Government > City Officials > Boards and Commissions > Industrial Development

Industrial Development Agency

The purpose of the Industrial Development Agency is to to promote, develop, encourage and assist in the acquiring, constructing, reconstructing, improving, maintaining, equipping and furnishing industrial, manufacturing, warehousing, commercial, research and recreation facilities. The Agency aims to protect and promote the health of the inhabitants of the City of Albany by the conservation, protection and improvement of the natural and cultural or historic resources and environment and to control land, sewer, water, air, noise or general environmental pollution derived from the operation of industrial development.

The agency consists of seven members as well as a CEO, CFO and Agency Council. Members are appointed by Common Council to three-year terms and must be residents of the City of Albany and whenever possible shall have a general background or expertise in industry, business, economic development, urban planning or banking, and possess a commitment to the revitalization of the City.

Members

Agency Staff

Committees

Audit Committee

Governance Committee

• Susan Pedo
• Pairie Wells
• Gary Simpson
• Martin Daley

Meetings

Meetings of the IDA meet every third Thursday of the month at 12:15 p.m. at 21 Lodge Street

Laws

City of Albany General Code Chapter 42 Part 25 Article XXXVI Section 42-288
New York State General Municipal Law Article 18-A Sections 850 to 888 and Section 903-A

Contact Information

Erik Smith, CFO
Industrial Development Agency
City of Albany
21 Lodge Street
Albany, New York 12207
Phone: (518) 434-2532

For more information, please visit the Industrial Development Agency page in the Business section.