Industrial Development Authority

• Industrial Development Authority Website
• News Release: Industrial Development Authority Elects Officers

General Purpose

This authority recommends to the Board of Supervisors and, upon Board approval, issues tax exempt revenue bonds in accordance with the Industrial Development and Revenue Bond Act, Chapter 49, Title 15.2, of the Code of Virginia. The authority considers applications for financing certain types of facilities for non-profit organizations and for companies which manufacture or assemble products, and recommends to the Board of Supervisors whether or not approval should be given by the Board to enable such organizations and companies to benefit from financing at lower than normal commercial rates.

Members

There are seven members appointed at-large by the Board of Supervisors.

Meetings

The authority holds regularly scheduled meetings on the fourth Thursday of each month at 3:00 p.m. in a public meeting room in the County Government Center, 1 Harrison Street, S.E. in Leesburg. Special meetings of the authority are called from time to time and the scheduling of such meetings are posted.

Contact

Stephen Robin, General Counsel to the Industrial Development Authority, 703-443-1001.