Industrial Development Authority (IDA)2) Description:
The Industrial Development Authority of the City of Tucson, Arizona (the "IDA"), is a non-profit corporation, designated in accordance with Arizona law as a Political Subdivision, to provide lower cost financing for qualified Projects through the issuance of revenue bonds ("Bonds"). The IDA's Bonds are exempt from Arizona income taxation. Similarly, the Bonds can be tax-exempt from federal taxation, provided that they are issued in compliance with the Internal Revenue Code of 1986, as amended (the "Code").
The IDA provides financing of Community Development projects whenever appropriate and where traditional sources of funding may not be available. Committed to improving the standard of living of the residents of Tucson, the IDA also assists first time single family home buyers through it's Mortgage Revenue Bond and Mortgage Credit Certificate Programs.
3) Maximum Number of Members:
74) Meeting Location:
Ward VI Office, Conference Room, 3202 East 1st Street5) Meeting Time:
Meets on the 2nd Thursday of each month; at 3:00 p.m.6) Information Sheet:Datapage
For further information please contact the City Clerk's Office at (520) 791-4213.Datapages for the boards are provided in Adobe PDF format. You'll need the free Acrobat Reader to view the documents.
|Mr. Gary Bachman||Secretary||Mayor and Council|
|Ms. Judy Clinco||Member||Mayor and Council|
|Ms. Evelia Martinez||Treasurer||Mayor and Council|
|Ms. Emily Nottingham||Member||Mayor and Council|
|Ms. Marilyn Robinson||President||Mayor and Council|
|Mr. Adam Weinstein||Vice President||Mayor and Council|