Notices of Public Hearing
For certain types of private activity bonds, a public hearing (sometimes referred to as a “TEFRA hearing”) is mandated by the IRS to provide a reasonable opportunity for interested individuals to express their views, either orally or in writing, on the issuance of bonds and the nature of the improvements and projects for which the bond funds will be allocated. Please consult your tax lawyer should you have any questions regarding the requirements to satisfy the mandate of Section 147(f) of the Internal Revenue Code of 1986, as amended.
If no information is listed below, there are no public hearings currently scheduled.
HEARING DATE: Tuesday, March 17, 2026, at 11:00 a.m. local time (Arizona Time)
REFERENCE: Copper World LLC, a Delaware limited liability company
– Click the link below the Summary for the Notice in its entirety. File Type: PDF
BRIEF SUMMARY: A public hearing will be held by a representative of the Arizona Industrial Development Authority (the “Issuer”) on March 17, 2026, at 11:00 a.m. local time (Arizona Time), or as soon thereafter as the matter can be heard, regarding the proposed issuance by the Issuer of its revenue notes, bonds or other obligations in one or more series from time to time pursuant to a plan of financing, in an amount not to exceed $450,000,000 (the “Bonds”). The proceeds from the sale of the Bonds will be used to make a loan to Copper World LLC, a Delaware limited liability company (together with its assignees, designees, and related parties, the “Borrower”), to finance and/or refinance, as applicable, all or a portion of the cost of solid waste disposal facilities within the meaning of Section 142(a)(6) of the Code situated approximately 31 miles southeast of Tucson, within Section 35 of Township 17 South Range 15 East, Sections 2, 10, 11, 12, 13, 14, 15, 22, 23, 24, 25, and 36 of Township 18 South Range 15 East, Sections 7, 8, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 27, 28, 29, 30, 31, 32, and 33 of Township 18 South Range 16 East, Section 1 of Township 19 South Range 15 East, and Sections 4, 5, 6, 7, and 8 of Township 19 South Range 16 East, Gila & Salt River Meridian, Pima County, Arizona (collectively, the “Facilities”). The Facilities will be owned and/or operated by the Borrower. For more information and for information on how to attend the public hearing, please see the complete Notice of Public Hearing linked below, which includes toll free dial-in information.
HEARING DATE: Wednesday, March 18, 2026, at 11:00 a.m. local time (Arizona Time)
REFERENCE: CHF – Arizona, L.L.C. (the “Borrower”), an Alabama limited liability company, whose sole member is Collegiate Housing Foundation, an Alabama nonprofit corporation
– Click the link below the Summary for the Notice in its entirety. File Type: PDF
BRIEF SUMMARY: A public hearing will be held by a representative of the Arizona Industrial Development Authority (the “Issuer”) on March 18, 2026, at 11:00 a.m. local time (Arizona Time), or as soon thereafter as the matter can be heard, regarding the proposed issuance by the Issuer of its revenue bonds in one or more series from time to time pursuant to a plan of financing, in a maximum principal amount of $350,000,000 (the “Bonds”) for CHF – Arizona, L.L.C. (the “Borrower”), an Alabama limited liability company, whose sole member is Collegiate Housing Foundation, an Alabama nonprofit corporation and an organization described in Section 501(c)(3) of the Internal Revenue Code of 1985, as amended. The proceeds from the sale of the Bonds will be used to make a loan or loans to the Borrower in order to finance, refinance, or reimburse the Borrower for all or a portion of the costs of the acquisition, construction, improvement and equipping of student residential facilities, including capital and working capital expenditures located at 1900 East Campbell Avenue, Tucson, Arizona 85718, immediately adjacent to the main campus of The University of Arizona (the “University) (collectively, the “Project”). The land on which the Project will be located is being leased to the Borrower by the University. The Project will be owned and operated by the Borrower and managed by the University or a qualified management organization. For more information, including information on how to attend the public hearing, please see the complete Notice of Public Hearing linked below, which includes toll free dial-in information.
