Local Utility Snapshot (Average Rates) Electricity (cents per kWh) $. The venue is the first permanent standalone casino to ever open in Virginia, which was ratified to the United States 235 years ago in June 1788. The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, April 20th, 2021 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. , to be developed as a first-of-its-kind. 801 CRAWFORD STREET – 5. Directory. Created by the Virginia General Assembly in 2019 the Port Host Community Revitalization Fund provides funding for the strategic removal or redevelopment of vacant, underutilized and deteriorated port related properties in the five Port Host Communities of Front Royal, Newport News, Norfolk, Portsmouth and Richmond. Chesterfield County Toll Road Authority. m. Economic Development Authority Meeting November 14, 2023 Portsmouth Virginia. Coastal Virginia Offshore Wind Economic Profile Tax Structure Utilities and Infrastructure. Hampton Roads. Economic Development Authority /Calendar. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. Virginia economic impacts of the Port of Virginia in FY 2022 include: • $124. Germanna Community College is a public, open access institution of higher education in the Virginia Community College System. S. Economic Development. Senator Shelley Moore Capito (R-W. Portsmouth, VA 23704 AccessPortsmouthVA. youtube. Virginia Economic Development Incentive Grant The Virginia Economic Development Incentive Grant (VEDIG) is a discretionary performance incentive designed to assist and encourage companies to invest and create new employment opportunities by locating significant headquarters, administrative, or service sector operations in Virginia. 2-6400 through 15. gov. 2-2 to a qualifying applicant for qualifying activity in an enterprise zone designated by the governor of the Commonwealth of Virginia and located in the city. Dive into the Economic Development Authority Meeting held on October 17, 2023, in Portsmouth, Virginia. Apply to Mobility Specialist, Housing Specialist, Program Officer and more!THE ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF PORTSMOUTH June 20, 2017 6th Floor Conference Room, City Hall 801 Crawford Street, Portsmouth VA Annual Meeting AGENDA 1. Board & Commissions. 4 BILLION IN VIRGINIA GROSS STATE PRODUCT; • $27. His previous professional experience in Hampton Roads includes working in Suffolk as a planner, in. In fact, the ultimateOpportunity Zones are designed to spur economic development in economically-distressed communities by providing federal tax benefits to investors with capital gains. Economic Development. Portsmouth Economic Development. 37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers. Employment Opportunities. If approved, applicant enters into a Grant Agreement with the Portsmouth EDA. The Port of Virginia’s mission is to deliver opportunity by. PHONE: (757) 393-8804 – FAX: (757) 393-8392 . In 2019, they completed a $320 million expansion of VIG which now features the largest cranes on the East Coast. Codified at Chapter 60 (§ 15. org Siemens Gamesa Kaile Gurney kaile. 393. 3% between July 2021 and July 2022. Portsmouth, Virginia 23704 . Dimensional Standards. 393. Information Session. SMART START BUSINESS GUIDEThis morning's Economic Development Authority's (August 16, 2022) meeting is now available on the City's YouTube channel. A BILL to amend and reenact §31-15-5 and §31-15-6 of the Code of West Virginia, 1931, as amended, all relating generally to the authority of the West Virginia Economic Development Authority to enter into certain contracts and agreements; providing that board may direct the executive director to enter into those contracts,. The EDA is governed by an independent Board of seven Directors who are appointed by the Warren County Board of Supervisors. Loans were granted to businesses in Greenbrier, Nicholas, Mercer and Tucker counties. There is hereby created within the city of Newport News, Virginia, a political subdivision of the Commonwealth to be called the Economic Development. For new. Portsmouth, VA 23704. Email or phone: Password:. Portsmouth is one of five Virginia localities that can introduce casino gaming as an entertainment opportunity. Hinds . Board & Commissions. Hinds gave a brief overview of the Virginia Industrial Development Authorities Institute. