The Northampton County Industrial Development Authority (NCIDA) was created by Northampton County in March of 1969 and allows manufacturing companies and non-profit entities in the County access to tax-exempt financing. Section 103 of the Internal Revenue Code allows bonds to be issued on behalf of certain classifications of non-governmental entities. Transactions initiated through an IDA of local origin, the NCIDA in our case, are not financial obligations of the creating municipality (County of Northampton ).