[00:00:18]
[Call to Order]
GOOD AFTERNOON. THIS IS THE REGULAR LABOR ECONOMIC DEVELOPMENT APPROPRIATIONS COMMITTEE FOR TUESDAY, MARCH 19TH. I AM THE CHAIRMAN OF THE COMMITTEE COUNCILMAN PHILIP[Roll Call]
BAKER, AND I'M JOINED BY MY VICE CHAIR COUNCILMAN ROBIN EAGLE, JOINING US IN TABLES. UH, TA IN CHAMBERS TODAY. OUR COUNCILMAN DAN SIM ALSO AND WE ARE JOINED ONLINE. BY COUNCILWOMAN DONNA PURPOSE. COUNCILMAN KHALIL BAN AND COUNCILMAN PAT MOBILE HILL. UM THIS MEENG IS BEING HELD PURSUANT TO KRS, 61.826 AND COUNCIL RULE FIVE A. AND MY APOLOGIES. WE ARE ALSO JOINED BY THILLUSTRIOUCOUNLWOMAN MANNA,LO. UE' A GNA TOW ON[1. O-048-24 AN ORDINANCE APPROPRIATING $5,900 FROM NEIGHBORHOOD DEVELOPMENT FUNDS IN THE FOLLOWING MANNER: $3,000 FROM DISTRICT 9; $1,000 FROM D24; $650 FROM DISTRICT 3; $500 EACH FROM DISTRICTS 8 AND 21; AND $250 FROM DISTRICT 13; THROUGH THE OFFICE OF MANAGEMENT AND BUDGET, CRESCENT HILL COMMUNITY COUNCIL, INC. FOR PRIVATE SECURITY COSTS FOR THE FRANKFORT AVENUE EASTER PARADE. Action Required By: September 2024 Sponsors: Andrew Owen (D-9), Shameka Parrish-Wright (D-3),Ben Reno-Weber (D-8),Dan Seum, Jr. (R-13),Betsy Ruhe (D-21),Madonna Flood (D-24)]
ITEM 1004 IN A AN ORDINANCE APPROPRIATING 5900 FROM NEIGHBORHOOD DEVELOPMENT FUNDS IN THE FOLLOWING MANNER. 3000 FROM DISTRICT 9 1000 FROM DISTRICT 24 650 FROM DISTRICT 3 500 FROM EACH DISTRICT EIGHT AND 21 AND $250 FROM DISTRICT 13 TO THE OFFICE OF MANAGEMENT AND BUDGET, CRESCENT HILL COMMUNITY COUNCIL. PRIVATE SECURITY COSTS FOR THE FRANKFURT AVENUE EASTER PARADE. CAN I GET A MOTION? CAN I MOVE PURPOSE? UH, PROPERLY MOTIONED AND SECONDED. WE NOW HAVE A REPRESENTATIVE FROM COUNCILMAN OWENS OFFICE TO SPEAK TO THANK YOU. YOU HAVE AN THANK YOU SO MUCH. SO YES. THE CRESCENT HILL COMMUNITY COUNCIL IS THE HOST OF THE ANNUAL FRANKFURT AVENUE EASTER PARADE, AND THIS YEAR THE PARADE WILL TAKE PLACE ON SATURDAY MARCH 30TH 2024 AND WILL BEGIN AT APPROXIMATELY 11:30 A.M. ENDING AT 1 P.M. THE PARADE HAS 50 ENTRIES IN WHICH INCLUDE FLOATS, ANIMALS, BANDS AND SO MUCH MORE, NONE OF WHICH ARE ASKED TO PAY ANY ENTRANCE FEE AS WE WANT TO MAINTAIN A FREE COMMUNITY EVENT. THIS EVENT ATTRACTS CONSTITUENTS FROM DISTRICTS AND ALLOWS THEM TO CELEBRATE TOGETHER AND SO THE FUNDS WILL PAY FOR SECURITY.DOES THIS ORDINANCE? UM ADDRESS ALL THE FUNDS THAT THEY WERE ASKED FOR THIS? UM THE TOTAL AS TO 7500, BUT THE APPROPRIATION OF 5900 WAS OK, AND THIS IS SONIA, THE CLERK. I ACTUALLY LED , UM, REGINA. WRONG. UM I DIDN'T REALIZE THAT THERE WOULD POSSIBLY BE AN AMENDMENT. THEY ARE OPEN FOR ADDITIONAL FUNDS. SO THAT WAS A GREAT QUESTION, SIR. ALL RIGHT, SO WE ARE, UM, IS THERE ANY DISCUSSION SEEING NO SPEAKERS IN THE QUEUE. UM, THIS ITEM RECALLS A ROLL CALL VOTE. MADAM CLARK, COULD YOU PLEASE OPEN THE VOTING? COUNCILMAN BACK OH, SORRY, COUNCILMAN MOBILE HILL. YES UH, DISTRICT. 10 WILL CONTRIBUTE $500 TOWARDS THE TOWARDS THE EVENT FOR THE SECURITY. THANK YOU. AND WE'LL MAKE SURE THAT THIS GOES TO OLD BUSINESS AS WELL. THANK YOU. ALL RIGHT, AND SO CAN I GET A MOTION TO SECOND FOR THAT AMENDMENT? PROBABLY MOTION IN A SECOND. THIS REQUIRES A VOICE VOTE. ALL THOSE IN FAVOR SAY, AYE. UH, I WOULD SAY NAY. THE EYES. HAVE IT NOW WE'RE YOU BACK TO THE ORIGINAL ITEM. IS THERE ANY OTHER FURTHER DISCUSSION ON THIS? THOSE SPEAKERS ONLINE OR IN THE QUEUE. UH THIS WE WILL OPEN. UH, MADAM CLERK, COULD YOU PLEASE OPEN UP FOR A ROLL CALL VOTE. WANTS TO SEE IT. COUNCIL MEMBER. UM NO.
HOLD ON COUNCIL MEMBER PURVIS YES, COUNCIL MEMBER MULVIHILL. YES. MR. CHAIR YOU HAVE EIGHT.
[00:05:07]
YES. VOTES THANK YOU. THIS ITEM WILL BE 77. YES VOTES AND THIS WILL BE SENT TO OLD BUSINESS.THANK YOU. THANK YOU. ITEM NUMBER TWO C. I 031924 P AS IN PAUL W 12 APPROPRIATING 6200 FROM DISTRICT 12 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF TWO SPEED HUMPS AND SPEED HUMP SIGNS ON GALAXY DRIVE WITH THE CONSTITUENTS ON GALAXY DRIVE
[2. CIF031924PW12 APPROPRIATING $6,200 FROM DISTRICT 12 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF TWO SPEED HUMPS AND SPEED HUMP SIGNS ON GALAXIE DRIVE, WITH THE CONSTITUENTS ON GALAXIE DRIVE PAYING $2,720 OF THE PROJECT WHOSE TOTAL COST IS $8,920. Sponsors: Rick Blackwell (D-12) ]
PAYING TWO AND $720 OF THE PROJECTS WHOSE TOTAL COST IS 8920. CAN I GET A MOTION IN A SECOND? ALL RIGHT. PROPER MOTION IN A SECOND. UH, IS THERE ANY DISCUSSION? WE HAVE HEATHER LEGE ASSISTANT FOR DISTRICT 12. METRO COUNCILMAN RICK BLACKWELL. UM THIS IS JUST SOMETHING WE'VE BEEN WORKING WITH THE CONSTITUENTS SINCE SEPTEMBER OF 22, AND WE'RE VERY EXCITED TO GET THIS GOING FORWARD FOR HIM. I'M SORRY, SIR. COULD GO AHEAD. THEY FIXED ALL RIGHT. THANK YOU.UM THIS, UH, ITEM I BELIEVE IS CALLING FOR A ROLL CALL. VOTE NO, I'M SORRY. A VOICE VOTE. UM, ALL THOSE IN FAVOR SAY I ALL THOSE OPPOSED, SAY NAY. THE I HAVE. THANK YOU OF THE CALENDAR.
UM ITEM NUMBER THREE NDF 031924 P AS IN PAUL W AS IN, UH, WATER. 12 APPROPRIATING $900 FROM
[3. NDF031924PW12 APPROPRIATING $900 FROM DISTRICT 12 NEIGHBORHOOD DEVELOPMENT FUNDS, THROUGH PUBLIC WORKS, TO PEWEE TREE SERVICES FOR GRASS CUTTING AND MAINTENANCE AT ROSE FARM PARK IN DISTRICT 12 FROM JUNE 13, 2023 THROUGH JULY 30, 2023. Sponsors: Rick Blackwell (D-12) ]
DISTRICT 12 NEIGHBORHOOD DEVELOPMENT FUNDS TO PUBLIC WORKS TO PEE WEE TREE SERVICES FOR GRASS CUTTING AND MAINTENANCE AT ROADS. FARM PARKING DISTRICT 12 FROM JUNE 13 TO 2023 THROUGH JULY. 30TH 2023 CAN I GET A MOTION IN A SECOND? PROPERLY MOTIONED AND SECOND, UM , IS THERE. BARRING THAT THERE'S NO SPEAKERS IN THE QUEUE? UH, THIS IS OH, OH, WELL, YOU GO AHEAD. I DIDN'T KNOW. SORRY YOU'RE YOU'RE ACTUALLY FIVE. THIS IS UNDER FIVE. BUT GO AHEAD AND SPEAK TO THIS ITEM. WELL, THIS IS JUST SOMETHING WE HAD DONE LAST YEAR, AND THEN WE FOUND OUT PARKS WAS TAKING CARE OF THE MAINTENANCE. SO THEN WE WITHDREW THE, UM ND FOR IT. BUT THEN THEY HAD ALREADY DONE SOME OF THE MAINTENANCE SO THAT WE HAD TO GO BACK AND PAY THEM FOR WHAT THEY HAD DONE. THANK YOU, UM, SEEING THERE'S NO OTHER SPEAKERS IN THE QUEUE. THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AYE. ALL THOSE OPPOSED, SAY NAY. THE EYES HAVE IT, UM, ITEM NUMBER FOUR WILL BE HELD. UM, WE'RE ON TO ITEM NUMBER FIVE CIF 031924 PW 15 APPROPRIATING $600 FROM DISTRICT 15 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF A PAINTED BUMP OUT PAVEMENT MARKINGS ON GEORGE HAWK WAY AT[5. CIF031924PW15 APPROPRIATING $600 FROM DISTRICT 15 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF PAINTED BUMP OUT PAVEMENT MARKINGS ON GEORGE HAUCK WAY AT GOSS AVENUE. Sponsors: Jennifer Chappell (D-15) Jennifer Chappell (D-15)]
GOLF AVENUE. CAN I GET A MOTION IN A SECOND? ALL PROPERLY MOTION IN SECOND IS THERE ANY DISCUSSION SEEING THERE'S NO SPEAKERS IN THE QUEUE? UH, THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY ALL THOSE OPPOSED, SAY NAY. THE EYES. HAVE IT. ITEM NUMBER SIX CRF 031924[6. CIF031924PW16 APPROPRIATING $56,088 FROM DISTRICT 16 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS TO REPAIR SEVERAL SIDEWALKS THROUGHOUT THE WOLF CREEK SUBDIVISION. Sponsors: Scott Reed (R-16) ]
P. OH, I'M SORRY. UH, WE ARE HOLDING NUMBER SIX. AS ON MY PAPER. SORRY ABOUT THAT. WE ARE[7. CIF031924PW20 APPROPRIATING $38,000 FROM DISTRICT 20 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE COST OF A DESIGN STUDY TO BE CONDUCTED FOR A NEW SIDEWALK CONNECTION ALONG THE SOUTH SIDE OF TAYLORSVILLE ROAD BETWEEN RUCKRIEGEL PARKWAY AND WILLOWVIEW BOULEVARD IN CONJUNCTION WITH THE CITY OF JEFFERSONTOWN. Sponsors: Stuart Benson (R-20) ]
