Contact

Tom Carroll
City Manager
Email

300 E. Washington St.
Lexington, VA 24450
T: 540-462-3700
F: 540-463-5310

Economic Development Authority

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Regular Meetings

5:30 p.m. on the third Wednesday of every month in the Interim City Hall Meeting Room (539 East Washington Street, Second Floor, Lexington, VA 24450)

Members

Member	Four-Year Term End Date
Dennis Ayers	May 1, 2026
Felicia DiPronio Bush	May 1, 2029
Tom Contos	May 1, 2026
Jamie Goodin	May 1, 2028
Camille Miller	May 1, 2028
Katie Pogue	May 1, 2027
Ben Thurman	May 1, 2029

About the Authority

Economic Development Authority Bylaws

The Economic Development Authority (EDA) 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.