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. S. 1,562 followers. 1 miles. City Public Schools, Economic Development Authority, and the Port and Industrial Commission. New Port Community Development Authority 16 Fiscal Year 2012 1 Community and Economic Development. Economic Development Authority /Calendar. Our SmartStart Business Guide is intended to distill the key information you need when starting a business and provide you with a roadmap to the different city services you'll need. Hinds gave a brief overview of the Virginia Industrial Development Authorities Institute. LOCAL INCENTIVES PROGRAM . In total, there are direct services to over 45 countries and indirect to 200+, with our top trading partners being China, Germany, Belgium and the Netherlands. indd 1 12/2/21 11:41 AM. gov or (540) 955-5148. Season Roberts of Virginia Beach, Managing Partner, Charrette Agency . DOMA Technologies to invest $3. History of Portsmouth. The Economic Development team is committed to supporting and building a diverse, innovative, and talent-focused economy that enhances the quality of life for both Portsmouth residents and visitors, across all socioeconomic levels. Broadband Loan Insurance Program; requirements. Southside Development Enterprises, LLC. 8804 FOR IMMEDIATE RELEASE: May 26, 2020 . The City of Portsmouth was founded in 1752 and incorporated by the Virginia General Assembly in 1858. Wright. 2 BILLION IN VIRGINIA LABOR INCOME; • 436,667 FULL- AND PART-TIME JOBS; AND • $2. Edward O’Callaghan Appointed by Governor Northam to serve an unexpired term effective July 1, 2021 through June 30, 2024. S. Jason El Koubi, President & CEO, Virginia Economic Development Partnership; Event Landing Page/Registration. For more information, contact the local SBA office at (804) 771-2400. Portsmouth Economic Development | 912 followers on LinkedIn. The Board of Directors meets on the fourth. Prior to joining the Portsmouth Economic Development team in 2018, Brian was the Director of Development for the Portsmouth Redevelopment and Housing Authority, overseeing residential and commercial redevelopment. He had volunteered to continue serving on the board, but the nominations committee, City. Dean A. VIG is the largest privately-owned container terminal in the United States. Recent Census data show it’s finally caught up. gov / 757-664-4766. Economic Development Authority Meeting . May 30, 2017 . The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, April 20th, 2021 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. | Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer – infrastructure, accessibility, workforce and planning. - 5 p. aspx. This report complements ULI’s recommendations for economic development. | Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer – infrastructure, accessibility, workforce and planning. Brian provides oversight of the office’s business recruitment, retention and workforce development. As a small business-focused agency of local City government, Portsmouth Economic Development. Within the proposed (second) Virginia Enterprise Zone, the maximum assessed value for the with the ERSTE applies will be increased to $5,000,000. Jiggetts . 233 (§§ 1, 3, 4, 7, 9, 11, 14 [repealed]) 1993, c. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. 0. 682 (§§ 1 through 10, 12, 13, 15 through 19; name changed to Economic Development Authority of the City of Newport News) § 1. 1010 North Glebe Road, Suite 310. 393. mailto:[email protected] Annual Report Cal-Maine Foods, Inc 2012 Annual Report Cal-Maine Foods, Inc. Subscribe. youtube. Economic Development. Community Profile; Home to the Region’s:. The Chairman called the meeting to order at 8:02 a. If you need direct Port access, proximity to the highway or railway, or need to be close to a training. 2-5152 et seq. The Virginia Department of Housing and Community Development (DHCD) is committed to creating safe. Commonwealth of Virginia's Building codes and assigned local regulations, coordination of new programs to promote new. For new. Portsmouth Economic Development Government Administration Portsmouth, VA 1,131 followers Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. New Port Community Development Authority 12 - 11 Neighborhood Advancement 12 - 12. 