Industrial Development Authority
- City Clerk
201 S Cortez St
PURSUANT to Arizona Revised Statutes, Section 38-431.01 a Notice of Possible Quorum is hereby given because there may be a quorum of members from Council-appointed Boards, Commissions and Committees attending City Council Meetings and Work Sessions AND/OR there may also be a quorum of City Council members attending Council-appointed Boards, Commissions and Committees; however, no voting will take place.
The Industrial Development Authority was formed on November 11, 1974, by Resolution No. 1022, for the purpose of developing and financing of industry within its corporate limits. ARS Title 9, Chapter 11, and Title 35, Chapter 701, authorizes IDA’s and prescribes their powers, duties and procedures for cooperation with local government bodies. The Board consists of nine (9) members, serving for six (6) year staggered terms, appointed by Mayor and Council. Members may continue to serve until their successors are duly appointed. The Board meets in November of each year.