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Business & Industrial Development Authority

PURPOSE, POWERS, AND OVERVIEW

OF THE CITY OF COLLEGE PARK

BUSINESS INDUSTRIAL DEVELOPMENT AUTHORITY (BIDA)

 

Purpose:

The Authority was created by an Act of the General Assembly in 1980 to: 


Acquire, construct and operate public projects, buildings, and facilities….with the right to lease or sell any such real property;


Attain development and promote general welfare, trade, commerce, industry, and employment opportunities;


Ascertain and designate blighted areas and address these areas through tools like acquisition and disposition.

 

Powers:

Authority to acquire, develop, lease, sell, and dispose of real and personal property, to contract for and develop projects necessary or convenient to accomplish BIDA’s corporate purposes. To accept loans and borrow money and issue negotiable revenue bonds.

 

Overview:

The College Park Business and Industrial Development Authority, also know as the Clearly College Park Development Authority, was established primarily as a financing mechanism to further the community’s economic development initiatives. The tools available to this end include the disposition of real estate, public-private financing (bonds, payments-in-lieu-of taxes) and other incentives. Seven members comprise the Board – the Mayor and members appointed by Mayor and Council of College Park.

 
BIDA 2024 Meeting Agenda Schedule.pdf
BIDA Business Awards WINNERS LIST 2023 .pdf


 Virgil's Gullah Kitchen & Bar Business of the Year-Main Street & Virginia Ave.
 Airborne Gymnastics Club USA- Business of the Year-Old National & Southside Corridor

 Councilman Roderick Gay- Legacy Award
 Love Beyond Walls- Special Recognition
 Bobby Wilson (Metro Atlanta Urban Farm)-
Business Community Partnership Recognition Award
 Booker T. Washington(South Park Cottages) -
Best New Businessperson of the Year
       

 Clearly College Park BIDA Board Members

Wyatt  
Tracey Wyatt
BIDA Board Chair
Ward III 
Subrenia Willis
BIDA Board Vice Chair At-Large

Dr. Leithea Williams
BIDA Board Secretary-Treasurer
Ward I
Lisa Parker
 BIDA Member 
Ward II


Selissa Jefferson
BIDA Member
Ward IV 

Mayor  Mayor Pro Tem
Bianca Motley Broom
Mayor
Roderick Gay
Mayor Pro-Tem