Lexington, VA
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Contact
Tom Carroll
City Manager
Email
300 E. Washington St.
Lexington, VA 24450
T: 540-462-3700
F: 540-463-5310
Economic Development Authority
Regular Meetings
5:30 p.m. on the third Wednesday of every month at the City Hall Second Floor Meeting Room (300 East Washington Street, Lexington, VA 24450)
Members
| Member | Four-Year Term End Date |
|---|---|
| Dennis Ayers | May 1, 2026 |
| Felicia DiPronio Bush | May 1, 2025 |
| Tom Contos | May 1, 2026 |
| Jamie Goodin | May 1, 2028 |
| George Graves | May 1, 2025 |
| Camille Miller | May 1, 2028 |
| VACANT | May 1, 2027 |
About the Authority
The Economic Development Authority (IDA) issues tax exempt industrial revenue bonds on behalf of organizations wishing to seek tax exemption for their projects.
For more information, contact Tom Carroll, secretary of the EDA, at 540-462-3700.
The Lexington City Council voted (6-0) on November 7, 2024 to officially change the name from the Industrial Development Authority to the Economic Development Authority.
Economic Development Authority Purpose Statement
The Economic Development Authority (EDA) promotes economic development that retains and increases the tax base, job creation, and measurable improvements to the economic well-being of the community. This includes issuing tax exempt industrial bonds on behalf of the qualifying non-profit business sector.
Economic Development Authority Meeting Packets
11-18-2013 Industrial Development Authority Meeting Packet- 08-07-2013 Industrial Development Authority Meeting Packet
- 06-20-2013 Industrial Development Authority Meeting Packet
- 05-20-2013 Industrial Development Authority Meeting Packet
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