Our mission
rentention
Working to help keep local businesses afloat.
expansion
The IDA is committed to expanding economic development and business enterprise.
attraction
It all begins with an idea.
ABOUT INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF SCOTTSDALE, ARIZONA The Industrial Development Authority of the City of Scottsdale, Arizona (IDA) is a nonprofit corporation designated a political subdivision of the State of Arizona. The IDA was incorporated on June 15, 1984 and its formation was approved by the Scottsdale City Council. The IDA has the legal ability to issue taxable and tax-exempt revenue bonds for projects permitted by Arizona law. Financing undertaken by the IDA often results in below market interest rates. Projects approved by the IDA are subject to final approval by the Scottsdale City Council.
MISSION The IDA is committed to expanding economic development and business enterprise for the City of Scottsdale, Arizona. The primary mission of the IDA is to promote the retention, expansion and attraction of businesses and commercial enterprises in the City of Scottsdale and to expand employment opportunities. In addition, the IDA supports community programs that enhance the City of Scottsdale through the IDA’s Community Grant Program
who are the ida members
Seven (7) member Board of Directors
All members of the Board of Directors of the IDA are appointed by the Scottsdale City Council.
Officers of the IDA are elected by the Board of Directors.