8804. A BILL to amend and reenact §31-15-6 of the Code of West Virginia, 1931, as amended, relating to authorizing and permitting the Economic Development Authority to make working capital loans from a revolving loan fund capitalized with federal grant funds including those federal grant funds received from the United States Economic Development. Portsmouth Economic Development has a simple goal: to support the Portsmouth business community in starting, growing, and locating their businesses. Completed applications, and the required documentation, can be submitted by email to. PORTSMOUTH. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Software Development Company to Expand in Virginia. S. The development has 64 one-bedroom, 86 two-bedroom, 52 three-bedroom, and 8 four-bedroom units. 3:2. For additional details about this program, please contact Economic Development Staff at 757. 23 grand opening date. 2. Employment Opportunities. Independence Blvd. Brian has 19 years of experience in economic development, community development and real estate across the Commonwealth of Virginia. Players keep their winnings;. Name Title Email Phone Additional Phone Donahue, Brian Assistant Director of Economic. Gov2Go ran out of funding after approving applications with a confirmation # and a claim # filed with an email saying your payment was being processed. RUSH STREET GAMING AND CITY OF PORTSMOUTH SIGN CASINO DEVELOPMENT AGREEMENT . 1,562 followers. youtube. 8 million, the property has sat vacant for years and. Portsmouth has made a $9 million investment in 55-mile fiber optic cable ring. FLOOR . Phone: 757-393-8804. Comprising 14 diverse communities (the cities of Chesapeake, Franklin, Hampton, Newport News, Norfolk, Poquoson, Portsmouth, Suffolk, Virginia Beach, and Williamsburg, and the counties of James City, Isle of Wight, Southampton, and York), Hampton Roads has. Hometown Program. Fairfax County Economic Development Authority 8300 Boone Boulevard, Suite 450 Tysons, Virginia 22182 +1. 55 International Drive, Portsmouth, NH 03801. Mayor Shannon Glover says Portsmouth is open for business. Economic Development Authority Historic Preservation Commission History Commission Law Library Board Library BoardThe Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Local Utility Snapshot (Average Rates) Electricity (cents per kWh) $. 9, 2022) — The City of Virginia Beach Development Authority released its fiscal year 2021-2022 Annual Report, highlighting the results of their business attraction and retention activities, new initiatives, and accomplishments for the 12-month period starting July 1, 2021. CHARLESTON, W. More information about the GO Virginia program can be found here. HUBZONE. Portsmouth Economic Development is pleased to announce that it was awarded a $500,000 grant as a part of the first-ever Port Host Communities Revitalization Fund (PHCRF) administered by the Virginia Department of Housing and Community Development (DHCD). VEDP is the state development arm created by the General Assembly to encourage, stimulate, and support the development and expansion of the Commonwealth's economy. In 2015 we designated Strategic Growth Areas (SGAs) to identify sections of the City where economic development op-portunities and potential for. Real Estate Tax. 26. Assessing Housing and Redevelopment Strategies, Portsmouth, VA 2 on economic revitalization of the City’s downtown core; housing strategy recommendations were provided only as they affected the economic revitalization of the core. Overview. Don L. Governor Glenn Youngkin announced today that Lyon Shipyard, Inc. In 2018, the Port of Virginia saw 2. VEDP Update. Economic Development Authority Portsmouth Port & Industrial Commission News & Press. Program Guidelines & Application Process Information . North End Vision Plan, January 2015. 600 E Main St #300 Richmond, VA 23219. 7 million in City of Virginia Beach headquarters, creating 307 new jobs Virginia Beach, Va. Economic Development 701,960 923,623 923,623 885,291. m. Portsmouth Economic Development | 911 followers on LinkedIn. Directions. DuVal will present the plan to the governor-elect at the organization’s December economic summit. Time: 9:00 AM - 11:00 AM. 1 BILLION IN OUTPUT SALES; • $63. 