Industrial Development Authority

  • 8 a.m.
  • The first Friday of every month
  • Applied Research Center
  • Meetings last approximately 2 to 3 hours
  • 7 General Public Representatives
Term of Appointment
  • 4 years
$50 per meeting with a maximum of $150 per month for regular board members. The Chairman and Vice-Chairman's maximum compensation is $250 per month.

The purpose of Industrial Development Authority (IDA) is to promote the economic development and diversification of the city's employment and tax base. The Authority will have all the powers conferred upon such a development entity pursuant to the Code of Virginia.