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 15, 2017 4:00 PM Council Chambers Call to Order Chair Person Hamilton called the meeting to order at 4:07 PM. Roll Call Chair Person Hamilton introduced the committee members present. A quorum was established. Present: 4- Chair Person Cheri Bryant Hamilton (D-5), Vice Chair Stuart Benson (R-20), Committee Member Pat Mulvihill (D-10), and Committee Member Marianne Butler (D-15) Excused: 1- Committee Member Julie Denton (R-19) 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 15, 2017 Committee Pending Legislation 1. R-099-17 A RESOLUTION AMENDING RESOLUTION NO. 186, SERIES 2013, REGARDING THE GRANTING OF LOCAL INCENTIVES TO GAZELLE, INC. PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32, TO CHANGE THE NAME OF THE APPROVED COMPANY FROM GAZELLE, INC. TO ECOATM, LLC, DBA GAZELLE. Sponsors:Primary Cheri Bryant Hamilton (D-5) Attachments: R-099-17 V.1 081017 Incentive Name Change Gazelle to ecoATM.pdf ecoATM, LLC - Gazelle - Sec. of State Registration.pdf Gazelle - Local Resolution 186, Series 2013.pdf Gazelle, Inc. - KBI Board Report - February 28 2013.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Benjamin Moore, Economic Development, spoke to the item. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. 2. R-102-17 A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO QSR AUTOMATIONS, INC. AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. Sponsors:Primary Cheri Bryant Hamilton (D-5) Attachments: R-102-17 V.1 081017 Incentives to QSR Automations.pdf QSR Automations, Inc.- KEDFA Prelim approval October 30, 2014.pdf QSR Automations, Inc.- Louisville Metro support letter.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Benjamin Moore, Economic Development, spoke to the item. The Committee asked to be notified for future incentives if the CEO's salary is included in the average hourly wage and include the average hourly wage not including benefits, as well as with benefits. The motion carried by a voice vote and the Resolution was sent to Old Business to allow for a possible abstention. Louisville Metro Government Page 2 Labor and Economic Development Action Summary - Final August 15, 2017 Committee 3. R-104-17 A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO ANGEL’S SHARE BRANDS 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-104-17 V.1 081017 Incentives to Angel's Share Brands.pdf Angel's Share Brands LLC- Louisville Support Letter.pdf Angel's Share Brands LLC-KEDFA Prelim Approval May 30, 2013.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Benjamin Moore, Economic Development, spoke to the item. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. 4. R-106-17 A RESOLUTION AUTHORIZING THE MAYOR TO ACCEPT $75,000 FROM THE ENERGY AND ENVIRONMENT CABINET TO ASSIST IN THE REMEDIATION OF LOUISVILLE GARDENS AND TO BE ADMINISTERED BY DEVELOP LOUISVILLE Sponsors:Primary Marianne Butler (D-15) Attachments: R-106-17 V.1 081017 Louisville Gardens Remediation Funding.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Allison Smith, Office of Advance Planning in Develop Louisville, spoke to the item. The motion carried by a voice vote and the Resolution was sent to the Consent Calendar. Louisville Metro Government Page 3 Labor and Economic Development Action Summary - Final August 15, 2017 Committee 5. O-270-17 AN ORDINANCE OF LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AUTHORIZING THE ISSUANCE OF ITS HEALTH CARE FACILITIES REVENUE BONDS, SERIES 2017 (PMOB, INC. PROJECT) IN A MAXIMUM PRINCIPAL AMOUNT OF $48,610,000.00 FOR THE PURPOSE OF FINANCING THE COSTS OF THE ACQUISITION, CONSTRUCTION, INSTALLATION, AND EQUIPPING OF HEALTH CARE AND HEALTH RELATED FACILITIES FOR PMOB, INC.; AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE AND LOAN AGREEMENT AND A TAX REGULATORY AGREEMENT; AUTHORIZING CERTAIN OTHER MATTERS, INCLUDING THE EXECUTION OF RELATED DOCUMENTS, IN CONNECTION WITH THE ISSUANCE, SALE, AND DELIVERY OF THE SERIES 2017 BONDS Sponsors:Primary Cheri Bryant Hamilton (D-5) Attachments: O-270-17 V.1 081017 Healthcare Facilities Revenue Bonds for PMOB.pdf 081517 Updated PMOB slides 8-7-17 Metro council (3) Read-Only.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Ordinance be recommended for approval. Mark Franklin, Stoll Keenon Ogden, and Laura Thomas, Department of Pediatrics, University of Louisville, gave a presentation and answered questions. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar: Yes: 4- Hamilton, Benson, Mulvihill, and Butler Excused: 1- Denton Louisville Metro Government Page 4 Labor and Economic Development Action Summary - Final August 15, 2017 Committee 6. R-108-17 A RESOLUTION DETERMINING EIGHTY-THREE (83) PARCELS OF REAL PROPERTY, LOCATED AT THE ADDRESSES SET OUT IN EXHIBIT “A” ATTACHED HERETO AND OWNED BY LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (“METRO GOVERNMENT”), AS SURPLUS AND NOT NEEDED FOR A GOVERNMENTAL PURPOSE AND AUTHORIZING THEIR TRANSFER TO LOUISVILLE AND JEFFERSON COUNTY LANDBANK AUTHORITY, INC. (“LANDBANK”). Sponsors:Primary Cheri Bryant Hamilton (D-5) Attachments: R-108-17 V.1 081017 Surplus Property of 83 Parcels.pdf R-108-17 V.1 081017 Exhibit A Certification of Surplus Property.pdf A motion was made by Vice Chair Benson, seconded by Committee Member Butler, that this Resolution be recommended for approval. Laura Grabowski, Vacant and Public Property Administration in Develop Louisville, 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 4:37 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 24, 2017. Louisville Metro Government Page 5