Budget Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Budget Committee Committee Members: Marianne Butler (D-15)* Kelly Downard (R-16)* Kevin Kramer (R-11) Rick Blackwell (D-12) Vicki Aubrey Welch (D-13) Mary C. Woolridge (D-3) Cheri Bryant Hamilton (D-5) Marilyn Parker (R-18) Jerry T. Miller (R-19) Dan Johnson (D-21) *Denotes the Committee Chair(s) Thursday, March 20, 2014 5:00 PM Council Chambers Call to Order Chairwoman Butler called the meeting to order at 5:05 p.m. and introduced the members and non-members that were present. A quorum was established with the presence of President King. Roll Call Present: 6- Council Member Rick Blackwell (D-12), Council Member Vicki Aubrey Welch (D-13), Chair Person Marianne Butler (D-15), Council Member Marilyn Parker (R-18), Council Member Jerry T. Miller (R-19), and Council Member Dan Johnson (D-21) Excused: 4- Council Member Mary C. Woolridge (D-3), Council Member Cheri Bryant Hamilton (D-5), Council Member Kevin Kramer (R-11), and Vice Chair Kelly Downard (R-16) Also Present: President Jim King (D-10) Special Discussion 1. ID 14-377 HALL OF JUSTICE ESCALATORS - CATHY DUNCAN Pending Legislation Louisville Metro Government Page 1 Budget Committee Action Summary - Final March 20, 2014 2. O-193-14 AN ORDINANCE APPROPRIATING $10,154.80 FROM DISTRICT 1 NEIGHBORHOOD DEVELOPMENT FUNDS TO LOUISVILLE METRO PUBLIC WORKS AND ASSETS, TO FUND STREETLIGHTS ON LEES LANE, PENWAY AND LINWOOD AVENUES. (Action Required By: September 2014) Sponsors: Attica Scott (D-1) Attachments: NDF031914PW01 A motion was made by Council Member Johnson, seconded by President King, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to Old Business by the following vote: Yes: 6- Blackwell, Welch, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard Abstain: 1- Butler 3. O-047-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013, RELATING TO THE FISCAL YEAR 2013-14 OPERATING BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY TRANSFERRING $18,000 OF FUNDING FROM THE NEIGHBORHOOD DEVELOPMENT FUND (DISTRICT 21) TO THE METRO COUNCIL GENERAL OPERATIONS (DISTRICT 21). (Action Required By: August 2014) Sponsors: Dan Johnson (D-21) A motion was made by Council Member Welch, seconded by Council Member Johnson, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard 4. O-151-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013, RELATING TO THE FISCAL YEAR 2013-14 OPERATING BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY TRANSFERRING $6,000 OF FUNDING FROM THE NEIGHBORHOOD DEVELOPMENT FUND (DISTRICT 26) TO THE METRO COUNCIL GENERAL OPERATIONS (DISTRICT 26). (Action Required By: August 2014) Sponsors: Brent Ackerson (D-26) Attachments: FY14 Operating Amendment Metro Council Budget District 26 A motion was made by Council Member Johnson, seconded by Council Member Welch, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Louisville Metro Government Page 2 Budget Committee Action Summary - Final March 20, 2014 Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard O-175-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013 AND ORDINANCE NO. 107, SERIES 2013 RELATING TO THE FISCAL YEAR 2013-14 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING $10,000 FROM THE DISTRICT 6 CAPITAL INFRASTRUCTURE FUND TO THE DISTRICT 6 NEIGHBORHOOD DEVELOPMENT FUND. (Action Required By: August 2014) Sponsors: David James (D-6) Attachments: FY14 NDF and CIF Amendment Metro Council Budget District 6.docx A motion was made by Council Member Johnson, seconded by Council Member Welch, that this Ordinance be recommended for approval. A motion was made by Council Member Miller, seconded by Council Member Parker, that this Ordinance be tabled. The motion carried by a voice vote and the Ordinance was tabled. 