A 7 member board appointed by the City Council for 6 year terms.
All members are required to be city residents at time of appointment and maintain city residency during the entire term of office. A City Council member shall be appointed by such to serve as an informal liaison to this board.
The Industrial Development Board is a public corporation established pursuant to TCA 7-53-101 et seq. The Industrial Development Board has authority to authorize industrial development bonds under state and federal statute and has other enumerated powers.