Labor and Economic Development Committee

Agenda

1. Call to Order

   Chair Reno-Weber called the meeting to order at 3:00 p.m.

2. Roll Call

   Chair Reno-Weber introduced the committee members present. Note: All committee members present attended in Chambers, except Committee Member McCraney and Committee Member Raymond, who attended virtually.

3. Special Discussion
4. 1. WORKFORCE DEVELOPMENT: Michael Gritton, KentuckianaWorks
   Discussion Item

   Michael Gritton, KentuckianaWorks, gave a presentation (see attached) The following also spoke to this item:

5. 2. ECONOMIC IMPACT UPDATE: Laela Kashan and Mandy Marler, Kentucky Nonprofit Network
   Discussion Item
6. Pending Legislation
7. 3. A RESOLUTION PURSUANT TO THE CAPITAL AND OPERATING BUDGET ORDINANCES APPROVING THE APPROPRIATION TO FUND THE FOLLOWING NONCOMPETITIVELY NEGOTIATED PROFESSIONAL SERVICE CONTRACT FOR LOUISVILLE METRO PUBLIC HEALTH AND WELLNESS (“LMPHW”) TO HIRE A QUALIFIED LABORATORY DIRECTOR (UNIVERSITY OF LOUISVILLE D/B/A DIVISION OF INFECTIOUS DISEASE - $102,106.57).
   Resolution
   Action: recommended for approval

   A motion was made by Committee Member Batshon, seconded by Committee Member Lyninger, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

8. 4. A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO MYDATT SERVICES INC. D/B/A BLOCK BY BLOCK AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32.
   Resolution
   Action: recommended for approval

   A motion was made by Committee Member Hudson, seconded by Vice Chair Bast, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

9. 5. A RESOLUTION OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AUTHORIZING THE ISSUANCE OF ITS HEALTHCARE FACILITIES REVENUE BOND ANTICIPATION NOTES (WESLEY OAKS SENIOR LIVING EXPANSION PROJECT), SERIES 2026 (THE “NOTES”) IN ONE OR MORE SERIES IN AN INITIAL AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $6,200,000; AUTHORIZING THE LOAN OF THE PROCEEDS OF THE NOTES TO 5400 EAST MANSLICK, LLC, A KENTUCKY NONPROFIT LIMITED LIABILITY COMPANY, TO (A) FINANCE CERTAIN COSTS INCURRED PRIOR TO THE ACQUISITION, CONSTRUCTION, INSTALLATION, AND EQUIPPING OF LONG-TERM HEALTHCARE AND HEALTH RELATED FACILITIES LOCATED AT 5012 AND 5400 EAST MANSLICK ROAD, LOUISVILLE, KENTUCKY AND (B) PAY A PORTION OF THE COSTS OF ISSUANCE; APPROVING THE SALE OF THE NOTES TO THE PURCHASER THEREOF; AUTHORIZING THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT, TRUST INDENTURE, AND NOTE PURCHASE AGREEMENT GOVERNING THE SALE AND ISSUANCE OF THE NOTES AND THE USE OF THE PROCEEDS THEREOF; APPROVING A PRELIMINARY LIMITED OFFERING MEMORANDUM AND A LIMITED OFFERING MEMORANDUM TO BE UTILIZED IN THE SALE OF THE NOTES; AUTHORIZING ANY AND ALL OTHER RELATED DOCUMENTS; AND AUTHORIZING THE TAKING OF OTHER ACTION.
   Resolution
   Action: recommended for approval

   A motion was made by Committee Member Lyninger, seconded by Committee Member Batshon, that this Resolution be recommended for approval. The motion carried by the following vote and the Ordinance was sent to the Consent Calendar:

10. Adjournment
11. 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.
12. Clerk(s)

    Mary Willis, Assistant Clerk Amy Golden, Assistant Clerk

13. Transcript
14. Support Staff

    Nicole Pang, Jefferson County Attorney's Office