City of Oak Ridge Industrial Development Board
PURPOSE:
The purpose of the Board is as prescribed by the Industrial Development Corporation Act of Tennessee as set forth in the State statute. These powers enable the Board to acquire, own, lease and dispose of properties to promote industry and to develop trade by attracting manufacturing, industrial and commercial enterprises to Oak Ridge. Bonds can be issued by the Board. Click here to view the IDB's Charter. On December 12, 1988, Council delegated to the Board the authority to sell certain City-owned industrial properties. On October 12, 2010, Oak Ridge City Council approved by Resolution 10-99-10 the 2010 PILOT Reauthorization, which allows the IDB to offer Payment In Lieu of Tax (PILOT) agreements for industrial and commercial projects within prescribed guidelines.
COMPOSITION:
The Board is comprised of nine (9) members. Members are elected by Council for six-year staggered terms of office. Five (5) members constitute a quorum and the concurring vote of a majority of those members present at a meeting is required for board action.
MEETINGS:
The Board typically meets on the first Monday of each month.
2013 IDB Roster
| Board Members | Term Expires | |||
| David E. Wilson, Chair |
December 31, 2014 | |||
| Harold D. Osucha, Vice-Chair | December 31, 2018 | |||
| Harold E. Trapp, Secretary/Treasurer | December 31, 2014 | |||
| Richard Chinn |
December 31, 2016 | |||
| Louise Dunlap |
December 31, 2014 | |||
| Melissa Freiderich |
December 31, 2016 | |||
| David L. Mason |
December 31, 2018 | |||
| Buzz Patrick | December 31, 2016 |
Sandy Sexton
Administrative Assistant
Oak Ridge Industrial Development Board
c/o The City of Oak Ridge
PO Box 1
Oak Ridge, TN 37831-0001
865•425•3414
sbsexton@cortn.org
Ken Krushenski
City of Oak Ridge Attorney
City of Oak Ridge
P.O. Box 1
Oak Ridge, TN 37831
865•425•3530
kkrushenski@cortn.org
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