ON TO ITEM NUMBER SEVEN CIF 031924 P AS IN PAUL W-2 0 APPROPRIATING TH $38,000 FROM DISTRICT 20 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE COST OF A DESIGN STUDY TO BE CONDUCTED CONDUCTED FOR A NEW SIDEWALK CONNECTION ALONG THE SOUTH SIDE OF TAYLORSVILLE ROAD BETWEEN RLE PARKWAY AND WILLOW VIEW BOULEVARD. IN CONJUNCTION WITH THE CITY OF JOW, UH, JEFFERSON TOWN. MAY I GET A MOTION IN A SECOND? SECOND UH PROPERLY.MOTION IS SECOND AND ALSO, UH UH, WE'VE BEEN JOINED BY COUNCILWOMAN CHAPPELL. IS THERE ANY DISCUSSION ON THIS ITEM? SEEING THAT THERE'S NO DISCUSSION. LET'S SEE. ONE SECOND. ALL RIGHT. AND WHILE WE WERE, UH, JOINING, WE WERE ALSO JOINED BY COUNCILMAN UH BRENT ACKERSON, UH, DURING, UH UM THAT WAY. UM BUT WE ARE GOING TO, UH, I THINK IT'S BEST BECAUSE THEY DON'T HAVE A REPRESENTATIVE HERE TO UH, TO TABLE UM, UM, WE'RE GONNA TABLE THIS. CAN I GET A MOTION IN A SECOND? ALL RIGHT, PROPER MOTION. SECOND, WE WILL COME BACK TO THIS ITEM. THANK YOU PROPER MOTION IN SECOND. NEXT WE HAVE ITEM NUMBER EIGHT CIF
[8. CIF031924PW21 APPROPRIATING $9,503.76 FROM DISTRICT 21 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF RECTANGULAR RAPID FLASHING BEACONS (RRFB) ON SOUTHERN PARKWAY AT OLMSTED SOUTH MIDDLE SCHOOL. Sponsors: Betsy Ruhe (D-21) ]
031924 P W-2 1 APPROPRIATING $9503.76 FROM DISTRICT 21 CAPITAL INFRASTRUCTURE FUNDS TO[00:10:03]
PUBLIC WORKS FOR THE INSTALLATION OF RECTANGULAR RAPID FLASHING BEACONS ARE RFB ON SOUTHERN PARKWAY AT OLMSTEAD SOUTH MIDDLE SCHOOL. UH, CAN I GET A MOTION IN A SECOND? SECOND PROPERLY MOTION IN, UH SECOND. UH, WE HAVE MR REZA TO SPEAK TO THIS. GOOD AFTERNOON. THANK YOU.CHAIR BAKER. MY NAME IS ASH REZA LEGISLATIVE AIDE FOR DISTRICT 21 . AS YOU MENTIONED THIS IS, UH, THE MID CROSS BLOCKING, UH, IN FRONT OF THE SAD SOUTH MIDDLE SCHOOL TO ENHANCE THE SAFETY FOR THE CHILDREN AND IN THE COMMUNITY, AND IT'S TOTALLY FOUNDED BY DISTRICT 21. THANK YOU. THANK YOU. SEEING THERE'S NO OTHER THE SPEAKERS IN THE QUEUE. UH, MADAM CLERK, COULD YOU PLEASE OPEN THE FOR A ROLL CALL BOOK. OH, WELL, THIS COULD BE A VOICE FOR ALL THOSE IN FAVOR. SAY I ALL THOSE OPPOSED, SAY NAY. THE EYES. HAVE IT. ITEM NUMBER NINE NDF 031924 MP 21
[9. NDF031924MP21 APPROPRIATING $250 FROM DISTRICT 21 NEIGHBORHOOD DEVELOPMENT FUNDS TO METRO PARKS, IN CONJUNCTION WITH THE WILDER PARK NEIGHBORHOOD ASSOCIATION, FOR THE PERMIT COSTS OF THE ANNUAL EASTER EGG HUNT TO BE HELD AT HUSTON QUIN PARK. Sponsors: Betsy Ruhe (D-21) ]
APPROPRIATING $250 FROM DISTRICT 21 NEIGHBORHOOD DEVELOPMENT FUNDS TO METRO PARKS IN CONJUNCTION WITH THE WILD PARK NEIGHBORHOOD ASSOCIATION FOR THE PERMIT COST OF THE ANNUAL EASTER EGG HUNT TO BE HELD AT HOUSTON. QUINN PARK. CAN I GET A MOTION IN A SECOND, PROPERLY MOTIONED IN THE SECOND, SEEING THAT THERE'S NO SPEAKERS IN THE QUEUE? THIS ITEM IS REQUIRING A VOICE. ALL THOSE IN FAVOR SAY AYE. ALL THOSE OPPOSED, SAY, NAY , THE EYES HAVE IT. ITEM NUMBER 10. UH, ZERO. I'M SORRY. 0052 IN ORDINANCE APPROPRIATING 6500 FROM DISTRICT SIX NEIGHBORHOOD[10. O-052-24 AN ORDINANCE APPROPRIATING $6,500 FROM DISTRICT 6 NEIGHBORHOOD DEVELOPMENT FUNDS TO METRO PARKS FOR COSTS ASSOCIATED WITH THE ANNUAL JAZZ IN CENTRAL PARK EVENT. Action Required By: September 2024 Sponsors: Phillip T. Baker (D-6) ]
DEVELOPMENT FUNDS TO METRO PARKS FOR COST ASSOCIATE ASSOCIATED WITH ANNUAL JAZZ AND CENTRAL PARK EVENT. CAN I GET A MOTION IN A SECOND? THE PURPOSE, UH, PROPERLY MOTIONED. AND SECOND.WE HAVE, UM TONY HARDING TO SPEAK TO THIS. THANK YOU. CHAIRMAN THIS IS THE ANNUAL JAZZ IN CENTRAL PARK EVENT THAT WE HOLD EACH YEAR OUT OF DISTRICT SIX AND THIS IS THE DOWN PAYMENT. ALL RIGHT. SEEING THERE'S NO OTHER FIRST SPEAKERS IN THE QUEUE. THIS ITEM IS REQUIRING A ROLL CALL VOTE. MADAM CLERK. COULD YOU PLEASE OPEN THE PHONE? COUNCIL MEMBER PURVIS YES. COUNCIL MEMBER MULVIHILL. YES. COUNCIL MEMBER ACKERSON YES. MR. CHAIR YOU HAVE EIGHT. YES VOTES. UH, THANK YOU, UH, ITEM NUMBER 11. WE HAVE, UM 005724 IN THE ORDINANCE
[11. O-057-24 AN ORDINANCE APPROPRIATING $10,000 FROM DISTRICT 6 NEIGHBORHOOD DEVELOPMENT FUNDS TO THE LOUISVILLE METRO POLICE DEPARTMENT, 4TH DIVISION, TO FUND OVERTIME FOR ADDITIONAL PATROLLING OF THE OLD LOUISVILLE AND LIMERICK NEIGHBORHOODS. Action Required By: September 2024 Sponsors: Phillip T. Baker (D-6) ]
APPROPRIATING 10,000 FROM DISTRICT SIX NEIGHBORHOOD DEVELOPMENT FUNDS TO LOUISVILLE, METRO POLICE DEPARTMENT FOURTH DIVISION TO FUNDS OVERTIME FOR ADDITIONAL PATROLLING OF THE OLD GLOBAL AND LIMERICK NEIGHBORHOODS. CAN I GET IT PROPERLY MOTION IN A SECOND OF IMPROPERLY MOTIONED THIS SECOND? WE ALSO HAVE TONY HARDEN HERE TO SPEAK. I APOLOGIZE. CHAIRMAN. I DID NOT IDENTIFY MYSELF, TONY. PARDON? LEGISLATIVE ASSISTANT TO COUNCILMAN BAKER. UH, THIS IS $10,000 FOR THE FOURTH DIVISION OF METRO POLICE TO PATROL ADDITIONAL OVERTIME IN THE OLD LOUISVILLE AND LIMERICK NEIGHBORHOODS. THIS WAS REQUESTED BY THE NEIGHBORHOODS AND WE ARE FULFILLING THEIR REQUEST. THANK YOU, UM, SEEING THAT THERE'S NO SPEAKERS IN THE QUEUE OR NO. ONE ONLINE. THIS ITEM IS REQUIRING A ROLL CALL VOTE. MADAM CLARK, COULD YOU OPEN THE VOTING? COUNCIL MEMBER PERVIS YES, COUNCIL MEMBER MOTHER HILL. YES. COUNCIL MEMBER ACKERSON YES. COUNCIL MEMBER BE CHAMP. UH THANK YOU, SIR. MR. CHAIR. YOU'RE EIGHT YES VOTES.THANK YOU. AND THANK YOU ALL FOR PATIENT DISTRICT SIX IS GONNA BE WEARING YOU OUT FOR THE NEXT COUPLE OF ITEMS. UM THE NEXT ITEM 12 CIF 031924 PW 06 APPROPRIATING $13,120 FROM
[12. CIF031924PW06 APPROPRIATING $13,120 FROM DISTRICT 6 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF THREE SPEED HUMPS AND SPEED HUMP SIGNS ON HIGHLAND AVENUE, BETWEEN SCHILLER AVENUE AND SWAN STREET. Sponsors: Phillip T. Baker (D-6) ]
DISTRICT SIX CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF THREE SPEED HUMPS AND SPEED HUMP SIGNS ON HIGHLAND AVENUE BETWEEN SCHULER AND SWAN STREET. CAN I GET A MOTION IN SECOND PROPERLY? MOTION A SECOND. WE HAVE TONY HARD. SPEAK TO THE ASYLUM AS WELL. THANK YOU, CHAIRMAN AGAIN. TONY HARDIN, LEGISLATIVE ASSISTANT TO COUNCILMAN PHILIP BAKER. THIS IS FOR THIS THREE SPEED HUMPS AND SPEED HUMP SIGNS ON HIGHLAND AVENUE AGAIN, AS REQUESTED BY OUR CONSTITUENTS AND PROCESS THROUGH PUBLIC WORKS. THANK YOU, UM, SEE, THERE'S NO SPEAKERS IN THE QUEUE OR NO SPEAKERS ONLINE. THIS ITEM IS CALLING FOR A ROLL CALL VOTE.MADAM CLERK. COULD YOU PLEASE OPEN THE VOTING? OH, I'M SORRY. A VOICE VOTE. UM ALL THOSE IN FAVOR SAY I UH, ALL THOSE OPPOSED, SAY NAY. THE ISA IT, UM, NEXT IS CIF. UM 031924 PW 06
[13. CIF031924PW06a APPROPRIATING $188 FROM DISTRICT 6 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS TO FABRICATE AND INSTALL AN HONORARY STREET SIGN AT THE SOUTHWEST CORNER OF WEST MUHAMMAD ALI BOULEVARD AND SECOND STREET IN RECOGNITION OF GREGORY PAGE. Sponsors: Phillip T. Baker (D-6) ]
[00:15:09]
A APPROPRIATING $188 FROM DISTRICT SIX CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS TO FABRICATE AND INSTALL AND HONOR A STREET SIGN AT THE SOUTHWEST CORNER OF WEST MUHAMMAD ALI BOULEVARD AND SECOND STREET IN RECOGNITION OF GREG GREGORY PAGE. UM, MAY I HAVE A MOTION IN A SECOND? A LITTLE PURPOSE, PROPERLY MOTIONED IN SECOND. UH, THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY, AYE. ALL THOSE OPPOSED, SAY NAY. THE ARTS[14. CIF031924PW06b APPROPRIATING $188 FROM DISTRICT 6 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS TO FABRICATE AND INSTALL AN HONORARY STREET SIGN AT THE SOUTHWEST CORNER OF WEST MUHAMMAD ALI BOULEVARD AND FIRST STREET IN RECOGNITION OF MARVIN HART. Sponsors: Phillip T. Baker (D-6) ]
. HAVE IT NEXT ITEM. CIF 031924 PW 06 B APPROPRIATING $188 FROM DISTRICT SIX CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS TO FABRICATE AND INSTALL AN HONORARY STREET SIGN AT THE SOUTHWEST CORNER OF WEST MUHAMMAD ALI BOULEVARD IN FIRST STREET IN RECOGNITION OF MARVIN HART, UH, MAY I GET A MOTION IN A SECOND. PROPERLY MOTIONED IN SECOND. THIS VOTE IS CALLING, REQUIRING A, UH, VOICE VOTE. ALL THOSE IN FAVOR SAY I ALL THOSE OPPOSED, SAY NAY. S IT ITEM[15. CIF031924PW06c APPROPRIATING $8,920 FROM DISTRICT 6 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF TWO SPEED HUMPS AND SPEED HUMP SIGNS ON WEST BURNETT AVENUE, BETWEEN DIXIE HIGHTWAY AND SOUTH 22ND STREET. Sponsors: Phillip T. Baker (D-6) ]
