Industrial Development Authority

About the IDA

Founded in 1980, the St. Johns County Industrial Development Authority (IDA) consists of a 5-member board appointed by the Board of County Commissioners.

The primary purpose of the IDA is to issue tax-exempt bond financing for manufacturing facilities within the county. The IDA can also issue bonds for certain exempt facilities such as water & sewer projects, solid waste and hazardous waste facilities as well as bonds for tax-exempt 501 (C)(3) non-profit organizations. By utilizing the tax-exempt financing, the end user receives a lower interest rate and therefore has a more economically viable project.

The IDA is instrumental in attracting new manufacturing businesses to St. Johns County and expanding existing facilities. Over the past 40 years, the IDA has issued more than $1.3 billion in tax-exempt bonds.

IDA Bond Process

For information on industrial development revenue bonds and the process for obtaining bond financing through the St. Johns County IDA, please review the IDA Bond Process.

Meetings

The IDA meets on the 2nd Monday of each month in the San Sebastian Conference Room, County Administration Building, 500 San Sebastian View, St. Augustine.

Meeting schedule, agendas, and minutes can be found in the calendar below.

Meetings

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Upcoming

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The purpose of each meeting is to discuss IDA issues and any other business of the committee.

Should any monthly meeting date or time change, a separate notice will be posted on this page containing the updated information.

It is anticipated that one or more of the St. Johns County Commissioners may attend and participate at these meetings.

Notice to persons needing special accommodations and to all hearing-impaired persons: In accordance with the Americans with Disabilities Act, persons needing a special accommodation to participate in the proceedings should contact ADA Coordinator, at 904-209-0650 at the St. Johns County Administration Building, 500 San Sebastian View, St. Augustine, FL 32084. For hearing impaired individuals: Florida Relay Service: 1-800-955-8770, no later than 5 days prior to the date of the meeting.