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DDA appoints MFCI as municipal financial advisor for Tassel Park bonding
Summary
Lauren Nenturini, the township's finance and budget director, recommended MFCI as the municipal financial advisor after a competitive solicitation; the DDA approved the recommendation and the move advances the Tassel Park bonding process.
Lauren Nenturini, Cascade Charter Township's finance and budget director, told the DDA she solicited bids for a municipal financial advisor to assist with bonding for Tassel Park and recommended MFCI as the low bidder with the capacity to perform.
Nenturini said the township had used a similar vendor in 2022 and that following review and clarifying questions she had "no reason not to recommend going with MFCI." The DDA moved and seconded the recommendation and the motion passed with the board's affirmative vote as recorded in the transcript.
DDA staff said the appointment allows the township to move forward with the bonding process and final design work with Trier Group; the board will receive subsequent bond‑related materials and budget impacts as the process continues.