NUMBER 15 CIF 031924 PW 06 C APPROPRIATING $8920 FROM DISTRICT SIX CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF TWO SPEED HUMPS AND SPEED HUMPS SIGNS ON WEST BURNET AVENUE BETWEEN DIXIE HIGHWAY AND SOUTH SECOND STREET. MAY I HAVE A MOTION IN A SECOND? SO WE FOR PROPER MOTION AND SECOND WE HAVE TONY HARDEN TO SPEAK TO THIS.THANK YOU. CHAIR TONY HARDIN, LEGISLATIVE ASSISTANT TO COUNCILMAN PHILIP BAKER. THIS IS ALSO FOR TWO SPEED HUMPS AND ASSOCIATED SIGNS ON WEST BURNETT AVENUE AS REQUESTED BY OUR CONSTITUENTS. ALL RIGHT. THANK YOU. SEEING THERE'S NO SPEAKERS IN THE QUEUE AND THOSE SPEAKERS ONLINE. THIS ITEM IS CALLING A ROLL CALL VOTE. MADAM CLERK. COULD YOU PLEASE OPEN UP THE NO, IT'S ALL CIF IS OK, BOY, THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AH! ALL THOSE OPPOSED, SAY NAY. ALL RIGHT. THE EYES HAVE IT. THANK YOU. I HAVE NUMBER. UH SEVEN NUMBER 16 HAS
[16. NDF031924LMPD06 APPROPRIATING $250 FROM DISTRICT 6 NEIGHBORHOOD DEVELOPMENT FUNDS TO LOUISVILLE METRO POLICE DEPARTMENT’S FOURTH DIVISION FOR THE EASTER EGG HUNT IN SOUTH CENTRAL PARK. Sponsors: Phillip T. Baker (D-6) ]
BEEN WITHDRAWN NUMBER 17 NDF 031924 OLNC 06 APPROPRIATING $4000 FROM DISTRICT SIX[17. NDF031924OLNC06 APPROPRIATING $4,000 FROM DISTRICT 6 NEIGHBORHOOD DEVELOPMENT FUNDS, THROUGH THE OFFICE OF MANAGEMENT AND BUDGET, TO OLD LOUISVILLE NEIGHBORHOOD COUNCIL, INC. FOR OLD LOUISVILLE LIVE 2024 TO ASSIST WITH THE COST OF THE BAND. Sponsors: Phillip T. Baker (D-6) ]
NEIGHBORHOOD DEVELOPMENT FUNDS TO THE OFFICE OF MANAGEMENT AND BUDGET TO ALL LOCAL NEIGHBORHOOD COUNCIL INC FOR ALL LOCAL LIVE 2024 TO ASSIST WITH THE COST OF THE B. MAY I HAVE A MOTION IN THE SECOND? PROBABLY MOTION IS SECOND SEEING THERE'S NO SPEAKERS IN THE QUEUE. THIS ITEM IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AYE. AH, ALL THOSE APPEAR, SAY N. THE EYES.[18. CIF031924MTS13 APPROPRIATING $6,545.33 FROM DISTRICT 13 CAPITAL INFRASTRUCTURE FUNDS TO METRO TECHNOLOGY SERVICES TO UPGRADE THE INTERNET SERVICES AT THE FAIRDALE PLAYTORIUM FOR USE BY THE GENERAL PUBLIC AT THE FACILITY AND TO SUPPORT THE AUDIO/VISUAL EQUIPMENT IN THE GYM. Sponsors: Dan Seum, Jr. (R-13) ]
HAVE IT. ITEM NUMBER 18 CIF 031924 M AS IN MARY T AS IN TOM S, AS IN SAM 13 APPROPRIATING 512,000. FROM DISTRICT 13 CAPITAL INFRASTRUCTURE FUNDS TO METRO TECHNOLOGY SERVICE TO UPGRADE THE INTERNET SERVICE AT THE FAIRDALE PLATO FOR USE BY THE GENERAL PUBLIC AT THE FACILITY AND TO SUPPORT THE AUDIO VISUAL EQUIPMENT IN THE GYM. THIS, UH, MAY I HAVE A MOTION IN THE SECOND PROBABLY MOTION IN SECONDED. WE HAVE COUNCILMAN S HERE TO SPEAK TO THIS ITEM. THANK YOU, MR CHAIR. UH THE ITEM SPEAKS FOR ITSELF. WE NEED TO UPGRADE THE TECHNOLOGY AT THE PLAY TOUM ASKING FOR YOUR SUPPORT. THANK YOU. CNN NO SPEAKERS ONLINE AND NO SPEAKERS IN THE QUEUE. THIS ITEM IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AYE. ALL THOSE PARENTS SAY NAY. THE EYES. HAVE IT. ITEM NUMBER 19 CIF 031924 P W-2 4, A APPROPRIATING[19. CIF031924PW24a APPROPRIATING $13,120 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED HUMPS AND SPEED HUMP SIGNS ON MOORHAVEN DRIVE, BETWEEN MOORHAMPTON DRIVE AND ROCKY MOUNTAIN DRIVE. Sponsors: Madonna Flood (D-24) ]
$13,120 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED HUMPS AND SPEED HUMP SIGNS ARE MORE HAVEN DRIVE BETWEEN MORE HAMPTON DRIVE AND THE ROCKY MOUNTAIN DRIVE. MAY I GET A MOTION IN A SECOND? PROPERLY MOTION IS SECONDED. WE HAVE COUNCILWOMAN FLOOD WHO WILL SPEAK TO THE DECIDER. THANK YOU. THIS WILL COMPLETE THE SPEED H ON MORE HAVEN DRIVE, SO I JUST ASK FOR YOUR SUPPORT. THE OTHER AREAS OF THAT DOES HAVE SPEED TIME. SO THIS JUST COMPLETES THE JOB. ALL RIGHT. THANK YOU. SEEING THERE'S NO SPEAKERS ONLINE AND NO SPEAKERS IN THE QUEUE. UH, THIS, UH, IS REQUIRING A VOICE VOTE ALL THOSE IN FAVOR, SAY A ALL THOSE OPPOSED, SAY NAY. THE EYES HAVE IT. NEXT IS ITEM NUMBER 20 CIF[20. CIF031924PW24b APPROPRIATING $8,920 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED HUMPS AND SPEED HUMP SIGNS ON OAKLEAF LANE, BETWEEN HORIZON LANE AND BLUE LICK ROAD. Sponsors: Madonna Flood (D-24) ]
031924 P W-2 4 B APPROPRIATING $8920 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED HUMP AT SPEED HUMP. SIGNS ON OAKLEY COMPLAIN BETWEEN[00:20:01]
HORIZON LANE AND BLUE LAKE ROAD. CAN I GET A MOTION IN A SECOND? PROPERLY MOTION IN SECOND WE HAVE FLOOD WHO WOULD SPEAK TO THIS ITEM AS WELL? THANK YOU, MR CHAIR. UH, YES. THIS THEY WAITED A LONG TIME FOR THE SPEED HUMPS AND WHAT WHAT KEPT IT IN THE BACKLOG FOR A WHILE WAS THE COMPLETION OF BLUE LICK ROAD. AND SINCE THE STATE FINISHED BLUE LICK ROAD, WE WERE ABLE TO REMOVE THOSE DETOUR SIGNS AND THINGS THAT WERE ASSOCIATED WITH THAT LONG DRAWN OUT PROJECT SO I'D ASK FOR YOUR SUPPORT BECAUSE THEY WAITED A LONG TIME FOR THIS. ALL RIGHT, SEEING THOSE SPEAKERS IN THE QUEUE OR NO SPEAKERS ONLINE. THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AYE. UH, ALL THOSE OPPOSED, SAY NAY. THE EYES . HAVE IT, UH, ITEM NUMBER 21[21. CIF031924PW24c APPROPRIATING $17,580 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED HUMPS AND SPEED HUMP SIGNS ON MOORHAVEN DRIVE, BETWEEN WOODROW WAY AND MOORHAMPTON DRIVE. Sponsors: Madonna Flood (D-24) ]
CIF 031924 P W-2 4 C APPROPRIATING $17,580 FROM DISTRICT 24 CAPITAL INFRASTRUCTURE FUNDS TO PUBLIC WORKS FOR THE INSTALLATION OF SPEED UPS AND SPEED HOP SIGNS OF MORE HAVEN DRIVE BETWEEN WOODROW WAY AND MORETON DRIVE. CAN I GET A MOTION IN A SECOND? MOTION PURPOSE, UH, PROPERLY MOTIONED IN SECOND, AND WE HAVE COUNCILWOMAN BLOOD WHO WILL SPEAK TO THIS ITEM AS WELL. THANK YOU. MR CHAIR. THIS IS GOES HAND IN HAND WITH THE OTHER. UH, OTHER, UM, PUBLIC WORKS PROPOSAL FOR SPEED HUMPS, AND THIS WILL COMPLETE THAT ENTIRE STREET. THANK YOU SEEING THERE'S NO SPEAKERS IN THE QUEUE. AND THE SPEAKERS ONLINE.THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY I ALL THOSE OPPOSED, SAY NAY. THAT I HAVE IT. OK? ALL RIGHT, UH, NOW FOR THE LABOR AND ECONOMIC DEVELOPMENT PORTION OF THE COMMITTEE. WE HAVE OUR ZERO ITEM NUMBER 22 R 02424 A RESOLUTION APPROVING THE
[22. R-024-24 A RESOLUTION APPROVING THE GRANTING OF LOCAL INCENTIVES TO CHEMICAL & INDUSTRIAL ENGINEERING, INC. AND ANY SUBSEQUENT ASSIGNEES OR APPROVED AFFILIATES THEREOF PURSUANT TO KRS CHAPTER 154, SUBCHAPTER 32. Action Required By: September 2024 Sponsors: Phillip T. Baker (D-6) ]
GRANTING OF LOCAL INCENTIVES TO CHEMICAL IN INDUSTRIAL ENGINEERING INC AND ANY SUBSEQUENT ASSIGNEE, UH OR APPROVED AFFILIATES. THERE ARE PURSUANT TO KRS CHAPTER 154 SUBCHAPTER 32. CAN I GET A MOTION IN A SECOND? PROPERLY MOTION SECONDED AND BE ABLE TO ANNOUNCE YOUR NAME AND YOUR PHYSICIAN AND GO AHEAD. ALL RIGHT. THANK YOU. GOOD AFTERNOON COUNCIL. UH, JOSHUA MCKEE AND I'M DIRECTOR OF ECONOMIC DEVELOPMENT. CHEMICAL INDUSTRIAL ENGINEERING IS REQUESTING FINAL APPROVAL FOR THEIR KENTUCKY BUSINESS INVESTMENT PROGRAM IN CENT. TWO CN I AS AN EMPLOYEE OWNED COMPREHENSIVE ENGINEERING FIRM LOCATED AT THE 1930 BISHOP LANE IN DISTRICT, 10. THEY ARE EXPANDING THEIR CURRENT WORKFORCE BY ADDING 24 NEW JOBS THAT PAY AN AVERAGE WAGE OF $55 PER HOUR, INCLUDING BENEFITS TO ACCOMMODATE FUTURE CLIENT GROWTH AND EXPAND THEIR CURRENT OFFERINGS. THE COMPANY IS IN COMPLIANCE WITH REGULATIONS AND PROGRAM REQUIREMENTS ESTABLISHED BY THE KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT, AND WE'RE HERE TODAY TO REQUEST APPROVAL OF THEIR RESOLUTION FOR CNSKP INCENTIVE. THANK YOU, MR MCKEE.IS THERE ANY DISCUSSION SEEING THOSE SPEAKERS IN THE QUEUE AND THOSE SPEAKERS ONLINE. THIS IS REQUIRING A VOICE VOTE. ALL THOSE IN FAVOR SAY AH! ALL THOSE OPPOSED, SAY NAY. THE EYES, HAVE IT. NOW WE ARE TRANSITIONING TO OUR SPECIAL DISCUSSION. UM NUMBER ITEM NUMBER 23 ID 240113.
