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Industrial Development Authority

The seven members encourage manufacturing, industrial and commercial enterprises to locate and remain within the City by making low-interest loans available for qualifying projects through the issuance of tax-exempt bonds.

The Authority's Board of Directors review proposed projects to ensure that each constitutes an appropriate candidate for financing in furtherance of the Authority's purpose. Each financing must meet state bond law requirements and, unless issued on a taxable basis, must also meet state and federal income tax rules for tax-exempt bonds.

Meetings usually held the 2nd Tuesday of every month.
7:30 a.m.
88 E. Chicago Street
Call 782-2254 for information.     

Members
Requirements: 7 members (6 yr term); Must be a qualified elector; resident of the City 1 year preceding appointment.

The term of each member shall be for six (6) years, and each member shall serve until his/her successor is appointed and qualified. Any vacancy in office during the term shall be filled by the Mayor with approval of the Council for the unexpired term.

Members (7) Term Expires  Date Appointed
David Rose 05-01-2015 09-13-2012
Shannon Wilson 05-01-2015 04-24-2003 
Kurt Johansen 05-01-2019  06-13-2013
Doug Kimball 05-01-2015 04-23-2009
Bill Nolde 05-01-2016 04-25-2013
Victor Napolitano 05-01-2019 06-26-2014
Ed Salanga 05-01-2019 10-25-2007
     
Staff Liaison
Dawn Lang
Management Services Director
  480-782-2255

Revised 07-14-2014

Established 10-8-79 Resolution No. 842

Online Application To Serve on Boards and Commission

If you have any questions call the City Clerk's Office at 480-782-2180.