Boards & Commissions

Industrial Development Authority (IDA)

1) Documentation:

Current AgendaPast Agendas Reports
Current LARPast LARs    
Current Minutes and AudioPast Minutes and Audio    

Current LAR:

There are no new Legal Action Reports this month.

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


4) Meeting Location

Ward 6 Council Office, East Conference Room, 3202 East 1st Street. Meeting notices posted at 335 N. Wilmot Rd., Suite 420, and City Hall, 255 W. Alameda

5) Meeting Time

2nd Thursday of each month; at 3:00 p.m.

6) Information Sheet

7) Members

Mr. Gary Bachman1st Vice PresidentMayor and Council
Ms. Judy ClincoMemberMayor and Council
Mr. Lawrence LuceroMemberMayor and Council
Ms. Evelia MartinezSecretary/TreasurerMayor and Council
Ms. Mary (Emily) Nottingham2nd Vice PresidentMayor and Council
Ms. Marilyn RobinsonPresidentMayor and Council

For further information please contact the City Clerk's Office at (520) 791-4213.

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