Tag Archives: State Transportation Board

A Guide to Applying for a Bank Loan

National Bank of Arizona Elects New Board

National Bank of Arizona (NB|AZ) announced the appointment of three prominent business leaders as new members to its Board of Directors. The distinguished members elected to join the Board include David N. Beckham, real estate developer and co-founder of Beckham Gumbin Ventures; Tracy Bame, president of Freeport-McMoRan Copper & Gold Foundation; and Steve Christy, Vice Chair of ADOT’s State Transportation Board.

The current Board made a strategic decision to elect three additional members to expand the Board for greater bandwidth, a stronger element of diversity and to broaden community representation.

“The criteria we used for selecting candidates for the Board was in keeping with the high standards of excellence we adhere to as a bank,” said Keith Maio, CEO and president, National Bank of Arizona. “We appointed three leaders with an excellent reputation and the best in their field of work.”

“I’m honored to serve on the NB|AZ Board with individuals of such high integrity,” said incoming member, David N. Beckham. “I’m fortunate to have had long-term relationships with some of the current members of the Board, and I look forward to being a productive addition in supporting the vision of this strong financial institution.”

“National Bank of Arizona is an organization that clearly is committed to being an outstanding business and community partner,” said Tracy Bame. “Adding new directors that bring expanded insight and perspective to the Board is continued demonstration of this. I’m privileged and thrilled to accept the invitation to serve the bank in advancing these goals across the state in every way I can.”

“I am truly looking forward to serving as a director with NB|AZ,” added Steve Christy. “I hope to bring to the bank a voice from southern Arizona, and will offer my connections within this community to further the bank’s Tucson interests in any way possible.”

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Arizona plans road projects with reduced funding

The Arizona Department of Transportation says it will be working with $350 million less as it maps out construction projects for the next five years.

The department says the decreased funding is due to stagnant revenue from gas and vehicle license taxes, and declining federal aid. Director John Halikowski says some tough decisions will have to be made about how to spend limited dollars.

The public can begin submitting comments on three scenarios Friday. One focuses on preserving the state’s highway system, another focuses on major projects, and the third is a combination of those two.

Public hearings are planned in Phoenix, Tucson and Flagstaff.

The State Transportation Board is expected to adopt a final plan to cover 2014 to 2018 at its June meeting in Pinetop-Lakeside.