Industrial Development Authority (IDA)

1) Documentation: Current Agenda Past Agendas Reports Current LAR Past LARs     Current Minutes and Audio Past Minutes and Audio

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

7

4) Meeting Location

Microsoft Teams (Virtual)

5) Meeting Time

1/19, 2/16, 3/16, 4/20, 5/18, 5/24, 5/25, 6/15, 7/20, 8/17, 9/21, 10/19, 11/16, 12/21

6) Information Sheet

• Bylaws
• Datapage

7) Members

Member	Role	Appointor	Classification
Ms. Meredith Aronson	Vice President	Mayor and Council
Ms. Judy Clinco	President	Mayor and Council
Mr. Tim Kinney	Member	Mayor and Council
Moniqua Lane	Member	Mayor and Council
Ms. Melissa Petro	Secretary	Mayor and Council
Ms. Patricia Schwabe	Member	Mayor and Council
Chris Squires	Member	Mayor and Council

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.