6. O-177-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013, RELATING TO THE FISCAL YEAR 2013-14 OPERATING BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY TRANSFERRING $10,000 OF FUNDING FROM THE NEIGHBORHOOD DEVELOPMENT FUND (DISTRICT 6) TO THE METRO COUNCIL GENERAL OPERATIONS (DISTRICT 6). (Action Required By: August 2014) Sponsors: David James (D-6) Attachments: FY14 Operating Amendment Metro Council Budget District 6.docx This Ordinance was held in Committee. Louisville Metro Government Page 3 Budget Committee Action Summary - Final March 20, 2014 7. O-219-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013 AND ORDINANCE NO. 107, SERIES 2013 RELATING TO THE FISCAL YEAR 2013-14 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, AND ORDINANCE NO. 120, SERIES 2012 RELATING TO THE FISCAL YEAR 2012-2013 OPERATING BUDGET BY TRANSFERRING $100,000 FROM THE DISTRICT 11 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 11 CAPITAL INFRASTRUCTURE FUND. (Action Required By: September 2014) Sponsors: Kevin Kramer (R-11) Attachments: FY14 NDF and CIF Amendment Metro Council Budget District 11.docx f678dc83-904b-4f0c-8e5e-d4a176132447 A motion was made by Council Member Johnson, seconded by President King, that this Ordinance be recommended for approval. A motion was made by Council Member Welch, seconded by Council Member Blackwell, that this Ordinance be tabled. The motion carried without objection and the Ordinance was tabled. 8. O-220-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013 AND ORDINANCE NO. 107, SERIES 2013 RELATING TO THE FISCAL YEAR 2013-14 OPERATING AND CAPITAL BUDGET, RESPECTIVELY, BY TRANSFERRING $30,000 FROM THE DISTRICT 18 NEIGHBORHOOD DEVELOPMENT FUND TO THE DISTRICT 18 CAPITAL INFRASTRUCTURE FUND. (Action Required By: September 2014) Sponsors: Marilyn Parker (R-18) Attachments: FY14 NDF and CIF Amendment Metro Council Budget District 18.docx A motion was made by Council Member Johnson, seconded by President King, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard Louisville Metro Government Page 4 Budget Committee Action Summary - Final March 20, 2014 9. O-225-14 AN ORDINANCE AMENDING ORDINANCE NO. 106, SERIES 2013 RELATING TO THE FISCAL YEAR 2013-14 OPERATING BUDGET FOR THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, BY AUTHORIZING AN ADDITIONAL APPROPRIATION AND TRANSFER AS DETAILED HEREIN. (Action Required By: September 2014) Sponsors: Marianne Butler (D-15) Attachments: Ord amending FY14 Operating Budget - Mid-year appropriation A motion was made by Council Member Welch, seconded by Council Member Miller, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard 10. O-226-14 AN ORDINANCE AMENDING ORDINANCE NO. 111, SERIES 2008 PERTAINING TO THE 2008-2009 CAPITAL BUDGETS BY AUTHORIZING THE MAYOR TO ACCEPT $249,000 OF AGENCY RECEIPTS TO BE USED FOR THE PRESTON CORRIDOR IMPROVEMENTS PROJECT. (Action Required By: September 2014) Sponsors: Jim King (D-10) Attachments: Ordinance to Accept MSD Funds A motion was made by Council Member Johnson, seconded by President King, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard 11. R-076-14 A RESOLUTION RELATING TO A REQUEST THAT THE KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY ADOPT A RESOLUTION PROVIDING FOR THE ISSUANCE OF REVENUE BONDS, THE PROCEEDS OF WHICH WILL PROVIDE FOR THE FINANCING OF THE ACQUISITION, CONSTRUCTION, INSTALLATION AND EQUIPPING OF CERTAIN FACILITIES CONSISTING OF HEALTHCARE AND HEALTH RELATED FACILITIES LOCATED WITHIN THE BOUNDARIES OF METRO LOUISVILLE TO BE OWNED BY MASONIC HOME INDEPENDENT LIVING II, INC. (Action Required By: September 2014) Sponsors: David Tandy (D-4) A motion was made by Council Member Johnson, seconded by Council Member Welch, that this Resolution be recommended for approval. