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, December 4, 2014 1:30 PM Council Chambers THIS IS CONSIDERED A SPECIAL MEETING Call to Order Chair Person Tandy called the meeting to order at 1:30 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) Also Present Council Member Barbara Shanklin (D-2), Council Member Mary C. Woolridge (D-3), Council Member Cheri Bryant Hamilton (D-5), Council Member Marilyn Parker (R-18), Council Member Jerry T. Miller (R-19), Council Member Cindi Fowler (D-14), Council Member Vicki Aubrey Welch (D-13)and President Jim King (D-10) Pat Mulvihill, Director of the Civil Division of the County Attorney's Office, Sarah Martin, Assistant County Attorney, Nick Lococo, Assistant County Attorney Clerk Kay Grissett, CKMC Special Discussion Louisville Metro Government Page 1 Labor & Economic Development Action Summary - Final December 4, 2014 Committee 1. ID 14-1494 Louisville Downtown Partnership Attachments: 12-4-14 Lou Downtown Partnership PPP Rebecca Matheny, Director of Downtown Development, spoke to the item. She gave a handout to the Committee Members (Attached) and a PowerPoint presentation was given (Attached) Pending Legislation 2. R-277-14 A RESOLUTION APPROVING THE GRANTING OF LOCAL INDUCEMENTS TO CHURCHILL DOWNS, INC. OR ITS AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. (AS AMENDED.) (Action Required By: May 2015) Sponsors:David Tandy (D-4) Attachments: R-277-14 CHURCHILL DOWNS INDUCEMENT Churchill Downs Fact Sheet RES 137 2014 A motion was made by Council Member Fleming, seconded by Council Member Butler, that this Resolution be recommended for approval by the Metro Council. A motion to amend by adding "or its affiliates thereof" after Churchill Downs Incorporated on Page 2 was made by Chair Person Tandy, seconded by Council Member Butler. The motion carried by a voice vote and the amendment passed. The motion that this Resolution be recommended for approval by the Metro Council carried by a voice vote and the Resolution as amended was sent to Old Business. Louisville Metro Government Page 2 Labor & Economic Development Action Summary - Final December 4, 2014 Committee 3. R-279-14 A RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AMENDING RESOLUTION NO. 193, SERIES 2012 RELATING TO THE AUTHORIZATION OF THE EXECUTION OF A MEMORANDUM OF AGREEMENT BETWEEN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND MAINSTREET VENTURES, LLC, AND AMENDING THE MEMORANDUM OF AGREEMENT BY AND BETWEEN THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND MAINSTREET VENTURES, LLC, RELATING TO AN INDUSTRIAL BUILDING PROJECT UNDERTAKING THE ISSUANCE OF INDUSTRIAL BUILDING REVENUE BONDS TO REFLECT THE TRANSFER OF OWNERSHIP OF THE PROPERTY TO HEAVEN HILL DISTILLERIES, INC. (Action Required By: May 2015) Sponsors:Jim King (D-10), David Tandy (D-4) and Kelly Downard (R-16) Attachments: RES 136 2014 A motion was made by Council Member Scott, seconded by Council Member Butler, that this Resolution be recommended for approval by the Metro Council. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. 4. O-545-14 AN ORDINANCE OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT, AUTHORIZING THE ISSUANCE OF UP TO $10,000,000 PRINCIPAL AMOUNT OF INDUSTRIAL BUILDING REVENUE BONDS, SERIES 2014 (HEAVEN HILL DISTILLERIES, INC., PROJECT), IN ONE OR MORE SERIES FOR THE PURPOSE OF FINANCING AN INDUSTRIAL BUILDING PROJECT; APPROVING AND AUTHORIZING THE EXECUTION AND DELIVERY OF: (I) A DEED FROM HEAVEN HILL DISTILLERIES, INC. TO LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (II) A LEASE AGREEMENT BETWEEN LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND HEAVEN HILL DISTILLERIES, INC., (III) A MORTGAGE, (IV) A BOND PURCHASE AGREEMENT, (V) A PAYMENT IN LIEU OF TAXES AGREEMENT, AND (VI) ANY AND ALL OTHER RELATED DOCUMENTS; AND TAKING OTHER RELATED AND INCIDENTAL ACTION. (Action Required By: May 2015) Sponsors:Jim King (D-10) and David Tandy (D-4) Attachments: ORD 192 2014 A motion was made by Council Member Scott, seconded by Council Member Butler, that this Ordinance be recommended for approval by the Metro Council. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar. Yes: 5- Tandy, Benson, Scott, Fleming, and Butler Louisville Metro Government Page 3 Labor & Economic Development Action Summary - Final December 4, 2014 Committee 5. O-540-14 AN ORDINANCE OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AUTHORIZING THE EXECUTION AND DELIVERY ON BEHALF OF METRO GOVERNMENT OF A FIRST MORTGAGE AND A SECOND MORTGAGE RELATING TO THE OUTSTANDING LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT INDUSTRIAL BUILDING REVENUE BONDS, SERIES 2008 (THE BELLAMY AT LOUISVILLE PROJECT) (Action Required By: May 2015) Sponsors:David Tandy (D-4) Attachments: O-540-14 ATTACH BELLAMY PHOENIX LOUISVILLE 1ST LIEN O-540-14 ATTACH BELLAMY PHOENIX LOUISVILLE 2ND LIEN ORD 191 2014 A motion was made by Council Member Scott, seconded by Council Member Butler, that this Ordinance be recommended for approval by the Metro Council. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar. Yes: 5- Tandy, Benson, Scott, Fleming, and Butler 6. R-267-14 A RESOLUTION DETERMINING TWO (2) PARCELS OF REAL PROPERTY LOCATED AT THE INTERSECTION OF W. MUHAMMAD ALI BOULEVARD, 30TH STREET AND W. MARKET STREET AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (“METRO GOVERNMENT”) AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING ITS TRANSFER. (Action Required By: May 2015. Reintroduced 5-14-15 / Action Required By: November 2015). Sponsors:Cheri Bryant Hamilton (D-5) Attachments: Resolution declaring surplus Oct 2014 Certificate of surplus Exhibit A to Resolution declaring surplus Oct 2014 This item remained Held. Louisville Metro Government Page 4 Labor & Economic Development Action Summary - Final December 4, 2014 Committee 7. O-470-14 AN ORDINANCE RELATING TO MINIMUM WAGE TO BE PAID TO EMPLOYEES BY EMPLOYERS IN LOUISVILLE METRO. (AS AMENDED) 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: SPECIAL LABOR SPEAKERS NOVEMBER 10 2014 AGENDA 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 11-13-14 John Sheller Bio 11-13-14 McKenzie Cantrell Bio 12-15-14 Steve Rowland Letter to Council Min Wage 12-15-14 Steve Rowland Payroll Review Min Wage 12-15-14 Memo Review of Financial Impact Statement on Minimum Wage Ordinance 12-15-14 Ltr Rec by Stoll Keenon Ogden BW 09-11-14 Ltr Rec by Stoll Keenon Ogden 12-11-14 Ltr Rec by Stoll Keenon Ogden O-470-14 NPR - A MALL W TWO MINIMUM WAGES ORD 216 2014 A motion was made by Council Member Scott, seconded by Council Member Butler, that this Ordinance be untabled. Without objection this Ordinance was Untabled. A motion was made by Council Member Fleming and seconded by Vice Chair Benson calling for an audit of the Financial Impact Statement. The motion was granted and the item was Tabled until the next Committee meeting. Adjournment Without objection the meeting adjourned at 2:45 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 December 11, 2014. Louisville Metro Government Page 5