GROSSE POINTE FARMS, Mich., July 17, 2015 /PRNewswire/ -- Meredith A. Shanle, President of Municipal Financial Consultants Incorporated, announced today that former Oakland County Official, James H. Van Leuven, will become Senior Vice President of the firm on August 1, 2015.
Mr. Van Leuven retired as the Deputy Oakland County Treasurer in 2013, after 35 years with the County in various capacities. Since then he has continued to serve as the Chairman of the Oakland County Retirement and Deferred Compensation Board.
Mr. Van Leuven is succeeding Dale Dies who has taken a new position with a firm in Ann Arbor, Michigan.
Van Leuven has served as a member of the Oakland County Retirement and Deferred Compensation Board for over 25 years and has served as its Chairman since 2006. It was during his term as Chairman that Oakland County became the first municipality in Michigan to fully fund its retirees' healthcare obligations through a complicated $551,985,000 financing which resulted in Oakland County being one of the first municipalities in the country to fully fund its retiree healthcare obligations. MFCI served as financial advisor to the County on that transaction.
Van Leuven is also a past president of the Michigan Government Finance Officers' Association. From 1985 through 2000 Van Leuven served as a Deputy Oakland County Treasurer and from 2009 through 2013 he served as the Oakland County Treasurer's appointed Chief Deputy. Van Leuven has also served as Chief Deputy Clerk /Register of Deeds (from 2003 to 2009) and from 2000 to 2003 as Administrative Director of the Oakland County Board of Commissioners.
"Jim Van Leuven's broad experience in municipal finance will be a great asset to our firm in the future." according to John Axe, Chairman of MFCI which was incorporated by Axe in 1981.
MFCI is one of the earliest financial consultants in Michigan to advise clients with respect to borrowings for retiree healthcare and pension obligation bonds and Van Leuven will be devoting a substantial amount of his time in this area of work.
MFCI serves as Financial Advisor to counties, cities, townships, and other municipal authorities in Michigan. In the past 12 months, the firm has successfully marketed municipal bonds and notes for 33 counties including the Counties of Oakland, Washtenaw, Berrien, Jackson, Van Buren, Crawford and Dickinson; the Cities of Warren and Portage; the Townships of Shelby, Benton, Hartland; and the Waterford School District and a number of Drainage Districts including Oakland-Macomb Interceptor Drain Drainage District. All of these 33 securities sales, which totaled in principal amount over $232,000,000 were marketed at competitive sales. In August of 2014, MFCI served as financial advisor on a $32,545,000 refunding bond issue for the City of Warren, which was the largest competitive municipal bond issue to be sold in the past year in Michigan.
SOURCE Municipal Financial Consultants Incorporated