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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 Meeting Schedule 2025
BIDA Business Awards Winners List 2024

 Victory Temple Church Business of the Year-Main Street & Virginia Ave.
 Kinder Kollege- Business of the Year-Old National & Southside Corridor

 Mrs. Pamela Stoner Gay- Legacy Award
 PHOAA- Special Recognition
 Mrs. Jessie Phillips-
Business Community Partnership Recognition Award
 Beyond the View Autism Services -
Best New Businessperson of the Year

       

 Clearly College Park BIDA Board Members

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

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


Selissa Jefferson
BIDA Member
Ward IV 

Mayor  
Bianca Motley Broom
Mayor
Jamelle McKenzie
Mayor Pro-Tem