Tag Archives: CIDA

Edward Salanga

Edward Salanga Elected President of CIDA

The national law firm of Quarles & Brady LLP announced that Edward Salanga, a partner in the firm’s Phoenix office, was elected president of the City of Chandler Industrial Development Authority (CIDA).

Salanga is a partner in the firm’s Litigation & Dispute Resolution Group and co-chairs the Real Estate and Construction Litigation Subgroup. His real estate and construction practice involves representing owners, lenders and contractors in property and construction-related disputes, including construction contract negotiations, contract performance and payment disputes, construction defect claims, title insurance disputes and mechanics lien, stop notice and bonding issues.

He also represents manufacturers of consumer water treatment products, plumbing components, heavy earth moving equipment and industrial materials and supplies in product liability, warranty and construction disputes. As part of his commercial litigation and direct sales practice, Salanga represents businesses in a variety of disputes in both federal and state courts, as well as in alternative dispute resolution proceedings.

He is a member of the firm’s Diversity Committee and serves as co-chair of the Expert Witness Committee of the American Bar Association Section of Litigation.

Salanga earned his law degree, magna cum laude, from Arizona State University and his undergraduate degree from Vanderbilt University.

CIDA provides tax-exempt financing through industrial revenue bonds for the financing or refinancing of the cost of acquisition, construction, improvement, rehabilitation or equipping of a project. It is a “conduit” lender and do not directly loan their own funds, but rather, “pass funds through” from third parties that purchase CIDA’s bonds and loan them to CIDA’s borrowers.