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 Julie Denton (R-19) Tuesday, August 1, 2017 4:00 PM Council Chambers Call to Order Chair Person Hamilton called the meeting to order at 4:03 PM. Roll Call Chair Person Hamilton introduced the committee members and non committee members present. A quorum was established. Committee Member Butler arrived at 4:04 PM. Present: 5- 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), and Committee Member Julie Denton (R-19) Non-Committee Members Council Member Barbara Sexton Smith (D-4) Support Staff Nick Lococo, Jefferson County Attorney's Office Clerk Jess Helton, CKMC Louisville Metro Government Page 1 Labor and Economic Development Action Summary - Final August 1, 2017 Committee Special Discussion 1. ID 17-1103 Workforce Development Presentation - Gloria Fuqua (Economic Development) and Rider Rodriguez (KentuckianaWorks) Attachments: 080117 LED Workforce Presentatioin.pdf Ms. Fuqua, Mr. Rodriguez and Franeisha Jones, Jefferson County Public Schools, gave a presentation and answered questions. 2. ID 17-1074 Public Hearing pursuant to KRS 65.7051 on the Development Plan for the Louisville Chemical Building Development Area (O-235-17) Attachments: 080117 TIF Presentation.pdf Chair Person Hamilton opened the public hearing. The following spoke in favor of the proposal: - Laura Ferguson, Louisville Forward - Cliff Ashburner, Dinsmore & Shohl - Mariah Gratz, Weyland Ventures There was no one present to speak against the proposal. With no one else present to speak, Chair Person Hamilton closed the public hearing. Louisville Metro Government Page 2 Labor and Economic Development Action Summary - Final August 1, 2017 Committee Pending Legislation 3. O-235-17 AN ORDINANCE ESTABLISHING A DEVELOPMENT AREA PURSUANT TO PROVISIONS OF KRS 65.7041- 65.7083 TO BE KNOWN AS THE LOUISVILLE CHEMICAL BUILDING DEVELOPMENT AREA, DESIGNATING THE METRO DEVELOPMENT AUTHORITY, INC. AS AN "AGENCY", ADOPTING A DEVELOPMENT PLAN, APPROVING ENTERING INTO A LOCAL PARTICIPATION AGREEMENT, AUTHORIZING THE PAYMENT OF THE "RELEASED AMOUNT" PURSUANT TO THE TERMS AND CONDITIONS OF THE LOCAL PARTICIPATION AGREEMENT, REQUIRING THE SUBMISSION OF REGULAR REPORTS TO LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AND AUTHORIZING THE EXECUTION AND DELIVERY OF ANY OTHER DOCUMENTS AND THE TAKING OF ANY OTHER ACTIONS NECESSARY TO ACCOMPLISH THE PURPOSES AUTHORIZED BY THIS ORDINANCE. Sponsors:Primary Barbara Sexton Smith (D-4) Attachments: O-235-17 V.1 072717 Louisville Chemical Building Development Area.pdf O-235-17 V.1 072717 ATTACH Exhibit A Development Plan.pdf O-235-17 V.1 072717 ATTACH Exhibit B Map of Development Area.pdf O-235-17 V.1 072717 ATTACH Exhibit C Local Participation Agreement.pdf 080117 TIF Presentation.pdf A motion was made by Committee Member Butler, seconded by Committee Member Mulvihill, that this Ordinance be recommended for approval. Cliff Ashburner, Dinsmore & Shohl, and Mariah Gratz, Weyland Ventures, spoke to the item. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 5- Hamilton, Benson, Mulvihill, Butler, and Denton Louisville Metro Government Page 3 Labor and Economic Development Action Summary - Final August 1, 2017 Committee 4. R-085-17 A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO AAK USA K2, LLC, AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF, PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. Sponsors:Primary Cheri Bryant Hamilton (D-5) Attachments: R-085-17 V.1 072717 Incentives to AAK USA K2, LLC.pdf Prelim Board Summary - AAK USA K2, LLC.pdf Support Letter - AAK USA K2, LLC.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Rebecca Fleischaker, Economic Development, spoke to the item. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. Adjournment Without objection, Chair Person Hamilton adjourned the meeting at 4:58 PM. *NOTE: Items sent to the Consent Calendar or Old Business will be heard before the full Council at the Metro Council Meeting on August 10, 2017. Louisville Metro Government Page 4