Economic Development Authority

Meetings

  • 3rd Thursday of every month
  • 9401 Courthouse Road
    Economic Development Conference Room
    Chesterfield, VA  23832

Agendas & Minutes

View Economic Development Authority agendas and minutes.

Members

  • Terri Cofer Beirne, At-large representative
    Term expires June 30, 2019
  • John Cogbill, At-large representative
    Term expires June 30, 2021
  • Arthur Heinz, At-large representative
    Term expires June 30, 2019
  • John Hughes, At-large representative
    Term expires June 30, 2020
  • Lloyd Lenhart, At-large representative
    Term expires June 30, 2019
  • C. Harril Whitehurst, At-large representative
    Term expires June 30, 2020
  • James Dale Patton, At-large representative  
    Term expires June 30, 2022

Membership

  • Number of Members: Seven
  • Comments: Members must take an oath and be sworn in by the Circuit Court Clerk following appointment by Board of Supervisors.
  • Term of Service:  Four-year term

Purpose

The Chesterfield Economic Development Authority (CEDA) works in conjunction with the Department of Economic Development to help create new jobs, expand the tax base and diversify the economy of Chesterfield County. The CEDA is chartered through a state law that allows cities and counties to create industrial or economic development authorities with wide-ranging powers, not available to local governments, in order to facilitate economic development opportunities within the community.

Among other things, the CEDA has the power to buy, sell and develop land for business parks or other economic development purposes. It can also build facilities for sale or lease to private companies; issue taxable and tax-exempt Industrial Revenue Bonds to provide financing for facilities and machinery and provide incentives to attract new companies to Chesterfield County or to induce existing companies to expand.

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