5k people with a median age of 35. Port of Virginia Economic and Infrastructure Development Grant (POV Grant) A business entity that meets all four criteria listed below may be eligible for a cash grant from the POV Grant per Section 62. Economic Development Agency, Government Economic Program, State Government Office. (Sept. The development has 64 one-bedroom, 86 two-bedroom, 52 three-bedroom, and 8 four-bedroom units. Agendas & Minutes. In 2018, the Port of Virginia saw 2. Our mission is to administer and enforce the Virginia Uniform Statewide Building Code and its related laws and ordinances as. Portsmouth Economic Development Authority /Calendar. Census2020. A must-watch for those interested in economic development and policy-making. The Chairman called the meeting to order at 8:02 a. Portsmouth Redevelopment and Housing Authority manages the following affordable housing programs:. gov Virginia Economic Development Partnership Suzanne Clark [email protected] Economic Development | 1,135 followers on LinkedIn. com. 17th, 2020 to discuss business vital to ongoing operations of the City in compliance with the Governor's orders. AUTHORITY . In July 2010, the Virginia Port Authority (VPA) and APM Terminals entered into a 20-year lease agreement. FORT MONROE AUTHORITY . The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Chesapeake is a dynamic community powered by its talented workforce, strategic location and viable resources. 2 days ago · Onshore, the Virginia Port Authority has put more than $220 million toward the Portsmouth Marine Terminal to develop areas where large wind components like turbines and monopile foundations can be. Phone Number (757) 393-8804. We have the expertise and relationships to connect new and expanding businesses with a wide. $2,305,540 in 2019 Disaster Supplemental funds, matched by $576,385 in local investment, to the Economic Development Authority of Floyd County, Floyd/Floyd County, Virginia, to fund construction of the Floyd Growth Center Building for skilled trades and innovative production in Floyd County. The EDC's function is to develop economic development policies, goals and objectives as an advisory commission to the. Major Mixed-Use Developments. November 14. Please be sure to register to stream the meeting live. The entire Portsmouth Economic Development team is ready to support your business's success. will be investing $8. The Portsmouth Economic Development Authority (EDA) will be meeting virtually on Tuesday, Nov. Prior to joining the Portsmouth Economic Development team in 2018, Brian was the Director of Development for the Portsmouth Redevelopment and Housing Authority, overseeing residential and commercial redevelopment. 757-393-5111. No views. MINUTES May 30, 2017 (Thomasson) (Vote) June 12, 2017 Joint Meeting. 757. Economic Development Authority Meeting August 16, 2022 Portsmouth Virginia. Hinds . Any assessed value in excess of $5,000,000 would be fully taxable but could leverage an REIG. Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority. Miriam J. The bond issuance. Helpful Links. Use the link provided to view . Council Subcommittee – Governed by Council Motions . Governor Glenn Youngkin has presented the 2023 Governor’s Service Awards for Volunteerism and Community Service. Facebook. Real Estate Tax. 4 BILLION IN VIRGINIA GROSS STATE PRODUCT; • $27. The City of Portsmouth offers a modernized historical downtown full of walkable businesses, as well as cultural and recreational entertainment options. m. 393. Thomasson — Chairman Andrew D. Commonwealth of Virginia's Building codes and assigned local regulations, coordination of new programs to promote new. 2-2 to a qualifying applicant for qualifying activity in an enterprise zone designated by the governor of the Commonwealth of Virginia and located in the city. “This partnership will further cement the Commonwealth as the premiere offshore wind hub for the Eastern United. EV and Semiconductor Projects Stand Out in States Receiving Area Development’s 18th Annual Shovel Awards. RSVP Comments: N/A. Coastal Virginia Offshore Wind Economic Profile Tax Structure Utilities and Infrastructure. 