Labor and Economic Development Committee
TL;DR
The Labor and Economic Development Committee met to consider three items focused on economic development and funding. The committee addressed establishment of a development area for the Landmark Building project, local tax incentives for R.C. Bigelow, Inc., and acceptance of a $25,000 federal grant to support economic resilience programs.
Key Decisions
- Landmark Building Development Area Ordinance Presented for consideration
- Local Incentives for R.C. Bigelow, Inc. Presented for consideration
- $25,000 National League of Cities Grant Presented for consideration
Agenda
- Call to Order
- Roll Call
- Special Discussion
- Pending Legislation
- 1. AN ORDINANCE ESTABLISHING A DEVELOPMENT AREA PURSUANT TO PROVISIONS OF KRS 65.7041- 65.7083 TO BE KNOWN AS THE LANDMARK 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.Ordinance
- 2. A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO R.C. BIGELOW, INC. AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32.Resolution
- 3. A RESOLUTION AUTHORIZING THE MAYOR TO ACCEPT $25,000 FROM THE NATIONAL LEAGUE OF CITIES INSTITUTE (NLCI) AS PART OF THE BUILDING ECONOMIC RESILIENCE IN COMMUNITIES PROGRAM TO BE ADMINISTERED BY THE OFFICE OF SOCIAL SERVICESResolution
- Adjournment
- Note: Agendas are followed at the discretion of the Chair. While an item may be listed, it does not mean all items will be heard and/or acted upon by the Committee.