Industrial Development Authority
The Industrial Development Authority (IDA) of the County of Boone is a local quasi-governmental corporation organized under Chapter 349 of the Revised Statute of Missouri. The IDA was formed in 1979 to facilitate the issuance of tax-free industrial development bonds for the development of commercial, industrial, agricultural and manufacturing facilities in the county. The IDA is governed by a nine member board that is appointed by the Boone County Commission.
Members of the IDA must be duly qualified electors of and taxpayers in the county or municipality. No member shall be an officer or employee of the county or municipality. Members shall be a resident taxpayer for at least one year prior to their appointment. Members are appointed by the Boone County Commission for a term of 6 years and no less than three members of the Board shall reside in unincorporated areas of Boone County. One member of the Boone County Commission serves on the IDA as a non-voting member. Currently Presiding Commissioner Kip Kendrick represents the Commission on the IDA Board. The Board currently employees a Legal Counsel, who also acts as point of contact for the board regarding all offical communication and legal matters. Contact information for our current legal counsel is listed below.
Term: 6 years