[23. ID 24-0113 UPDATE FROM LOUISVILLE METRO ECONOMIC DEVELOPMENT: Deputy Mayor Pat Mulloy, Mayor’s Office; and Jeff O’Brien, Economic Development]
WE ARE HAVING AN UPDATE FROM OUR GLOBAL, UH, METRO ECONOMIC DEVELOPMENT BY DEPUTY MAYOR UH, PAT MALLOY, THE MAYOR'S OFFICE, AND JEFF O'BRIEN, OUR ECONOMIC DEVELOPMENT OFFICER. FIRST ONE THAT SAY FOR A COMMITTEE. THANK YOU FOR YOUR UPDATES AND THANK YOU FOR COMING BY I'LL DRIVE THE MACHINE. I'LL DRIVE. OK? OK? GOOD AFTERNOON COUNCIL MEMBERS. I AM JEFF O'BRIEN, EXECUTIVE DIRECTOR OF ECONOMIC DEVELOPMENT CABINET, AND PAT MALLOY, DEPUTY MAYOR ECONOMIC DEVELOPMENT. I JUST GO QUICKLY HERE THROUGH A LITTLE BIT OF WHAT WE'RE GONNA TALK ABOUT TODAY. JUST GIVE YOU AN UPDATE ON OUR OUR QUARTERLY REPORT ON ECONOMIC DEVELOPMENT ACTIVITIES. UM FIRST AND FOREMOST, WE'LL START WITH, UH OR JUST TALK A LITTLE BIT ABOUT WHAT WE'RE DOING, AND THEN I WANT TO GET MORE INTO THE MEAT OF OUR DISCUSSIONS TOWARDS THE END ON THE INCENTIVE PROGRAMS THAT, UH, METRO AND THE STATE HAVE TO LOCATE BUSINESSES. UM FIRST AND FOREMOST, LET ME TALK A LITTLE BIT ABOUT OUR ECOSYSTEM AND HOW WE DO ECONOMIC DEVELOPMENT. WE KIND OF RUN THE GAMUT OF ALL BUSINESS AND ATTRACTION ACTIVITIES IN LOUISVILLE METRO, UM, THAT AND THAT'S JUST FOR LOUIS METRO'S BOUNDARIES. UH, WE WORK WITH BUSINESSES LARGE AND SMALL, SO IT DOESN'T REALLY MATTER WHAT SIZE OF BUSINESS ARE. WE WANT TO HELP YOU BE SUCCESSFUL AND THRIVE IN LOUISVILLE, METRO UM, OUR SMALL BUSINESS TEAM IS THE TEAM THAT, UH, WORKS WITH SMALL BUSINESSES IN YOUR DISTRICT. SO THESE ARE GENERALLY BUSINESSES WITH UNDER 500 EMPLOYEES. I'M[00:25:02]
GOING BY THE UM FEDERAL GOVERNMENT'S DEF DEFINITION OF A SMALL BUSINESS. I KNOW MANY, MANY MORE OF THESE SHOPS ARE MUCH SMALLER THAN THAT. BUT OUR SMALL BUSINESS TEAM, UH, HAS WORKED WITH, UM 100 AND 29 BUSINESSES IN THE LAST QUARTER OF 2023 AND, UH, 600 TOTAL BUSINESSES IN 2023, AND THAT TEAM DOES EVERYTHING FROM MEETING WITH BUSINESSES HELP THEM. THROUGH ISSUES THAT THEY'RE HAVING HELP THEM WORK THROUGH METRO REGULATORY ISSUES, AND, UM, GET THEM TO THIS RESOURCES THAT THEY NEED TO GROW AND THRIVE, SO WHETHER THAT IS GOING TO A TECHNICAL ASSISTANCE PROVIDER LIKE THE LOUISVILLE URBAN LEAGUE, OR, UH, THE SMALL BUSINESS DEVELOPMENT CENTER, OR, UM, GETTING TO A FUNDING SOURCE, LIKE OUR METCO PROGRAM, WHICH I'LL TALK ABOUT NEXT, AND THEY'LL DO THAT. THEY ALSO DO THINGS FUN. THINGS LIKE RIBBON CUTTINGS FOR BUSINESSES, SO THEY ARE WORKING WITH BUSINESSES THROUGHOUT THE COMMUNITY. UM AND, UH AND ALL YOUR DISTRICTS AND IT DOESN'T MATTER IF THEY'RE SUBURBAN URBAN WHEREVER THEY ARE THERE. OUR TEAM IS OUT THERE WORKING. WE HAVE A MIGHTY TEAM OF TWO THAT GO OUT THROUGHOUT THE COUNTY. WE'VE, UH, WORKING ON HIRING SOME ADDITIONAL POSITIONS THERE. OUR METCO PROGRAM IS METRO'S SMALL BUSINESS REVOLVING LOAN FUND. UM THIS PROGRAM, UH, HAD ONE OF OUR BIGGEST YEARS. WE CLOSED ON, UH, $3.2 MILLION IN LOANS IN 2023. UM YOU CAN SEE HERE WHERE THE PROGRAM UH MOST THE MOST RECENT LOAN CLOSINGS AND WHERE THEY'VE BEEN THROUGHOUT THE, UH, THROUGHOUT THE COMMUNITY HERE, UM BUT THIS PROGRAM IS AGAIN THE SMALL BUSINESS TEAM. IF WE HAVE BUSINESSES THAT ARE LOOKING FOR ASSISTANCE AND READY TO, UH, LOCATE AND GET LOANS, WE WITH SMALL BUSINESS TEAM, HANDS THEM OFF TO OUR METCO TEAM, AND THEY GO THROUGH OUR SMALL BUSINESS.UM PROCESS TO GET THE BUSINESS THE FUNDS THEY NEED. SO WE HAVE MULTIPLE PROGRAMS WHERE PEOPLE ARE TRYING TO GET FACADE IMPROVEMENTS. GET GAP FINANCING. UM OR GET, UH, FINANCING FOR GREEN IMPROVEMENTS TO THEIR BUSINESS. THAT IS WHAT HAS GOT SEVERAL PRODUCTS THAT ARE GEARED TOWARDS THAT. UM FOR OUR BUSINESS INTERACTION. UH, BUSINESS ATTRACTION RETENTION.
SO THESE ARE THE BIG THINGS WE'RE TALKING ABOUT LOCATING BIG JOBS AND BIG BUSINESSES IN THE IN THIS COMMUNITY. YOU JUST WENT THROUGH THE KB. I, UH, INCENTIVE PROGRAM. THAT'S PART OF OUR BUSINESS ATTRACTION. RETENTION WORK. UH, WE KEEP A PIPELINE. OUR PIPELINE IS KIND OF BROKEN DOWN BY THESE DIFFERENT BUSINESS CATEGORIES. ADVANCED MANUFACTURING, FOOD AND BEVERAGE , LOGISTICS, TOURISM, UH, BUSINESS SERVICES, HEALTH, AGING INNOVATION, MIXED USE AND SORT OF A OTHER CATCH. ALL PHASE, YOU'LL SEE THAT. UM RIGHT NOW WE HAVE A PIPELINE. UM WITH, UH, WITH WITH A WITH A PRETTY GOOD, UM, RANGE OF JOBS. LAST YEAR, WE LOCATED 60 JOBS WITH 2300, UM 60 BUSINESSES. SORRY AT 2300 NEW JOBS. THAT REPRESENTED ONE POINT , UH, JUST OVER A BILLION DOLLARS IN NEW CAPITAL INVESTMENT IN THE CITY. UM WELL AGAIN. THESE JOBS ARE 40 OF THOSE PROJECTS ARE RETENTION JOBS. SO THESE ARE JOBS. YOU'LL JUST GET A, UH, AN INCENTIVE FOR KEEPING YOUR BUSINESS IN BUSINESS HERE IN JEFFERSON COUNTY. YOU PART OF THAT RETENTION IS THERE IS AN EXPANSION OF, UM OF JOBS AND INVESTMENT IN THE COMMUNITY. AND THEN WE HAD 20 NEW BUSINESSES THAT WERE, UM ATTRACTED TO THE COMMUNITY. THAT'S PRETTY TYPICAL FOR LOCAL ECONOMIC DEVELOPMENT. TWO THIRDS RETENTION ONE THIRD, UM, ATTRACTION TO THE COMMUNITY OF MOST OF OUR WORK IS DEDICATED TOWARDS EXISTING BUSINESSES IN THIS COUNTY. UM YOU CAN SEE THE BREAKDOWN. A LOT OF OUR JOBS ARE IN THE ADVANCED MANUFACTURING SPACE. LOUISVILLE METRO JUST PUNCHES ABOVE ITS WEIGHT NATIONALLY, WHEN IT COMES TO ADVANCED MANUFACTURING, WE HAVE A LONG HISTORY. WE HAVE A GREAT WORKFORCE AND A GREAT, UM, ROBUST SYSTEM FOR, UM, FOR, UH, THE ADVANCED MANUFACTURING JOBS. YOU'LL SEE THAT WHEN WE LOOK AT CAPITAL INVESTMENT, UH, ON THE OTHER HAND, A LOT OF THAT INVESTMENT IS GOING INTO FOOD AND BEVERAGE. SO THESE WILL BE, UM, COMPANIES LIKE OUR DISTILLERIES. UM, THAT WOULD BE THE POPULAR ONE AND THEN HEALTH AND AGING INNOVATION. SO A LOT OF THERE'S BEEN A LOT OF INVESTMENT IN LAB WORK, AND THAT'S AGAIN LEVERAGING OUR POSITION IN THE, UH IN THE COUNTRY AND THE, UH, ADVANTAGE THAT WE HAVE WITH, UH, UPS HAVING ITS AIR HUB LOCATED HERE AND THEN ALSO THE FOOD AND BEVERAGE AGAIN. WE HAVE A GREAT HISTORY THERE. WE'VE GOT A GREAT WORKFORCE THERE. AND JUST A GREAT, UM, GREAT SYSTEM HERE IN KENTUCKY FOR ATTRACTING, UH, FOOD AND THOSE WE SEE MORE INTENSIVE ON THE CAPITAL SIDE BECAUSE THEY NEED MORE CAPITAL INVESTMENT. THERE'S MORE TECHNOLOGY IN THOSE BUSINESSES. UH, DEVELOPMENT UPDATES. THIS IS PART OF OUR STANDARD UPDATE THAT WE GIVE METRO COUNCIL SO JUST SO YOU UNDERSTAND THAT WE'VE GOT, UH, JUST WANTED TO GIVE YOU AN UPDATE ON WHERE WE STAND WITH SEVERAL OF THE PROJECTS THAT, UH, WE'VE COME AND TALK TO YOU ABOUT BEFORE. WE'LL BE COMING TO TALK TO YOU ABOUT SOON. UM, OUR DOWNTOWN OFFICE INCENTIVE, WHICH WAS INCLUDED IN THE FY 24 BUDGET THAT WAS $3 MILLION IN THE CAPITAL BUDGET FOR ECONOMIC DEVELOPMENT AGAIN. THIS IS A POOL OF FUNDS THAT WE ARE USING TO, UM ATTRACT BUSINESSES INTO THE OFFICES AND, UH, DOWNTOWN LOUISVILLE. WE HAVE NOT SPENT ANY OF THOSE DOLLARS YET, BUT WE
[00:30:04]