00 per $100 assessed value. Baillie — Treasurer Anthony. The October 19, 2021 Economic Development Authority Meeting is now available on the city's YouTube Channel. ) as part of. S. WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY. For new. It's no wonder Fairfax County is the premier tech. - 5 p. 3116 South St. Between 2020 and 2021 the population of Portsmouth, VA grew from 94,961 to 97,454, a 2. CHESAPEAKE ECONOMIC DEVELOPMENT AUTHORITY. • A separate authority created by the locality for a specific development • A voluntary special assessment district created at the request of the landowners • Authorized by Va. 2 BILLION IN VIRGINIA LABOR INCOME; • 436,667 FULL- AND PART-TIME JOBS; AND • $2. (b) Qualifying activity means new construction or improvements to an existing structure totaling. Dive into the Economic Development Authority Meeting held on October 17, 2023, in Portsmouth, Virginia. virginia. Economic Development Authority Let's Get Social, Portsmouth! City Manager for the City of Portsmouth VA Position Specification November 2023 Portsmouth Live Meeting. The City of Portsmouth has several partnerships that they work with, such as the Hampton Roads Chamber of Commerce, which is an essential ally for the city. Strategic Partners . Let's Get Social, Portsmouth!. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4). The event kicked off with a special performance by Norfolk State University’s “Spartan Legion” Marching Band . m. 1-132. in Town Center is owned by the city’s Development Authority. 0:59. Inc. Virginia's Gateway Region Economic Development Organization. Portsmouth Economic Development is. Download. 2-203 (D) Commercial Zoning Districts—High Intensity Mixed-Use (MU-H) District of the Zoning Ordinance, unless specified herein. The Master Transportation Plan (MTP) is the City’s Plan for transportation in Portsmouth. Portsmouth, Virginia is an urban locality in the heart of the Hampton Roads region which is located in the mid-Atlantic area of the United States eastern seaboard. m. Economic Development Authority Meeting August 16, 2022 Portsmouth Virginia. Date: February 21, 2023. Economic Development Authority of the City of Portsmouth September 19, 2023 9:00 AM. Economic Development 732,084 944,754 - 899,465 911,868 Total Budget 4,882,370 9,124,993 - 9,006,965. The City of Portsmouth is home to over 6,000 businesses and our staff works to make connections. Land Use & Zoning. Attraction. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Our location in both the middle of Hampton Roads. Time: 9:00 AM - 11:00 AM. COMMISSIONERS PRESENT: ALSO PRESENT: Dean A. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. Personal Property Tax. Loans The Department of Development manages several low-interest business loan programs. aspx. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. Ranked as America’s No. $1. The Commission’s primary responsibility is to make recommendations to the City Council on matters related to comprehensive and current planning and land use development. 1- 132. Lexington Place. m. About. m. Personal Property Tax – Boats. com. Dean A. Assessed at $6. Development Corporation, and Portsmouth Redevelopment &. 393. Portsmouth, VA – The . Economic Development Authority Meeting September 19, 2023 Portsmouth Virginia. Created in 1995, VEDP collaborates with local, regional, and state partners to encourage the expansion and diversification of Virginia’s economy. 0 BILLION IN VIRGINIA GROSS STATE PRODUCT; • $41. Economic Development Authority of the City of Portsmouth May 30, 2017 6th Floor Conference Room, City Hall 801 Crawford Street, Portsmouth, VA The. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. Paul Bayer: paul. m. N/A mi. This is the first phase of the new Tech Hubs program, which is an economic development initiative. May 18th at 6:30 p. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. Stephen A. degree in Urban Studies and Planning from Virginia Commonwealth University in Richmond, VA, and is a graduate of the University of Oklahoma. The function of Economic Development in the City of Portsmouth is carried out cooperatively by the Economic Development Commission (EDC), the City Manager and the Office of Economic Development. com 757. To promote port-related economic development to bring investment and jobs to the Commonwealth. (Nov. 2-6322) Chapter 64 Virginia Regional Industrial Facilities Act (§§ 15. Coastal Virginia Offshore Wind Economic Profile Tax Structure Utilities and Infrastructure. February 24, 2023 Enviably situated on the banks of the Elizabeth River