Labor and Economic Development Committee

601 W. Jefferson Street Louisville Metro Government Louisville, KY 40202 Action Summary - Final Labor and Economic Development Committee Chair Person Cheri Bryant Hamilton (D-5) Vice Chair Stuart Benson (R-20) Committee Member Pat Mulvihill (D-10) Committee Member Marianne Butler (D-15) Committee Member Robin Engel (R-22) Tuesday, March 15, 2016 4:00 PM Council Chambers Call to Order Chair Person Hamilton called the meeting to order at 4:04 p.m. Roll Call Chair Person Hamilton introduced the members present. A quorum was not established. Present: 2- Chair Person Cheri Bryant Hamilton (D-5), and Vice Chair Stuart Benson (R-20) Excused: 3- Committee Member Pat Mulvihill (D-10), Committee Member Marianne Butler (D-15), and Committee Member Robin Engel (R-22) Supporting Staff Nick Lococo, Jefferson County Attorney's Office Clerk David B. Wagner, Assistant Clerk Louisville Metro Government Page 1 Labor and Economic Development Action Summary - Final March 15, 2016 Committee Pending Legislation 1. R-032-16 A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO JACK HENRY & ASSOCIATES, INC., ITS APPROVED AFFILIATE IPAY TECHNOLOGIES, LLC, AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. Sponsors:Cheri Bryant Hamilton (D-5) Attachments: iPay Technologies, LLC-Jack Henry & Associates, Inc. Lousiville support letter iPay Technologies, LLC-Jack Henry & Associates, Inc. prelim board summary A motion was made by Vice Chair Benson, seconded by Chair Person Hamilton, that the Resolution be recommended for approval. John Gant, Economic Development, spoke to the item. Since no quorum was established, no vote was taken and the Resolution was sent to Old Business without a recommendation. 2. R-033-16 A RESOLUTION AMENDING RESOLUTION 145, SERIES 2012 APPROVING THE GRANTING OF LOCAL INCENTIVES TO LOUISVILLE PROCESSING & COLD STORAGE, INC. FORMERLY KNOWN AS ABILENE TX FOODS, INC., AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. Sponsors:Cheri Bryant Hamilton (D-5) Attachments: Abilene TX Foods, Inc. prelim board summary October 27, 2011 Local Resolution to be revised- Abilene TX Foods, Inc. A motion was made by Vice Chair Benson, seconded by Chair Person Hamilton, that the Resolution be recommended for approval. John Gant, Economic Development, spoke to the item. Since no quorum was established, no vote was taken and the Resolution was sent to Old Business without a recommendation. Louisville Metro Government Page 2 Labor and Economic Development Action Summary - Final March 15, 2016 Committee 3. R-036-16 AN INDUCEMENT RESOLUTION OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE "ISSUER") GIVING PRELIMINARY APPROVAL TO THE ACQUISITION, CONSTRUCTION AND EQUIPPING OF A NEW MANUFACTURING FACILITY TO BE LOCATED IN THE 700 BLOCK OF EAST JEFFERSON STREET, LOUISVILLE, KENTUCKY; SUCH FACILITY TO BE OPERATED BY RABBIT HOLE SPIRITS, LLC, AND USED FOR THE DISTILLING AND PRODUCTION OF BOURBON AND OTHER SPIRITS; GIVING PRELIMINARY APPROVAL TO THE ISSUANCE OF TAXABLE AND/OR TAX-EXEMPT INDUSTRIAL BUILDING REVENUE BONDS AT THE APPROPRIATE TIME TO PAY THE COST OF ACQUISITION, CONSTRUCTION AND EQUIPPING OF SAID PROJECT; AND TAKING OTHER PRELIMINARY ACTIONS. Sponsors:David Tandy (D-4) A motion was made by Vice Chair Benson, seconded by Chair Person Hamilton, that the Resolution be recommended for approval. The following spoke to the item: - John Gant, Economic Development - John Egan, Frost Brown Todd Attorneys, LLC - Nick Lococo, Jefferson County Attorney's Office Since no quorum was established, no vote was taken and the Resolution was sent to Old Business without a recommendation. 4. R-037-16 A RESOLUTION APPROVING AN AMENDED AND RESTATED INTERLOCAL COOPERATION AGREEMENT AMONG LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND THE COUNTIES OF BULLITT, HENRY, OLDHAM, SHELBY, SPENCER AND TRIMBLE RELATING TO WORKFORCE DEVELOPMENT. Sponsors:Cheri Bryant Hamilton (D-5) Attachments: Amended InterLocal Agreement January 25 2016.pdf A motion was made by Vice Chair Benson, seconded by Chair Person Hamilton, that the Resolution be recommended for approval. Michael Gritton, Kentuckiana Works, spoke to the item. Since no quorum was established, no vote was taken and the Resolution was sent to Old Business without a recommendation. Adjournment Without objection, the meeting adjourned at 4:31 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 24, 2016. Louisville Metro Government Page 3