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St. James Township selects MFCI LLC as municipal financial advisor
Summary
Trustee Cole moved and McDonough supported selecting MFCI LLC as the township's municipal financial advisor; the board approved the selection at the June 15 meeting. The minutes do not include contract terms or compensation details.
The St. James Township Board on June 15 approved a motion to select MFCI LLC as the township's municipal financial advisor.
Trustee Cole moved to select MFCI LLC and Trustee McDonough supported the motion; the minutes record that the motion carried. The minutes do not include a roll-call breakdown for this specific motion, nor do they include contract terms, length, fee schedule, or scope of work for MFCI LLC.
The selection was recorded alongside other business items at the special meeting; the minutes do not indicate competing proposals, cost estimates, or a staff recommendation that would clarify selection criteria. The board will presumably formalize engagement terms in subsequent administrative steps, but those are not recorded in these minutes.
