Board of Commissioners Special

MINUTES of SPECIAL MEETING of the BOARD of COMMISSIONERS of the CITY of BOWLING GREEN, KENTUCKY held MAY 7, 2015 The Board of Commissioners of the City of Bowling Green, Kentucky met in special session in the Commission Chamber of City Hall, Bowling Green, Kentucky at 4:00 p.m. on May 7, 2015. Mayor Bruce Wilkerson called the meeting to order. Assistant City Manager/City Clerk Katie Schaller called the roll, and the following members were present: Commissioner Rick Williams, Commissioner Joe W. Denning, Commissioner Melinda M. Hill, Commissioner Sue Parrigin and Mayor Bruce Wilkerson. Absent: none. There was a full quorum of the Board of Commissioners. MUNICIPAL ORDER NO. 2015 – 78 MUNICIPAL ORDER APPROVING A CITY EMPLOYEE WITHHOLDINGS CREDIT IN AN AMOUNT EQUAL TO ONE PERCENT OF GROSS WAGES GENERATED FROM NEW JOBS CREATED IN THE CITY FOR PROJECT ICON Summary of Municipal Order No. 2015 - 78 was read by the Assistant City Manager/City Clerk. Motion was made by Hill and seconded by Williams for consideration of said Municipal Order. DeFebbo indicated an important role of the City was to foment new jobs. At the request of the Bowling Green Area Chamber of Commerce and as already reviewed by the Job Development Incentive Program Committee, he explained an incentive over the next ten years would be applied to create a minimum of 600 new jobs for a local business expansion and would maximize the State’s incentive credit of up to three percent of gross wages. In response to a question, Chief Financial Officer Jeff Meisel reported there was limited information available at this time regarding the average employee wage. Mayor Wilkerson commented the City was not giving up existing revenues as any rebate of money would only apply to the new jobs. Once the discussion ended, a roll call vote was taken. ROLL CALL: Voting Yea: Williams, Denning, Hill, Parrigin and Wilkerson Voting Nay: None Municipal Order No. 2015 - 78 was approved by unanimous vote. ADJOURNMENT This being a special meeting and with no further business to come before the Board of Commissioners, at approximately 4:05 p.m., Mayor Wilkerson declared this meeting adjourned. ADOPTED: ______________________________________________ APPROVED: ______________________________________________ Mayor, Chairman of Board of Commissioners ATTEST: ______________________________________________ City Clerk Minutes prepared by Assistant City Manager/City Clerk Katie Schaller *Note: Minutes are a summary of the discussions; a video recording of this entire meeting is maintained by the Office of City Clerk.