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. Louisville Metro Government Page 5 Budget Committee Action Summary - Final March 20, 2014 12. O-228-14 AN ORDINANCE OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, AUTHORIZING THE ISSUANCE OF ITS TAXABLE REVENUE BONDS, SERIES 2014 (LOUISVILLE MEDICAL CENTER LAUNDRY FACILITY PROJECT) IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $1,000,000 FOR THE PURPOSE OF FINANCING THE ACQUISITION, CONSTRUCTION AND INSTALLATION OF NEW AIR CONDITIONING EQUIPMENT, WASHING EQUIPMENT, LINEN CARTS AND RELATED EQUIPMENT AND PROPERTY FOR THE MEDICAL CENTER LAUNDRY; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND TRUST INDENTURE, LOAN AGREEMENT AND BOND PURCHASE AGREEMENT; AUTHORIZING AND APPROVING CERTAIN OTHER MATTERS, INCLUDING THE EXECUTION OF RELATED DOCUMENTS, IN CONNECTION WITH THE SALE AND ISSUANCE OF THE BONDS. (Action Required By: September 2014) Sponsors: David Tandy (D-4) Attachments: Exhibit A 2014 LMC Bond Purchase Agreement Exhibit B - 2014 LMC Laundry Trust Indenture Exhibit C - LMC Laundry Loan Agreement A motion was made by Council Member Miller, seconded by King, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard Louisville Metro Government Page 6 Budget Committee Action Summary - Final March 20, 2014 13. O-229-14 AN ORDINANCE OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, AUTHORIZING THE ISSUANCE OF ITS TAXABLE REFUNDING REVENUE BONDS, SERIES 2014 (LOUISVILLE MEDICAL CENTER STEAM AND CHILLED WATER PLANT PROJECT) IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $3,200,000 FOR THE PURPOSE OF CURRENTLY REFUNDING A PORTION OF ITS LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, KENTUCKY, LOUISVILLE MEDICAL CENTER TAX EXEMPT REVENUE BONDS, SERIES 2009; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND TRUST INDENTURE, LOAN AGREEMENT AND BOND PURCHASE AGREEMENT; AUTHORIZING AND APPROVING CERTAIN OTHER MATTERS, INCLUDING THE EXECUTION OF RELATED DOCUMENTS, IN CONNECTION WITH THE SALE AND ISSUANCE OF THE BONDS. (Action Required By: September 2014) Sponsors: David Tandy (D-4) Attachments: Exhibit A 2014 LMC Bond Purchase Agreement Exhibit B -Bond Trust Indenture Exhibit C - Loan Agreement A motion was made by Council Member Johnson, seconded by President King, that this Ordinance be recommended for approval. The motion carried and the Ordinance was sent to the Consent Calendar by the following vote: Yes: 7- Blackwell, Welch, Butler, Parker, Miller, Johnson, and King Excused: 4- Woolridge, Hamilton, Kramer, and Downard 14. O-026-13 AN ORDINANCE AMENDING LOUISVILLE METRO CODE OF ORDINANCES (LMCO) CHAPTER 122 RELATING TO INCREASING THE INSURANCE LICENSE FEES FROM 5% TO 6%. (Action Required By: May 2014) Sponsors: Tina Ward-Pugh (D-9), Mary C. Woolridge (D-3), Attica Scott (D-1) and Tom Owen (D-8) This Ordinance remained held in Committee. Adjournment Without objection the meeting adjourned at 6:09 p.m. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on March 27, 2014. Louisville Metro Government Page 7