Local Development Finance Authority

Meetings

  • 4 pm
  • 4th Thursday of every month

Members

  • Mike Beck
    Term expires: September 15, 2025
  • Sue Damron
    Term expires: September 15, 2025
  • Desmond Kirkland
    Term expires: September 15, 2027
  • Jason LaForge
    Term expires: September 15, 2025
  • J.P. Walters
    Term expires: September 15, 2024
  • Catherine Yates
    Term expires: September 15, 2024
  • Matt Davis, Kellogg Community College Appointee
  • Becky Jones, Marshall Public Schools Appointee
  • Amanda Lankerd, Marshall Public Schools Appointee
  • Diane Thompson, Calhoun County Appointee
  • Derek Perry, City Manager
  • Council Liaison: Ryan Traver

Overview

The Local Development Finance Authority (LDFA) is a board that is established through state statute to implement development plans for industrial districts. The LDFA is a tax increment financing authority which collects any additional taxes raised from any building improvement that occurs after its date of establishment.