Economic Development Investment Board

Pursuant to KRS Chapter 103

Legislation

Bylaws

The Economic Development Investment Board’s main priorities are:

1. To support business growth and job creation.
2. The continued growth of Lexington’s tax base.
3. To take actions that enhance the economic well-being of the community.

The Economic Development Investment Board’s primary functions are:

• To review applications and make recommendations regarding:
  • the issuance of Industrial Revenue Bonds; and
  • allocation of Jobs Funds dollars;
• To review and approve funding recommendations for:
  • Community Economic Development Partners;
  • The Economic Development Grant; and
  • Other applicable workforce programming recommendations