in the Hampton Roads area of Virginia, the City of Portsmouth is a thriving place with something to. (Nov. Entrepreneurship is alive and well in Portsmouth and the small business community is a vital component of what makes our City thrive. Portsmouth Economic Development is your company’s liaison to access all our Smart City has to offer. CHESAPEAKE, VA. , Virginia Beach, VA, 23462 |Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library Event Calendar Contact UsThis year, the Virginia Chamber’s main job is developing the next statewide strategic plan, known as Blueprint Virginia 2030, focusing on workforce development, education, infrastructure, energy, health care and other areas. Key Industries. As Dominion Energy’s more than $8 billion effort to build 180 wind turbines anywhere from 27 to 42 miles off the Virginia Beach coast ramp up, the Port of Virginia’s 287-acre Portsmouth Marine Terminal will be a potential catalyst for economic growth and could generate its own renewable energy of manufacturing and economic activity. Agendas & Minutes. The firm will use the terminal for its work on the Coastal Virginia Offshore Windfarm and other projects along the East Coast. m. Published October 28, 2020 by Kate Andrews. Stephen Edwards, a Los Angeles-based CEO with more than two decades of maritime industry. The Portsmouth Economic Development Department’s 2021 Annual Report (highlighting 2020 business. Thomasson — Chairman Aaron J. The Port is a large partner of the City’s and helps to drive the maritime & logistics industry forward through continual advancement and investment. Portsmouth @ Work - Workforce Development & Training Business Directory Property Search About Us About Us Page; Staff Partners Economic Development Authority Portsmouth Port & Industrial Commission News & Press Media Library Event Calendar Contact UsAdvanced Materials. 5%. - 5 p. 2-6000 et seq. Va. Media inquiry? Contact us at 757-393-8804 or porteco@portsmouthva. Applicant has 120 days to complete approved work. Virginia Beach Economic Development Ste 1000, 222 Central Park Ave, Virginia Beach, VA - 34. m. Long-term lease signed with the Virginia Port Authority for more than 80 acre/32-hectare site at the Portsmouth Marine Terminal, Virginia. m. The PPIC is comprised of seven (7) City Council-appointed Commissioners serving staggered five-year (5) terms. About. A. Demographics . A 50-unit development is bringing new housing opportunities to downtown Portsmouth, Virginia. $5. Administer state-level incentive programs. Seacoast Board of Realtors; HomeAccess Program; Economic Development; Citizen's Advisory Committee; Contact; CDBG. Economic Development Authority of the City of Portsmouth . He knew it 18 months ago when the Staunton City Council majority bloc took office, he said. Specifically, the Virginia economic impacts of the Port of Virginia in fiscal year 2021 include: • $100. The purpose of the MTP is to coordinate transportation policy, investment, projects and priorities through the year 2030 to ensure that the future transportation system supports the City’s goals for land use, economic development, and quality of life. Virtual or In-Person at Portsmouth@Work Conference Room, 200 High Street, Suite 201, Portsmouth, VA 23704; Registration Required Join us for an exciting opportunity to learn about obtaining a Minority Business Enterprise (MBE) Certification!. of Commissioners. 999 Waterside Drive, Suite 2430, Norfolk, VA, 23510. The Economic Development Authority is immensely proud to support their investment in the City of Lynchburg. in Town Center is owned by the city’s Development Authority. Portsmouth City Hall Contact Us 801 Crawford Street Portsmouth, VA 23704 Phone: 757-393-8000 Monday-Friday 8 a. 2:00 PM - 4:00 PM est. S. Economic Development Authority Meeting . Date: February 21, 2023. If you are a business owner or one who wants to start a business, then you’ll find one of the best trained, highly skilled and well-educated. He is responsible for the broad programmatic areas of business and relationship development, infrastructure development, strategic marketing, economic development, finance, security and safety. Council Subcommittee – Governed by Council Motions . A. Economic Development Authority of the City of Portsmouth . 5 million and create 134 new jobs to expand.