HAVE FIVE ACTIVE PROJECTS IN THE PIPELINE. SO WE DO EXPECT TO HAVE SOME SPEND ON THAT SOON AND THERE ARE SOME EXCITING PROJECTS IN THAT PIPELINE. UM THIS IS THE RODEO PROJECT, WHICH IS A PROPERTY THAT METRO HAS OWNED SINCE 1997 ON 1195 SOUTH 11TH STREET. THIS IS RIGHT ACROSS THE PLACE RIGHT ACROSS THE STREET FROM PARKWAY PLACE. UM, HOMES. UH THIS THIS SITE, UH, IS UNDERGOING ENVIRONMENTAL REMEDIATION METRO COMMITTED $10 MILLION OF ITS A RP FUNDS TO, UH, COMPLETE BROWNFIELD REMEDIATION ON THE SITE. UM THE SITE WAS BEING CEDED THAT THAT REMEDIATION WORK IS COMPLETE, AND THE SITE WAS BEING SEEDED LAST WEEK, SO WE'LL BE WORKING WITH THE STATE TO CLOSE OUT THAT PROJECT AND, UH, WE ARE WORKING WITH WE HAVE PROCURED. UM, THE RELAY GROUP. WHICH IS A MINORITY , UM, WHICH IS A MINORITY DEVELOPMENT FIRM. UH, WE PROCURED THEM IN, UH, 2021. WE'VE BEEN WORKING WITH THEM. THEY'VE SECURED $31 MILLION IN TAX CREDITS FROM KHC. AND SO WE WILL BE WORKING WITH THEM ON DEVELOPMENT OF THAT SITE. UM BUT WE NEEDED THIS, UH, REMEDIATION TO HAPPEN FIRST. UH THE URBAN GOVERNMENT CENTER. UH, THIS IS A PROJECT THAT WE'VE BEEN WORKING FOR A NUMBER OF YEARS. WE PUT OUT A NUMBER OF RFPS. WE CONTINUE TO WORK ON COMMUNITY BENEFITS AGREEMENT. UM RIGHT NOW WHAT WE'RE DOING IS WORKING WITH THE DEVELOPER ON, UH, GETTING THEIR, UH, PROJECT READY TO COME IN FRONT OF METRO COUNCIL. THEY NEED TWO ITEMS FROM METRO COUNCIL. THEY ARE GOING TO REQUEST A TAX IN FINANCE DISTRICT. TALK ABOUT THAT IN A LITTLE BIT MORE GENERAL TERMS AND THEN THEY ARE ALSO REQUESTING SURPLUS AND OF THE PROPERTY. UM, THAT PROJECT? UH, RIGHT. THEY'VE BEEN WORKING ON THE LAST FEW MONTHS IS GETTING THE, UM THE L MH, A BUILDING. METRO OWNS THE OLD BAPTIST HOSPITAL BUILDING AT A T BAR. LOUISVILLE METRO HOUSING AUTHORITY OWNS 768. BARRETT THAT , UH, PROJECT RECENTLY WAS CLOSED. SO NOW THEY ARE MORE WORKING TO FINALIZE THAT. UH, FINALLY, UH, AT THE BEGINNING OF IN JANUARY, METRO ANNOUNCED, UM, THE REDEVELOPMENT OF THREE SITES IN DOWNTOWN LOUISVILLE THAT ARE UNDER USED, UM FIRST AND FOREMOST IS THE CIVIC CENTER. SO THAT WOULD BE THE FISCAL COURT BUILDING. UM THE PARKING LOT THAT SITS IMMEDIATELY, UH, NORTH OF THIS BUILDING AND THE FORMER LNPD POLICE HEADQUARTERS, UM, THE THAT SITE WENT TO WHAN VENTURES TO, UH, EXPLORE ALL THREE OF THESE PROJECTS THEY HAD RECEIVED SIX MONTH. LETTERS OF INTENT AND ACCESS AGREEMENTS TO GO THROUGH THE SITES AND EXPLORE THEM. WE ONLY HAVE GENERAL IDEAS ON WHAT THEY WANT TO DO. THERE ARE NO SPECIFIC DEVELOPMENT PLANS AS THESE GROUP GO THROUGH THEIR ENVIRONMENTAL DUE DILIGENCE AND FINANCIAL DUE DILIGENCE. UH, THE MAINE AND WASHINGTON SITE WENT TO PO COMPANIES. UM THEY ARE LOOKING TO DEVELOP THAT. THAT'S THE FORMER MUSEUM PLAZA SITE. UH, FOR ALL THOSE THAT ARE KEEPING SCORE, UH, THERE'S, UH, THAT INCLUDES THE THREE. THE THREE FACADES ON, UM ON ON WEST MAIN STREET ON THE NORTH SIDE OF THE STREET ON THE 600 BLOCK, AND THEN ALSO THE SITE, UH, NEXT TO JUST IMMEDIATELY WEST OF THE MUHAMMAD ALI CENTER ON WASHINGTON STREET. AND THEN THE LAST PIECE IS THE MUD. LOTT THAT'S A LARGE SURFACE PARKING LOT THAT METRO OWNS AT THE SOUTHEAST CORNER OF, UH, JEFFERSON STREET IN NINTH STREET. SO THAT'LL BE, UM THAT THAT WENT TO, UM, A COMPANY OUT OF DALLAS CALLED LINCOLN PROPERTIES COMPANY. LDG IS A LOCAL PARTNER, HELPING THEM WITH THAT SITE AS WELL. THAT'S KIND OF OUR UPDATE ON WHAT WE HAVE WHAT WE HAVE IN OUR ECONOMIC DEVELOPMENT PIPELINE. THE WORK THAT WE'RE DOING, UM, THIS IS THE HIGHLIGHTS OF IT ANYWAY. UH WHAT I WANTED TO GET INTO, UH, WE'VE BEEN ASKED TO GIVE A BIT OF AN OF A OVERVIEW OF OUR INCENTIVE PROGRAM. SO YOU JUST HEARD ONE MR MCKEE PRESENTED ON A FINAL APPROVAL FOR THE KENTUCKY BUSINESS IMPROVEMENT PROGRAM. THIS IS A STATE PROGRAM THAT PROVIDES A, UM A REBATE ON STATE INCOME TAXES AS PART OF THAT PROGRAM, LOCAL PARTICIPATION IS REQUIRED. UM WE CAN COMMIT UP TO 1% OF OUR LOCAL OCCUPATIONAL LICENSE FEE. IN ADDITION TO THE STATE'S, UM PLEDGING OF, UM OF THE STATE INCOME TAXES THE REQUIREMENTS FOR THIS PROGRAM ARE, UH, CREATING 10 NEW JOBS. THAT'S NEW JOBS. NET NEW TO THE COMMONWEALTH OF KENTUCKY. SO WE THIS IS NOT AN INCENTIVE PACKAGE THAT ALLOWS SOMEBODY TO MOVE FROM LEXINGTON TO LOUISVILLE.THESE ARE NET NEW JOBS TO THE COMMONWEALTH AND 100 AT LEAST $100,000 IN CAPITAL INVESTMENT.
UM THERE ARE THE AGAIN THE PROJECT REQUIRES LOCAL PARTICIPATION. WHAT THAT MEANS FOR US IS THAT, UH, THE METRO COUNCIL PROVIDES APPROVAL VIA A RESOLUTION AND THAT'S REQUIRED BEFORE FINAL APPROVAL IS GIVEN BY, UH, THE STATE THROUGH ITS, UH, K A BOARD. UM THE PROGRAM IS DESIGNED TO BE USED BY CAPITAL UH, INTENSIVE PROGRAMS. SO THESE ARE GOING TO BE THE BIG
[00:35:04]
ATTRACTION PROJECTS THAT WE THAT I. I WENT THROUGH EARLIER. SO AGAIN, THE BIG ATTRACTION AND RETENTION PROJECTS WHERE THERE'S LOTS OF HEAVY CAPITAL INVESTMENT . UM, THERE ARE RULES AND REGULATIONS AROUND THIS, FOR EXAMPLE, ONE OF OUR POLICIES THAT, UM THE METRO STAFF LOOKS AT IS WE DO NOT PARTICIPATE IN ANY PROJECTS THAT PROVIDE A WAGE OF LESS THAN A MEDIAN WAGE OF LESS THAN 20. DOLLARS PER HOUR AND THAT IS LINING UP WITH OUR LIVING WAGE, WHICH IS PROBABLY SLIGHTLY HIGHER THAN THAT NOW, BUT IT IS, UH, IT IT'S NOT MUCH HEADS. I THINK OUR AVERAGE OUR LIVING WAGE IN LOUISVILLE IS $21.44 AN HOUR SO, UM, WE'RE WE'RE WE'RE PRETTY PICKY ABOUT THE PROJECTS THAT WE TAKE IN THIS PROGRAM AND THAT WE ACCEPT AND THE STATE UNDERSTANDS THAT AND WORKS WITH US. UH, WE WORK VERY CLOSELY WITH OUR PARTNERS AT THE KENTUCKY A CABINET FOR ECONOMIC DEVELOPMENT SECRETARY NOEL AND, UH, DEPUTY SECRETARY SMITH OVER THERE ARE VERY, UM, ARE VERY GOOD TO WORK WITH. I THINK, UM, UH, COMMISSIONER SLATTERY WAS IN FRONT OF YOU ALL RECENTLY AND PRESENTED AN OVERVIEW OF THE, UH OF THE STATE INCENTIVE PROGRAMS. THE NEXT PROGRAM THAT WE USE ROUTINELY IS THE KENTUCKY ENTERPRISE INITIATIVE ACT. UH OR K? A, UH, THIS THIS PROGRAM IS A SALES TAX BASED PROGRAM, SO IT DOES NOT REQUIRE LOCAL PARTICIPATION.HOWEVER UM, IN OUR PARTNERSHIP WITH THE STATE, WE ARE TYPICALLY WORKING WITH STATE PROJECT MANAGERS AND MAKING SURE THAT THESE ARE PROJECTS THAT, UM, WE AGREE ARE GOOD PROJECTS AND ARE POSITIVE FOR, UH, THE CITY AND FOR, UM AND FOR THE STATE. UH, SO KIA AGAIN. THAT'S THE THERE'S THINGS THAT ALLOW, UM, ALLOW PROJECTS TO GET A REBATE ON SALES TAXES OR ABOUT SALES TAXES THAT THEY'RE GENERATING ON SITE OR, UH, PURCHASING. UM UH, CONSTRUCTION MATERIALS. UH, THROUGH THE THROUGH THE KIA PROGRAM. ONE THING I WILL NOTE ABOUT BOTH OF THESE PROGRAMS JUST TO STATE IS THAT BECAUSE OF OUR PLEDGE AND THE STATE'S PLEDGE PARTICIPATION IN THE WEST END OPPORTUNITY, PARTNERSHIP TIP ZONE. UM THESE PROGRAMS CANNOT BE USED IN THE, UH, IN THOSE IN THAT PART OF THE, UM IN THE THAT PART OF THE COMMUNITY. SO UH, THAT'S WHY YOU'VE SEEN THE STATE AND THE CITY GET A LITTLE CREATIVE RECENTLY ON BUSINESSES THAT ARE TRYING TO MAKE INVESTMENTS IN THE WEST END. UM EVENTUALLY THE, UH THE WE OP BOARD WILL BE ABLE TO MAKE DEALS WITH, UM, WITH, UH, BUSINESSES LOOKING TO LOCATE, BUT RIGHT NOW, THEY'RE NOT QUITE SET UP TO DO THAT. THEY AS THEY'VE BEEN LOOKING AT, UM, PROGRAMS TO HELP RESIDENTS OUT. OK LET'S TALK ABOUT SOME LOCAL INCENTIVE PROGRAMS THAT THAT WE HAVE, SO I'LL START WITH TAX INCREMENT FINANCING OR TIP AS WE SOW. UM AFFECTIONATELY CALL IT OVER AN ECONOMIC DEVELOPMENT TIP IS A PERFORMANCE BASED, UH, TOOL THAT WE USE TO ATTRACT REAL ESTATE DEVELOPMENT. SO UH, ONE THING THAT I I'LL SAY IS THAT THIS IS THERE IS NO WHAT THE WAY THAT MANY COMMUNITIES USE TIFF AS DIFFERENT THAN OUR COMMUNITY USES. TIP. WE DO NOT PROVIDE ANY SORT OF TIFF. INCENTIVE OR CASH INCENTIVE UP FRONT FOR DEVELOPMENT. OUR CASH INCENTIVE COMES IF THE DEVELOPMENT HAS PERFORMED SO IF THE DEVELOPMENT IF A DEVELOPER COMES TO US AND SAYS WE ARE WE THINK WE ARE GOING TO GENERATE WE ARE GENERATING $1000 IN PROPERTY TAXES. WE THINK OUR DEVELOPMENT IS GONNA GENERATE $2000 IN PROPERTY TAX. WE SAY GREAT. LET'S WORK THROUGH THE PROGRAM.
