Budget Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Budget Committee Chair Person Marianne Butler (D-15) Vice Chair Kevin Kramer (R-11) Committee Member Mary C. Woolridge (D-3) Committee Member Cheri Bryant Hamilton (D-5) Committee Member David James (D-6) Committee Member Angela Leet (R-7) Committee Member Bill Hollander (D-9) Committee Member Rick Blackwell (D-12) Committee Member Cindi Fowler (D-14) Committee Member Scott Reed (R-16) Committee Member Marilyn Parker (R-18) Committee Member Dan Johnson (D-21) Thursday, September 7, 2017 4:00 PM Council Chambers THIS IS CONSIDERED A SPECIAL MEETING Call to Order Chair Person Butler called the meeting to order at 4:06 PM. Roll Call Chair Person Butler introduced the committee members and non-committee members present. A quorum was established. Vice Chair Kramer arrived at 4:08 PM, Committee Member Johnson arrived 4:11 PM, Committee Member Reed arrived at 4:33 PM and Committee Member James arrived at 5:02 PM. Present: 11 - Chair Person Marianne Butler (D-15), Vice Chair Kevin Kramer (R-11), Committee Member Mary C. Woolridge (D-3), Committee Member Cheri Bryant Hamilton (D-5), Committee Member David James (D-6), Committee Member Bill Hollander (D-9), Committee Member Rick Blackwell (D-12), Committee Member Cindi Fowler (D-14), Committee Member Scott Reed (R-16), Committee Member Marilyn Parker (R-18), and Committee Member Dan Johnson (D-21) Excused: 1- Committee Member Angela Leet (R-7) Non-Committee Members Council Member Barbara Sexton Smith (D-4) Support Staff Sarah Martin and Matt Golden, Jefferson County Attorney's Office Clerk Jess Helton, CKMC Louisville Metro Government Page 1 Budget Committee Action Summary - Final September 7, 2017 Special Discussion 1. ID 17-1287 DAVID KAREM WITH WATERFRONT DEVELOPMENT CORPORATION Mr. Karem and Cordell Lawrence, Waterfront Development Corporation, spoke and answered questions. Pending Legislation 2. O-296-17 AN ORDINANCE CONCERNING THE LEVY OF TAXES WITHIN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND THE LOUISVILLE URBAN SERVICES DISTRICT FOR FISCAL YEAR ENDING JUNE 30, 2018. Sponsors:Primary Marianne Butler (D-15) Attachments: O-296-17 V.1 082417 Urban Services District Levy Taxes 063018.pdf A motion was made by Committee Member Woolridge, seconded by Committee Member Hamilton, that this Ordinance be recommended for approval. Aaron Jackson and Daniel Frockt, Office of Management and Budget, spoke to the item. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Butler, Kramer, Woolridge, Hamilton, Hollander, Blackwell, Fowler, Parker, and Johnson Excused: 1- Leet Absent: 2- James, and Reed Louisville Metro Government Page 2 Budget Committee Action Summary - Final September 7, 2017 3. O-300-17 AN ORDINANCE OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE "METRO GOVERNMENT" OR THE "ISSUER"), PROVIDING FOR AND AUTHORIZING THE ISSUANCE OF CERTAIN GENERAL OBLIGATION BONDS OF THE METRO GOVERNMENT IN ONE OR MORE SERIES TO FINANCE THE COSTS OF THE PUBLIC PROJECTS AS DESCRIBED THEREIN; SETTING FORTH THE TERMS AND CONDITIONS ON WHICH THE BONDS ARE TO BE ISSUED AND PROVIDING FOR A COMPETITIVE, ADVERTISED SALE THEREOF; DEFINING AND PROVIDING FOR THE RIGHTS OF THE HOLDERS OF THE BONDS AND PROVIDING FOR THE APPLICATION OF THE PROCEEDS THEREOF; AND TAKING OTHER RELATED ACTION RELATING TO THE ISSUANCE AND SALE OF THE BONDS. Sponsors:Primary Marianne Butler (D-15) Attachments: O-300-17 V.1 082417 General Obligation Bond Issue for Public Projects.pdf A motion was made by Committee Member Johnson, seconded by Committee Member Hamilton, that this Ordinance be recommended for approval. Daniel Frockt, Office of Management and Budget, spoke to the item. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 9- Butler, Kramer, Woolridge, Hamilton, Hollander, Blackwell, Fowler, Parker, and Johnson Excused: 1- Leet Absent: 2- James, and Reed Adjournment Without objection, Chair Person Butler adjourned the meeting at 5:38 PM. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on September 14, 2017. Louisville Metro Government Page 3