Labor and Economic Development Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Labor & Economic Development Committee Committee Members: David Tandy (D-4)* Stuart Benson (R-20)* Attica Scott (D-1) Kenneth C. Fleming (R-7) Marianne Butler (D-15) * Denotes the Committee Chair(s) Thursday, October 2, 2014 2:00 PM Council Chambers Call to Order Chairman Tandy called the meeting to order at 2:07 p.m. and introduced the members and non-members of the Committee that were present. A quorum was established. Roll Call Present: 5- Chair Person David Tandy (D-4), Vice Chair Stuart Benson (R-20), Council Member Attica Scott (D-1), Council Member Kenneth C. Fleming (R-7), and Council Member Marianne Butler (D-15) Council Member Attica Scott arrived at 2:35 p.m. Also Present President King (D-10), Council Member Marilyn Parker (R-18), Council Member Hamilton (D-5), Council Member Downard (R-16), Council Member David Yates (D-25), Council Member Dan Johnson (D-21), Council Member Barbara Shanklin (D-2), Council Member Mary C. Woolridge (D-3), Council Member Jerry T. Miller (R-19), Council Member David James (D-6), Council Member Tom Owen (D-8) Clerk Kay Grissett, CKMC Pending Legislation Louisville Metro Government Page 1 Labor & Economic Development Action Summary - Final October 2, 2014 Committee 1. O-494-14 AN ORDINANCE APPROVING THE TWENTIETH SUPPLEMENTAL SEWER AND DRAINAGE REVENUE BOND AUTHORIZING RESOLUTION ADOPTED BY THE BOARD OF THE LOUISVILLE AND JEFFERSON COUNTY METROPOLITAN SEWER DISTRICT (HEREINAFTER THE "DISTRICT") WHICH AUTHORIZES THE ISSUANCE OF THE DISTRICT'S SEWER AND DRAINAGE SYSTEM REVENUE BONDS, SERIES 2014A, (HEREINAFTER THE "CURRENT BONDS") FOR THE PURPOSE OF PAYING ALL OR A PORTION OF THE COSTS OF CONSTRUCTION OF THE 2014A PROJECT; AND PROVIDING FOR THE ADVERTISED PUBLIC COMPETITIVE SALE OF SAID CURRENT BONDS IN AN AMOUNT NOT TO EXCEED $88,000,000.00. (Action Required By: March 2015) Sponsors:David Tandy (D-4) Attachments: 10-2-14 MSD Rating Presentation ORD 159 2014 A motion was made by Council Member Fleming, seconded by Council Member Butler, that this Ordinance be recommended for approval by the Metro Council. The motion carried by a voice vote and the Ordinance was sent to the Consent Calendar. 2. O-470-14 AN ORDINANCE RELATING TO MINIMUM WAGE TO BE PAID TO EMPLOYEES BY EMPLOYERS IN LOUISVILLE METRO. Sponsors:Attica Scott (D-1), Barbara Shanklin (D-2), Cheri Bryant Hamilton (D-5), David James (D-6), Tom Owen (D-8), Tina Ward-Pugh (D-9), Mary C. Woolridge (D-3) and Dan Johnson (D-21) Attachments: 9-23-14 Minimum Wage Report Jason Bailey 10-2-14 Paul Coomes Bio 10-2-14 Tom Lambert Bio 10-2-14 Paul Coomes Proposed Minimum Wage Summary 10-16-14 Dr. Lambert Testimony on local min wage 10-16-14 Dr Coomes Responses to MC questions on minimum wage 10-16-14 Followup Minimum Wage Report Jason Bailey A motion was made by Council Member Fleming, seconded by Council Member Butler, that this Ordinance be untabled. The motion carried by a voice vote and the Ordinance was Untabled. Economists Paul Coomes and Thomas Lambert spoke to the item and answer questions. A handout was given to the Committee Members. (Attached) Without objection this Ordinance was Tabled. Louisville Metro Government Page 2 Labor & Economic Development Action Summary - Final October 2, 2014 Committee Adjournment Without objection, the meeting adjourned at 3:45 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 October 9, 2014. Louisville Metro Government Page 3