Industrial Development Board
Profile
Members
Purpose
The Industrial Development Board serves as a financial channel for industrial revenue bonds and aids in planning for industrial development. The vision of the board is to promote industry and trade, provide employment opportunities, and encourage investment in the community. The board may acquire, enlarge, improve, replace, own, lease, and dispose of properties as a means to achieve its vision and mission.
| Board Details | Enabling Legislation |
|---|---|
| Consists of nine members | Not less than seven members - Section 11-54-86 Code of Alabama |
| Council appointed | Section 11-54-86 Code of Alabama |
| Qualifications: Members must be registered to vote in Auburn, must be an Auburn taxpayer and may not be an officer or employee of the City of Auburn. Members shall be chosen by the governing body from the membership of the chamber of commerce, board of trade or other similar civic organizations. However, in the judgement of the governing body, members may be chose from outside these civic organizations. | Section 11-54-86 Code of Alabama |
| Six-year terms | Section 11-54-86 Code of Alabama |
| Meets as needed in the City Hall Conference Room | Set by board |