Board Committees
The Erie County Industrial Development Agency (ECIDA) has established several committees to assist the Board in fulfilling their various fiduciary and administrative responsibilities:
Executive Committee:
The Executive Committee functions as a steering committee for the ECIDA.
Nominating Committee:
The Nominating Committee was established to nominate candidates for various offices including Chair and Vice-Chair. The Committee also nominates candidates to serve on the ECIDA’s various committees.
Policy Committee:
The Policy Committee was established to propose policy guidelines and policy statements appropriate to the ECIDA and its mission. In addition, the Policy Committee has the power to call for such reports and documents as it deems necessary to properly monitor the ECIDA’s operations.
Finance & Audit Committee:
The Finance & Audit Committee was established to provide assistance to ECIDA Board members in fulfilling their fiduciary responsibilities relating to accounting, reporting and regulatory practices. Each member of the Finance & Audit Committee must be an independent member as defined by the Public Authorities Law.
Audit Charter (PDF)
Governance Committee:
The Governance committee was established in 2006 in response to the Public Authorities Law. The Governance Committee is responsible for keeping the Board informed of current best governance practices, reviewing corporate governance trends, updating the ECIDA’s corporate governance principles and advising those responsible for appointing Board members of the skills and experience required of potential Board members. Each member of the Governance Committee must be an independent member as defined by the Public Authorities Law.