LET'S MAKE SURE IT'S SOMETHING THAT WE ALL AGREE AS A GOOD PROJECT FOR THE CITY OF LOUISVILLE. AND THEN, UM, IT WILL BE UP TO THE DEVELOPER TO A CONSTRUCT THAT PROJECT AND B HAVE THEIR TAX BILL. COME IN. AS WHAT THEY SAY IT'S GONNA BE IF METRO AGREES TO PARTICIPATE IN THAT TIP PROGRAM, WE WILL REBATE 80% OF THAT NEW $1000 THAT IS GENERATED BY THE DEVELOPMENT. SO AGAIN, WE ARE ALL WE ARE COLLECTING 1000 TODAY. UNDER THE NEW DEVELOPMENT, WE WILL WE ARE THE DEVELOPERS PROJECTING. WE WILL GENERATE $2000 IN SAVINGS OR IN IN, UH, PROPERTY TAX. WE WILL REBATE THAT INCREMENT THAT $1000 BETWEEN THE OLD AND NEW 80% SO WE WILL ONLY RETURN 80% OF THAT TO THE DEVELOPERS, WHICH MEANS THE CITY GETS THE $1000 THAT IT WAS GETTING PLUS 20% ON TOP OF THAT, AND WE WILL REBATE THAT 80% TO THE DEVELOPER. THE DEVELOPER HAS TO PAY THE PROPERTY TAX UPFRONT AND THEN WE GET THE TAX BILL AND VERIFY, UH, WHAT THE AMOUNT WAS AND WE'LL REBATE THE AMOUNT UP TO OUR AGREEMENT. OUR AGREEMENTS ARE ALWAYS AT 8020. WE ALWAYS START AT 8020. WE ARE ALWAYS STARTING AT 20 YEARS, ALTHOUGH THE STATUTE ALLOWS US TO GO UP TO 30 YEARS IN SOME INSTANCES. AND UM AND IS ALWAYS ON A REBATE. THERE'S NEVER A AN UPFRONT CASH OF THE DEVELOPER ALWAYS HAS TO PERFORM IF THE DEVELOPMENT DOESN'T PERFORM. THEY DON'T GET
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ADDITIONAL PAYMENTS SO THEY DON'T GET MORE TIME OR THEY DON'T GET. UM THE CITY DOESN'T TAKE OUT OF ITS 20% OR OUT OF ITS BASE TAX. THE CITY ALSO WILL NOT PARTICIPATE WITH SCHOOL OR FIRE DISTRICT TAXES. SO THESE ARE JUST METRO, UH, FISCAL COURT TAXES. AND THE URBAN SERVICES DISTRICT TAX. SO THERE'S NO SCHOOL TAXES GOING THAT ARE BEING DIVERTED. THERE'S NO UH THERE'S NO FIRE TAXES ARE BEING DIVERTED. IT IS JUST THE INCREMENTAL, UM, AD VOR TO, UM TO THE, UH, FISCAL COURT AND TO THE URBAN SERVICES DISTRICT. THAT WAS A LOT. ARE THERE ANY QUESTIONS ABOUT THAT BEFORE I GO ON WITH THE TIP? ONE IMPORTANT POINT ON THE TIFFS IS I MEAN IT.IT MATTERS IF YOU IF YOU TAKE A DEAL LIKE ONE PARK, WHERE THAT'S A PRIVATE SECTOR OWNED AND THE PROPERTY TAXES THAT ARE A CERTAIN BASE. IF THEY GO UP, IT IS A SELF FUNDING MECHANISM.
THEY WORK PRETTY MAGICALLY IF IT'S CITY OWNED PROPERTY IF YOU TAKE THE MUSEUM PLAZA SITE OVER THERE, WHICH HAS BEEN DEAD REAL ESTATE FOR 30 YEARS THROUGH THE OLD KINGFISH SITE IS WHAT IT WAS . WHEN I WAS A KID. THEY'RE BEHIND THE ALI CENTER THAT'S ON CITY TAX REAL ESTATE. THERE'S NO TAX BEING COLLECTED ON THAT AT ALL. SO YOU TURN THAT TO THE PRIVATE SECTOR AND THEN START GETTING AN INCREMENT THERE, THEN IT REALLY IT'S EXPONENTIAL RETURN OF TAX DOLLARS TO THE CITY. JUST A COUPLE MORE THINGS ON TIP ROBBING ME. OH, CASTLEMAN , PLEASE. I WAS GONNA SAY MAYBE YOU SHOULD I DIDN'T KNOW IF IT WAS A GOOD TIME TO JUMP IN ON THE UNIVERSITY OF THE YOUNG CENTER TIFF, BUT IF YOU WANNA FINISH UP AND THEN WE JUMP INTO THAT, IF THAT'S OK, YES, I WILL DO. I WILL ABSOLUTELY ADDRESS THAT ONE WHEN WE GET TO THE END. UM SO JUST A COUPLE OF THINGS ON T, THERE ARE SOME. THERE ARE SOME HURDLES THAT A DEVELOPMENT MUST GET TO QUALIFY FOR TIP.
FIRST OF ALL, THERE ARE SEVEN CONDITIONS OF BLIGHT THAT ARE LISTED IN THE STATUTE AT DEVELOPMENT MUST OR PROPERTY MATTER. DEVELOPMENT A PROPERTY MUST HAVE AT LEAST TWO OF THOSE SEVEN CONDITIONS ADDRESSED. WE ALWAYS THOSE IN THE TIP ORDINANCES AND WE ALWAYS DECLARE WHAT THOSE, UH WHAT? THOSE, UM CONDITIONS OF BLIGHT ARE UM, THESE ARE ALSO BUT FOR INCENTIVES, SO THERE MUST BE A GAP THAT THE THAT SAYS THAT THE DEVELOPMENT WOULD NOT HAPPEN.
BUT FOR THE, UM, BUT FOR THE TENS, SO THAT IS ALWAYS THAT IS ALWAYS, UM, A CLEAR, BRIGHT LINE FOR US. SO SOMEBODY STARTED WORK ON A, YOU KNOW, STARTED BUILDING A PROJECT AND DECIDED WHOOPS.
OUR CONSTRUCTION COSTS HAVE GONE WAY UP. WE NEED A TIP. THE ANSWER TO THAT IS THERE'S NO BUT FOR YOU START DEVELOPMENT YOU YOU'VE BLOWN THAT CLAUSE. UM SO THAT IS THAT IS WHAT WE HAVE ON TIFF. UH, WE HAVE THIS, UH, NICE LITTLE GRAPHIC IN HERE THAT MUCH MORE CONCISELY EXPLAINS WHAT I VERBALLY EXPLAINED. BUT UH, THAT KIND OF HELPS YOU GIVES YOU AN IDEA OF WHAT A TIP LOOKS LIKE.
UM ON THE YAMINA TIP. UM SO AGAIN, THAT TIP IS DIFFERENT. THAT WAS A VERY EARLY PROJECT A VERY EARLY TIP PROJECT. IT MIGHT HAVE BEEN THE FIRST TIP PROJECT IN THE STATE OF KENTUCKY.
