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IDB ad hoc members press for clearer role on bonds, TIFs and minority business participation
Summary
Ad hoc board members urged the Industrial Development Board to be more active in recommending strategic deals that support housing, jobs and minority‑owned small businesses; members flagged bonding capacity limits, the need to coordinate with Metro Council on priorities and state limits on race‑based contracting incentives.
Members of the Industrial Development Board ad hoc committee pressed for clarity on how the IDB can use its authorities to support housing and community development and urged more concrete follow‑through on the committee’s strategic planning.
An ad hoc member expressed frustration with the committee’s pace: "We ain't done nothing with it," Speaker 5 said, urging the committee to produce actionable recommendations for the full board that would link housing deals to local jobs…
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