DelVal Board and Administration
Each year, on a rotating basis, one of the four counties that created DelVal (Bucks, Chester, Delaware, and Montgomery Counties) appoints a Director with a 5-year term to the DelVal Board of Directors. The Board holds an agenda meeting and a public meeting monthly, normally on the second Monday of each month. Officers are appointed annually at the January reorganization meeting. The Board must authorize all payments of DelVal's funds, approve the issuance of all debt obligations, authorize any hedging transactions, and authorize the origination of all Loans.
Board of Directors
David E. Landau, Esq.
Anand D. Solanki
David A. Nasatir, Esq.
Robert J. Harvie
Dr. Monica Taylor
Trusted Partners with More than 40 Years of Experience in Debt and Risk Management
The Board of Directors appoints the Trustees, Solicitor, and Administrator to manage and conduct DelVal's activities.
TD Bank, N.A., as Trustee, holds all funds and investments and disburses all payments for debt service, hedging transactions, and requisitions. Computershare Corporate Trust, as Co-Trustee, is responsible for preparing the Loan invoices and collecting the Loan repayments, principally through ACH debits.
The Solicitor, Clarke Gallagher Barbiero Amuso & Glassman Law, manages DelVal's legal affairs and serves as DelVal's open records officer.
The Administrator, Calhoun Baker Inc., serves as DelVal's “independent registered municipal advisor” and “qualified independent representative” and manages DelVal's debt, investment, and hedging transactions. The Board and the Administrator must approve the origination of all Loans.
Solicitor and Administrator
Michael P. Clarke, Esq.
Lucien B. Calhoun
Jeffrey T. Calhoun
DelVal Board Meeting Schedule
The Agenda Meetings will be held at 3:00 P.M., and the Public Meetings will be held at 4:00 P.M. The agendas for the meetings will be posted on the DelVal website at least 3 days prior to the meetings. Anyone who wishes to attend a meeting remotely should contact Jeff Calhoun at (215) 402-0270 before 2:00 P.M. on the day of the meeting.
- January 12, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- February 9, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- March 9, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- April 13, 2026 - Bucks County Administration Building, Commissioners’ Conference Room, 5th Floor, 55 E. Court Street, Doylestown, PA 18901
- May 11, 2026 - Commissioners’ Board Room, 313 W. Market Street, 6th Floor, West Chester, PA, 19380
- June 8, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- July 13, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- August 10, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- September 14, 2026 - Delaware County Council Conference Room, 2nd Floor, 201 W. Front Street, Media, PA 19063
- October 5, 2026 - Commissioners’ Board Room, 425 Swede Street, One Montgomery Plaza, Norristown, PA 19401
- November 9, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031
- December 14, 2026 - 1811 Bethlehem Pike, Suite C350, Flourtown, Pennsylvania 19031