MARRIOTT WAS A TIFF. MARRIOTT WAS ANYWAY. THAT PROJECT UM WAS A PROJECT WHERE THE CITY BONDED OVER ITS PROJECTED INCREMENTS. SO WE, THE CITY AND THE STATE ISSUED BONDS OVER THE PROJECTED INCREMENT THAT THE YOUNG CENTER WOULD, UH, WOULD GENERATE THAT IS NOT SOMETHING THAT WE DO IN OUR TYPICAL TIFF PROJECT. IT'S PRETTY RARE FOR US TO BOND OVER THE, UM THE INCREMENT. WHAT WHAT WE'RE DOING HERE IS AT THE IN THAT CASE, AND IN THE CASE OF OMNI AND IN THE MARRIOTT. WE BET ON THE FACT THAT INCREMENT WOULD HELP US OFFSET THE DEBT SERVICE. THAT WAS, UH, BEING GENERATED ON THOSE, UM, IMPROVEMENTS. SO THAT'S THAT IS A WAY THAT UM OTHER COMMUNITIES WILL USE THE TIP. IT'S NOT ATYPICAL TO SEE COMMUNITIES USE TIFF IN THAT MANNER. THAT IS NOT HOW THE STATE OF KENTUCKY REALLY USES TIFF. WE REALLY USE IT AS A PERFORMANCE BASED PAY AS YOU GO INCENTIVE. SO THE YOUNG CENTER, UM LIKE THE LIKE I SAID THE YOUNG CENTER, THE MARRIOTT AND THE OMNI ARE THE THREE PROJECTS WHERE WE BONDED. UM WHERE WE PUT THIS, UH, CITY ON ON THE HOOK FOR, UH, FOR REPAYMENT OF THE OF THE, UH, TIFF WITH OUR REPAYMENT OF THE DEBT WITH THE THOUGHT THAT THE, UM TIFF INCREMENTS WOULD COME IN THE ARMY. IT ALSO, UM LOOKING AT A COUPLE OF THINGS , AND THIS IS A PART OF THE CHALLENGE THAT WE HAVE IN DOWNTOWN LOUISVILLE IS THAT IN ADDITION TO THE A, THE STATE AND CITY AVALOR AND PROPERTY TAXES THAT ARE PLEDGED TO THE, UM YAM MARINA. THE SALES, UH THE SALES TAXES ARE ALSO PLEDGED, WHICH REALLY RESTRICTS OUR ABILITY TO, UM, USE SOME OF THE OTHER STATE TOOLS. UH, THAT YOU SALES TAX. THAT IS REALLY, UH, THEIR HOTEL FOCUSED TOOLS THAT THE STATE HAS, UM THAT, UH THAT USE THE SALES TAX AND AGAIN SINCE WE DON'T LEVY A SALES TAX AND MORE ARE NOT ALLOWED TO LEVY A SALES TAX REMOVAL. UM THE, UH, THE YAM
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MARINA DOES TAKE THAT SALES TAX OFF THE OFF THE BOARD FOR US, WHICH MAKES IT DIFFICULT FOR HOTEL PROJECTS TO GO TO THE STATE, WHICH IS WHY YOU'LL SEE US COME TO YOU WITH A HOTEL TIFF PROJECTS IN DOWNTOWN LOUISVILLE. OK MY LAST SLIDE I WAS GONNA SAY , UH SO JUST TO GIVE YOU A WINDOW YOU GET YOU CAN GO OVER YOUR LAST SLIDE. UH OR WE'LL PROBABLY JUST FOR TIME'S SAKE.WE'LL REACH OUT TO YOU. MAYBE JUST A FOR TIP DISCUSSION IN PARTICULAR AFTER, UH, COUNCIL SPRING BRINK AND THEN, UH, WE'LL OPEN FOR 10 MINUTES FOR QUESTIONS, AND THEN WE'LL GO TO THE NEXT ITEM PERSPECTIVE. EXCELLENT. IS IT GOOD? THAT SOUNDS GREAT. ALL RIGHT, LET'S TALK ABOUT INDUSTRIAL REVENUE. BONDS. UM HE'S SO ENTHUSIASTIC ABOUT THIS. I AM I'M BIG I HE'S A PUBLIC FINANCE GEEK. I'M SORRY. HE LOVES THIS STUFF. THIS STUFF IS THIS STUFF PROBABLY MAKES MOST PEOPLE'S HEADS SLIM, BUT IT IS, UH, IT IS IT'S FUN TO TALK ABOUT THIS STUFF BECAUSE IT'S INTERESTING. UH, INDUSTRIAL REVENUE BONDS. SOME OF YOU, UH, FOR ANY OF YOU THAT ARE ARE, UM, PUBLIC POLICY NERDS. UM IF THEY'RE ANYBODY ANYBODY ELSE IN THE HOUSE WELL, I KNOW THAT, UH, WE HAVE A, UH, AN IRB IS ALSO REFERRED TO AS A PRIVATE ACTIVITY BOND IN SOME CIRCLES, SO I I'LL JUST GIVE YOU THE OVERVIEW HERE, I INDUSTRIAL REVENUE BONDS. UM ARE BONDS THAT WE ISSUE THAT WE ACTUALLY THEIR BONDS THAT WE DO NOT ISSUE THESE ARE BO. THESE ARE BONDS THAT ARE ISSUED IN THE PRIVATE MARKET THAT WE PROVIDE ACCESS TO, SO WE PROVIDE ACCESS TO LOWER FINANCING COSTS BECAUSE OF OUR BOND RATING TO, UM, DEVELOPMENT PROJECTS. SO, UM, IT'S CONDUIT DEBT, AND YOU WILL SEE US WHEN WE BRING IRP BOND RESOLUTIONS TO YOU. WE WILL STATE UP FRONT THAT THEY ARE. IT IS CONDUIT DEBT. UM THERE. THERE'S TWO WAYS THAT WE CAN USE. I RBS WE CAN EITHER PROVIDE DIRECT ACCESS TO THE BOND MARKET, WHICH AGAIN LOWER FINANCING. YOU SAW ONE OF THOSE MOST RECENTLY THROUGH NORTON HEALTHCARE, UM, THAT THEY DID A. I BELIEVE IT WAS A $600 MILLION BOND ISSUE. UM, THAT CAME THROUGH HERE AGAIN THAT JUST GAVE NORTON THE ABILITY TO GET TO LOWER FINANCING COSTS. UH, I DID NOT PUT ANY DEBT ON THE CITY'S BOOKS. IT DOESN'T OBLIGATE US TO ANYTHING. IT JUST GIVES THEM ACCESS. THE OTHER TYPE OF INDUSTRIAL REVENUE. BOND IS WHERE WE PARTICIPATE IN THE BOND. WE PROVIDE ACCESS TO THE LOWER FINANCING COSTS AND WE CAN , AND WE REDUCE THE OVERALL TAX BURDEN BY PUTTING THE, UM BY DOING A LEASE ARRANGEMENT WITH THE, UM WITH THE, UH DEVELOPMENT OR THE PROJECT OWNER, THE MOST INFAMOUS OR FAMOUS ONE OF THOSE IS CHURCHILL BALANCE PROJECT. SO THE CITY IS THE OWNER. IF YOU LOOK ON LOGIC OR THE P VA, YOU'LL SEE THAT LOUISVILLE METRO JEFFERSON COUNTY OWNS THE, UH, OWNS CHURCHILL DOWNS. WE DO NOT.
WE HAVE A LEASE INTEREST BECAUSE WE ISSUED AN INDUSTRIAL REVENUE BOND. UM, FOR THAT FOR THAT PROJECT, AND WE HAVE REDUCED THEIR OVERALL PROPERTY TAX BURDEN BY BEING THE OWNER. SO OF COURSE, THE CITY DOES NOT PAY PROPERTY TAXES. UM BUT WHAT WE DO AS PART OF THESE, UH, AGREEMENTS AS WE CAP THEM, NUMBER ONE. WE JUST LIKE THE TIP AGREEMENTS. WE SAY THIS IS THE MOST BENEFIT THAT YOU CAN GET FROM THE CITY OF LOUISVILLE. IF YOU IF YOU GENERATE MORE TAXES THAN THAT, OR GENERATE MORE BENEFIT FROM IT, WE WILL NOT WE. YOU WILL START PAYING US TAXES.
THE OTHER THING WE DO IS TO MAKE SURE THAT WE ARE NOT HARMING OURSELVES OR ANY OF THE OTHER TAXING DISTRICTS WHEN WE TAKE IT OFF THE TAX ROLLS. WE WILL ENTER INTO A PAYMENT IN LIEU OF TAXES, AGREEMENT OR PILOT AGREEMENT. UM AND THAT THAT'S SOMETHING WHERE THEY ARE ACTUALLY MAKING A PAYMENT TO, UM, THE SCHOOL DISTRICT. THE CITY TO, UM, MAKE SURE THAT WE ARE NOT LOSING ANY REVENUE. UM THERE ARE ONLY CERTAIN TYPES OF PROJECTS THAT, UH, CAN BE THAT I RBS CAN BE USED FOR SO JUST LIKE THE NAME SAYS MOSTLY, THESE ARE INDUSTRIAL PROJECTS OR MANUFACTURING BASED PROJECTS. THERE'S AN EXPANDED LIST OF PROJECTS IF THE PROJECT IS INSIDE THE URBAN SERVICES DISTRICT. UM THAT'S BECAUSE OF SOME SPECIAL DECLARATIONS THAT, UM, METRO HAS MADE AROUND, UH, WHERE THESE BONDS CAN BE ISSUED. OK? I'M HAPPY TO ANSWER ANY QUESTIONS. WELL, CAN I CAN I DO ONE MINUTE AND JUST MAKE A COUPLE OF COMMENTS JUST TO GIVE YOU ALL SOME CONTEXT? THANK YOU. JEFFREY. UM THE COUNCIL OR THE COUNCIL. THE ECONOMIC DEVELOPMENT CABINET HAS HAS BEEN FOCUSED. WHEN I CAME ABOARD NINE OR 10 MONTHS AGO, THE MAYOR ASKED US TO TAKE A FRESH LOOK AT STRATEGICALLY. HOW DO WE DO ECONOMIC DEVELOPMENT IN THE CITY? IT'S SORT OF BEEN DONE. IT'S EBBED AND FLOWED IF YOU GO BACK TO JERRY'S EARLIER TERMS, STRONG OUTSOURCING OF STUFF TO GL I THEN INSOURCING UNDER MAYOR FISHER, AND IT'S EBB AND FLOWED OVER THE YEARS. SOMETIMES THE RELATIONSHIPS HAVE BEEN GOOD, SOMETIMES NOT FOR REASONS THAT
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ARE PARTICULARLY GERMANE TODAY WE SET OUT TO TAKE A FRESH LOOK. THAT WAS THE ECONOMIC DEVELOPMENT STAKEHOLDERS WORK. THE MAYOR BROUGHT 80 SOME ODD PEOPLE TOGETHER AND WE CAME UP WITH A PLAN THAT CAME OUT IN MID DECEMBER. AND THAT PLAN REALLY FOCUSED ON FOUR PILLARS. I WON'T GO THROUGH THAT TODAY BUT MOSTLY ON QUALITY OF PLACE AND PEOPLE AND SKILLS AND ACCESS TO CAPITAL AND ALSO CALLED FOR THE CREATION OF WHAT WE THINK IS A RATIONAL ECONOMIC DEVELOPMENT AUTHORITY, A PUBLIC PRIVATE ENTITY THAT MOSTLY WOULD BE CONTROLLED BY THE PRIVATE SECTOR, NOT THE PUBLIC SECTOR. UH AND WE WILL BE BRINGING THOSE PLANS TO FRUITION , UH TO LIGHT AND COME DISCUSS WITH YOU ALL OVER THE NEXT SEVERAL MONTHS. AND, UH, I DON'T THINK THEY WE GOT FERGUSON WORKING WITH US AND SOME OUTSIDE COUNSEL WORKING WITH US ON HOW THAT STRUCTURE MIGHT WORK, BUT I THINK IT WILL GIVE US THE ABILITY TO REALLY FOCUS ON HOW WE TAKE THIS PLAN AND REALLY BUILD OUT AROUND ALL OF THE GREAT THINGS THAT ARE GOING ON IN LOUISVILLE, BECAUSE LOUISVILLE FOR ALL OF THE YOU KNOW, SOMETIMES YOU GET SO CLOSE TO IT. YOU THINK THE GLASS IS HALF EMPTY? IT'S REALLY HALF FULL. I MEAN, WE'RE BUILDING HISTORIC AMOUNTS OF HOUSING IN THE COMMUNITY RIGHT NOW. BUSINESSES ARE LOCATING HERE. BUSINESSES ARE LOCATING ACROSS KENTUCKY AT HISTORIC RATES RATES THAT NONE OF US HAVE EVER SEEN IN OUR LIFETIMES. AND SO THE JOB NOW IS TO GET AS MUCH OF THAT FOCUS HERE IN JEFFERSON COUNTY, AND FRANKLY, MY OWN VIEW IS IF THERE'S A DATA CENTER IN SOUTHERN INDIANA. IT'S A WIN FOR THE ENTIRE COMMUNITY. IT'S A WIN FOR EVERYBODY. THE RIVER SHOULDN'T DIVIDE US