HEARING DATE: Friday, March 20, 2026, at 11:00 a.m. local time (Arizona Time)
REFERENCE: Banner Health (the “Corporation”), an Arizona nonprofit corporation
– Click the link below the Summary for the Notice in its entirety. File Type: PDF
BRIEF SUMMARY: A public hearing will be held by a representative of the Arizona Industrial Development Authority (the “Issuer”) on March 20, 2026, at 11:00 a.m. local time (Arizona Time), or as soon thereafter as the matter can be heard, regarding the proposed issuance by The Industrial Development Authority of the County of Maricopa (the “Maricopa County IDA”) of its Revenue Bonds (Banner Health), Series 2026 (the “Bonds”) to provide for a plan of refinancing of certain projects and facilities of Banner Health (the “Corporation”), an Arizona nonprofit corporation, and to pay costs of issuance of the Bonds. The Bonds will be issued in one or more series from time to time and will be issued in a maximum aggregate principal amount not to exceed $1,400,000,000. A portion of the Bonds, up to $775,000,000 in aggregate principal amount (the “Non-Maricopa County Portion”), is expected to be used to refinance the costs of certain projects and facilities of the Corporation located within the State of Arizona but not within the jurisdiction of Maricopa County IDA. The Bonds will be issued as “qualified 501(c)(3)” bonds pursuant to Section 145 of the Internal Revenue Code of 1985, as amended. The projects and facilities to be financed and refinanced with the proceeds of the Bonds in Tucson, Arizona, are owned and operated by the Corporation through its wholly owned affiliates, Banner-University Medical Center Tucson Campus, LLC and Banner-University Medical Center South Campus, LLC. All other projects and facilities described herein to be financed and refinanced with the proceeds of the Bonds are owned and operated by the Corporation. For more information, including information on how to attend the public hearing, please see the complete Notice of Public Hearing linked below, which includes toll free dial-in information.
HEARING DATE: Friday, March 20, 2026, at 11:00 a.m. local time (Arizona Time)
REFERENCE: SMDB LIH 1, LLC, an Arizona limited liability company,
– Click the link below the Summary for the Notice in its entirety. File Type: PDF
BRIEF SUMMARY: A public hearing will be held by a representative of the Arizona Industrial Development Authority (the “Issuer”) on March 20, 2026, at 11:00 a.m. local time (Arizona Time), or as soon thereafter as the matter can be heard, regarding the proposed issuance by the Issuer of its revenue notes, bonds or other obligations in one or more series from time to time pursuant to a plan of financing, in an amount not to exceed $15,000,000, the proceeds of which will be loaned to SMDB LIH 1, LLC (together with any of its successors or affiliates, the “Borrower”), an Arizona limited liability company, to finance and/or refinance, as applicable, all or a portion of the costs of the acquisition, construction, development, improvement, equipping and/or operating of qualified residential rental facilities (including improvements and facilities functionally related and subordinate thereto) which are expected to be comprised of approximately thirty 3-bedroom houses situated on real property generally located on various sites in Arizona City and Eloy, Arizona (collectively, the “Facilities”). The Facilities will be owned and/or operated by the Borrower. For more information, including the addresses of the Facilities, and for information on how to attend the public hearing, please see the complete Notice of Public Hearing linked below, which includes toll free dial-in information.
HEARING DATE: Friday, July 25, 2025, at 11:00 a.m. local time (Arizona Time)
REFERENCE: Flats at Ballpark Village, L.P., an Arizona limited partnership.
– Click the link below the Summary for the Notice in its entirety. File Type: PDF
BRIEF SUMMARY: A public hearing will be held by a representative of the Arizona Industrial Development Authority on July 25, 2025, at 11:00 a.m. local time (Arizona Time), or as soon thereafter as the matter can be heard, regarding the proposed issuance by The Industrial Development Authority of the County of Pima (the “Pima IDA”) of its revenue notes, bonds or other obligations in one or more series from time to time pursuant to a plan of financing, in an amount not to exceed $60,000,000 (the “Bonds”). The Bonds are expected to be used to finance a project located within the state of Arizona but outside of the jurisdiction of the Pima IDA and Pima County, Arizona. The proceeds of the Bonds will be loaned to Flats at Ballpark Village, L.P., an Arizona limited partnership (together with any of its successors or affiliates, the “Borrower”), for the purpose of financing and/or refinancing, as applicable, all or a portion of the costs of the acquisition, construction, improvement, development, equipping and/or operation of residential real property (including improvements and facilities functionally related and subordinate thereto) consisting of approximately 194 units, all or a portion of which will be set aside to provide housing for low- to moderate-income tenants, on certain real property generally located on the southwest corner of South Bullard Avenue and Yuma Road in Goodyear, Arizona, and to be known as “The Flats at Ballpark Village” (collectively, the “Facilities”). The Facilities will be owned and/or operated by the Borrower. For more information, including information on how to attend the public hearing, please see the complete Notice of Public Hearing linked below, which includes toll free dial-in information.