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Chandler Industrial Development Authority AgendaPacket Regular Meeting 2026-06-09

IDA Engages Kutak Rock For Intel Bond IRS Audit

Chandler Housing & Redevelopment DivisionKUTAK ROCK LLPJune 6, 2026

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Description

The Industrial Development Authority approved an engagement letter with Kutak Rock LLP to represent Intel and assist the Authority in responding to an IRS inquiry regarding the 2019 Intel industrial development revenue bonds. Intel will cover all legal costs associated with the audit.

Contract Details

Vendor

KUTAK ROCK LLP

Agency

Chandler Housing & Redevelopment Division, AZ

Contract Type

LEGAL

Document Date

June 6, 2026

Renewal Info

New legal engagement specific to the IRS audit of the 2019 Intel bonds; costs are to be borne by Intel under existing bond arrangements.

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