AUTHORIZING THE PREPARATION AND DISTRIBUTION OF AN OFFICIAL STATEMENT, IF NECESSARY; CALLING CERTAIN OBLIGATIONS FOR REDEMPTION, AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT – DIRECTOR OF FINANCE AND CONSULTING FINANCIAL ADVISOR