Industrial Development Authority

Appointment and Membership Seven members appointed by the Town Council on a staggered basis. Terms are four years in length and begin on July 1.
Duties and Responsibilities Own and manage property; make loans to promote industry and develop trade by inducing manufacturing, industrial, governmental, nonprofit and commercial enterprises, and institutions of higher education to locate in or remain in the community.
Meetings Meets at 5:15 PM on the first Monday of the month in the Town Hall. Dates and times are subject to cancellation or adjustment.
Code References Town Code Sec.2-51 thru 56; State Code Sec.15.2-4900

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