Indianapolis Public Finance Group

 

 Randy G. Ruhl, Executive Vice President, Manager of the Public Finance Department. Mr. Ruhl joined City Securities in May, 1988 after spending nearly 10 years with a local financial institution working extensively in the commercial lending and investment banking divisions.  In addition to his role as the manager of the Public Finance Department, Mr. Ruhl’s current responsibilities include all public finance activities in structuring new project financings and refinancings for Indiana school corporations, counties, cities, towns and libraries.  Mr. Ruhl also coordinates public finance activities with the state of Indiana and its agencies; in addition to, multi-family housing issues and 501(c)3 financings. He has spent over 27 years in the financial services industry.  Mr. Ruhl holds a B.S. from Indiana University.



James A. Merten, Vice-Chairman of the Board. Mr. Merten is an investment banker with the public finance department and has been continuously employed at City Securities Corporation since his graduation from Indiana University in 1973. Mr. Merten has spent over 34 years in the municipal finance department and has been actively engaged with all phases of municipal finance. Since 1985, he has devoted all of his efforts to public finance, structuring new money and refunding issues for state authorities, state universities, 501(c)3 corporations, local school district lease financings, and bond banks, etc. Mr. Merten was appointed president of City Securities in 1992. He relinquished the presidency in 1999 to become the vice-chairman of City Securities Corporation’s board of directors and to spend more time in public finance.  

 Damian Maggos, Vice President. Mr. Maggos joined City Securities in 1995 in the public finance department and moved his office to Indianapolis in 2000. He concentrates his practice on the financing of school district bonds throughout Indiana . He has experience with bond banks and the financing of utility revenue bond programs. Mr. Maggos received his bachelor's degree from Northwestern University and his master's degree in business administration from the University of Notre Dame.



John D. Fritz, Vice President. Mr. Fritz has been with City Securities since January, 1982. Prior to becoming a full time analyst for the Public Finance Department in 1987, Mr. Fritz had trading and underwriting responsibilities in the Municipal Bond Department. Mr. Fritz provides detailed cash flow structuring scenarios on both refunding and new money issues. Mr. Fritz received his bachelor degree from Parks College of St. Louis University and his master's degree in business from Phillips University. Mr. Fritz maintains his Series 7 and Series 53 NASD license.


Kelly L. McNairy, Public Finance Banking Associate. Ms. McNairy joined City Securities in 2004. Her responsibilities include assisting the Public Finance department with new money issues and the refinancing of tax-exempt issues. Ms. McNairy was previously employed by an investment management firm located in Indiana and has spent 7 years in the financial services industry.Ms. McNairy holds a B.A. from Purdue University and maintains her Series 6, 7 and 63 NASD licenses.



 Rosemary S. Lyons, Assistant, Public Finance Department. Rosemary has been with City Securities Corporation since January, 1977. Ms. Lyons coordinates all bond issue documentation for the public finance bankers, including financing proposals, preparation of official statements, new issue rating requests, municipal bond insurance applications and bond purchase contracts. Ms. Lyons also assists the Municipal Bond Department.