ECONOMICALLY , PEOPLE COME AND GO ACROSS THOSE BRIDGES AND CAPITAL GETS SPENT AND PEOPLE LIVE IN HOUSES ECONOMIC AUTHORITY MORE TO COME ON THAT. THE SECOND THING I'VE LEARNED IS WE HAVE WE HAVEN'T DONE A TERRIBLY GOOD JOB OF THERE ARE ALL KINDS OF URBAN LEAGUE HAS DONE SOME TERRIFIC WORK, UH, WITH THEIR PLAN ON, UH, ATTACKING THE FOLKS IN THIS COMMUNITY, WHETHER THROUGH REDLINING OR RACE, OR JUST ECONOMIC DISPARITY HAVE HAD HISTORICALLY LOW RATES OF ACCESS TO CAPITAL. AND I'M TALKING NOW ABOUT CAPITAL FOR MINORITY OWNED BUSINESSES, WOMEN OWNED BUSINESSES. IT'S A LOT OF THE WORK THAT DAVID CHRISTOPHER IS DOING IN TRAINING ALL THE FOLKS THAT COME THROUGH AMPED EVERY YEAR, AND THERE'S A WHOLE NETWORK OF THOSE FOLKS. NOT FOR PROFIT AND SOME GOVERNMENT SECTOR, SOME QUASI GOVERNMENT ENTITIES. THERE'S A ACRONYM CALLED CD F. I SO I WASN'T TERRIBLY FAMILIAR WITH THEIR COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS. KIND OF LIKE CREDIT UNIONS. WE HAVE A COUPLE LI IS ONE HOME IS ONE IN THIS TOWN. WE NEED TO EDUCATE. YOU ALL AND ALL OF US ABOUT ALL THESE TOOLS. WE'VE GOT A SMALL LENDING OPERATION INSIDE OUR CABINET CALLED METCO. THAT'S IT'S NOT A BANK, BUT IT'S ABOUT FOUR OR $5 MILLION OF CAPITAL THAT WE LEND OUT IN THAT SLIDE DECK. JEFF JUST PRESENTED WE LOANED OUT $3.5 MILLION THAT IT'S A REVOLVING CAPITAL LOAN FUND, AND IT'S MEETING PEOPLE THAT DON'T HAVE ACCESS TO $50,000 OR 20,000, AND MANY TIMES THEY COME TO US AND THEY DON'T KNOW THEY DON'T KNOW WHERE TO GO GET HELP. AND AS THEY GROW THAT BUSINESS THEN YOU'VE GOT IN THIS TOWN. LIKE THE ECONOMIC DEVELOPMENT HUBS. THERE'S A HUB CALLED AMPLIFY THAT SOME OF YOU MAY BE FAMILIAR WITH IT GETS ALL OF ITS FUNDING FROM STATE GOVERNMENT. AND IT'S THREE OR FOUR EMPLOYEES. THEY'RE NOT GIVING OUT CAPITAL, BUT THEY'RE HELPING YOUNG BAKER, WHO COMES TO THEM WITH AN IDEA TO BUILD A BUSINESS BUT DOESN'T KNOW HOW TO FIND A CFO OR A LAWYER OR HOW TO BEGIN TO THINK ABOUT DIGITAL MARKETING OR WHATEVER YOU'VE GOT TO DO TO GET A BUSINESS STARTED. THEN YOU STEP UP THE FOOD CHAIN A LITTLE BIT, AND THERE'S SOME PEOPLE TRYING TO PUT TOGETHER VENTURE CAPITAL AND PRIVATE CAPITAL. THERE'S A GROUP CALLED WIN RENDER CAPITAL PATRICK HENSHAW UP HERE ON MARKET STREET HAS GOT A BUSINESS WHERE HE'S GONE THROUGH $15 MILLION OF CAPITAL HE'S DEPLOYED. HE'S TRYING TO FIGURE OUT HOW TO DO CHAPTER TWO OF THAT FUND RIGHT NOW, SO THERE'S A WHOLE WORLD OF FINANCIAL LENDING AT THE SMALL BUSINESS END OF THE FOOD CHAIN AND CAPITAL ACCESS THAT WE'RE TRYING TO RATIONALIZE IT. IT'S NOT THAT PEOPLE ARE DOING BAD WORK. THEY'RE DOING REALLY GOOD WORK FOR THE MOST PART, BUT IT'S NOT PARTICULARLY RATIONAL. WE SPENT ALL DAY YESTERDAY WITH THERE'S AN OUTFIT OUT OF CINCINNATI CALLED CY TECH. THAT'S ABOUT PROBABLY 15 YEARS AHEAD OF US AND 1516 YEARS AGO IN CINCINNATI, CINCINNATI CHILDREN'S HOSPITAL, THE UNIVERSITY OF CINCINNATI AND CINCINNATI CHAMBER OF COMMERCE ALREADY AND A GUY WHO WAS CHAIRMAN OF THE BOARD OF PROCTOR AND GAMBLE. THEY ALL RAISE THREE OR $4 MILLION. THEY ARE NOW IN THEIR SIXTH FUND. THEY'VE GOT A $30 MILLION CAPITAL FUND THERE. THAT'S IT'S MOSTLY IT'S A PRIVATE SECTOR ENTITY NOW, BUT IT WAS. IT WAS THAT KIND OF THINKING WHERE THEY USED SOME OF THE PUBLIC'S MONEY TO HELP GET STARTED, UH, SOME OF THIS KIND OF WORK, SO WE'RE DOING WORK IN ALL OF THOSE AREAS RIGHT NOW AND HOPE TO BRING BACK TO YOU, UH, A RATIONAL, BETTER WORKING CAPITAL STRUCTURE. THANK THANK YOU FOR ALL THE OH, IT'S JUST IT'S A LOT I KNOW TO ABSORB. BUT I'VE LEARNED A TON IN MY EIGHT OR NINE MONTHS HERE AND LAURA. THE OTHER THING YOU WE'VE GOT FIVE[00:55:01]
OR SIX CITY OWNED BONDING ENTITIES. YOU KNOW, RIVERPORT CAN BOND PARK CAN BOND TO HIS POINT ABOUT R RBS, UH, JEFFERSON COUNTY CAPITAL PROJECTS CORPORATION IS STILL ON THE BOOKS AND BEEN TALKED ABOUT MUCH SINCE. I DON'T THINK DAVID ARMSTRONG WAS AROUND, AND IT IT IT, BUT IT STILL GOT ASSETS AND LIABILITIES ON ITS BOOKS, SO THEY'RE ALL KINDS OF TOOLS THAT WE'VE GOT. TO ENGAGE CAPITAL FOR THE BENEFIT OF THE CITY AND THE CITY'S ECONOMICS. WE'RE NOT GONNA TRY TO BLOW THEM ALL UP, BUT WE ARE GOING TO TRY TO MAKE THEM MORE RATIONAL SO THAT WE CAN ALL USE THEM BETTER AS TOOLS IN THE COMMUNITY, SO I WANT TO GIVE YOU A LITTLE BIT OF BACKGROUND ON SOME OF THE OTHER WORK WE'RE DOING. NO NO, NO, NO, THANK THANK YOU, UM, DEPUTY MAYOR MALLOY AND JEFF FOR ALL THE WORK THAT YOU'VE BEEN DOING, UM, ONE THING I ALWAYS SAY AT LOUISVILLE JUST WE NEED WE NEED TO TELL THE STORY. AND SO THANK YOU FOR YOUR BEING RECEPTIVE OF COMING TO OUR COMMITTEES EDUCATING SORRY FOR TIME, BUT I DO. OPEN IT UP. UM FOR ABOUT, UM , FOR A FEW QUESTIONS. IF COLLEAGUES IF YOU CAN BE CLEAR, CONCISE, UH, THEY WILL BE BACK.THEY WILL BE BACK. I SAID THAT AND, UH, CITE WITH YOUR QUESTIONS. AND IF THERE IS SOMETHING THAT WE MISS, IT'S ONLY FOR TIME TO PLEASE REACH OUT TO THEM. UH DIRECTLY. SO THANK YOU, UM, COUNCILWOMAN PURVIS, YOU WERE FIRST IN THE QUEUE. GO AHEAD. THANK YOU, MR CHAIR. UM MY COMMENT AND I GUESS QUESTION IS FOR BOTH MR MALLOY AND MR MR O'BRIEN. I NOTICED IN THE PRESENTATION YOU TALKED ABOUT, UH, RETENTION AND IN PORTLAND, UM MY CONSTITUENTS ARE A LITTLE UPSET. WE'VE ALLOWS TWO BUSINESSES, BUSINESSES BUSINESS ANYWAY, WE'VE LOST TWO ENTITIES THAT ARE PORTLAND RESIDENTS DEPENDED ON ONE BILL CVS. AND THE OTHER ONE BEING THE PISTOL.
UH, DISCOUNT STORE. SO WHAT I LIKE TO KNOW FROM YOU GUYS WHEN YOU SEE THESE BUSINESSES, LEAVING UH, ARE YOU ALL DOING ANYTHING FOR ACTIVELY OR ARE YOU ALL RESPONDING TO THE FACT THAT THEY'RE LEAVING? ARE YOU REACHING OUT TO THEM? I? I NOTICED THAT WHEN IT COMES TO HOUSING YOU GUYS ARE HANDS ON UH , IN DISTRICT FIVE I. I THINK YOU ALL WERE THERE TODAY FOR, UH, RIBBON CUTTING FOR DEVELOPMENT. UH BUT IT DOESN'T SEEM LIKE THE BUSINESS. UH, THIS THIS IN THOSE AREAS ARE GETTING THE ATTENTION THAT THEY NEED. FROM YOU GUYS. AND I KNOW THIS ISN'T UM, SOMETHING THAT YOU ALL WANNA HEAR? BUT YOU KNOW, I, I NEED YOU. I NEED YOUR HELP. WHEN I SEE THESE PEOPLE SHUTTING UP AND MOVING, MOVING ON. UM SO I. I LIKE TO, UH GET YOUR FEEDBACK ON THE COMMENTS THAT I JUST MADE. AND IF YOU COULD KEEP YOUR FEEDBACK, CLEAR AND CONS. YEAH, I THINK IT'S FAIR COMMENT. COUNCILWOMAN UH ON ON LOCAL BUSINESSES. WE'VE GOT TO DO A BETTER JOB. AND THAT WHICH IS WHY, UH, DOCTOR MCKEE. WE PROMOTED HIM INTO HIS JOB, AND HE'S REORGANIZING THE SMALL BUSINESS MANAGERS AND WE'RE NOT EVEN I'M NOT EVEN USING THE TERM CLUSTER MANAGERS ANYMORE. BUT PROJECT MANAGERS ON BUSINESS SO THAT WHEN WE LEARN OF THAT STUFF LIKE THE DISCOUNT STORE. I I'M NOT AWARE OF THAT PARTICULAR SET OF FACTS, BUT WE WILL BE RESPONSIBLE, BUT WE'VE GOT TO DO A BETTER JOB. WE HAVEN'T BEEN. FRANKLY WE'RE A LITTLE BIT THIN STAFFED RIGHT NOW WE'VE GOT FIVE OPEN VACANCIES. SO IF YOU KNOW ANY BRIGHT, SMART PEOPLE, WE'RE LOOKING FOR BRIGHT, SMART PEOPLE TO COME TO WORK ON THE LARGE. SEE YOU ALL AT THE JOB FOR LAST WEEK. THEY WERE THERE THEY WERE. THEY ARE OUR FOLKS WERE ALL THERE. YES, MA'AM, UM, ON LARGER THINGS. CBS IS PART JUST TO COMMENT ON THAT ONE. I FOLLOW HEALTH CARE PRETTY CLOSELY.
THAT'S PART OF A NATIONAL TREND. THEY'RE CLOSING STORES ALL OVER THE COUNTRY. RIGHT NOW.
WALGREENS IS TOO AND THAT'S A PART OF A LARGER CON. BUT WE DO FOLLOW UP ON THOSE THINGS. IF WE SEE UH, YOU KNOW, THE THORNTON STATION AT, UH, FIRST AND BROADWAY WERE TRYING RIGHT NOW.
WE MADE CALLS IMMEDIATELY TO THAT, AND THAT'S A DIFFERENT ISSUE. THAT'S SORT OF A CLEAN UP OF A TOUGH CORNER ISSUE. BUT WE TRY TO BE AS RESPONSIVE AS WE CAN TO THOSE. SO YOU FEEL FREE TO CALL OUR ATTENTION TO ANY CALL JOSH, CALL JEFF. CALL ME AND I PROMISE YOU WE'LL GET ON IT. WE MAY NOT ALWAYS I'M NOT BIG ENOUGH TO ROLL BACK WHAT CBS DOES. BUT WE'LL MAKE CALLS. WE CAN. WE'RE TWO DEGREES OF SEPARATION FROM FIGURING OUT WHO TO CALL. I. I LIKE TO KNOW. CAN WE REACH OUT TO CRYSTALS? SURE IF YOU'LL SEND ME THE FAX JUST SEND ME AN EMAIL COUNCIL. TELL ME WHAT IT'S ABOUT. WE'LL WE'LL FIND OUT WHO IT IS. AND WHERE THE STORE IS AND IF THERE'S A WAY TO DO ANYTHING? I DON'T KNOW. OK THANK YOU. YES, MA'AM. THANK YOU NEXT, UH, COUNCILWOMAN CHAPPELL. THANK YOU. I'LL TRY TO MAKE THAT QUICK. BUT UM, I THINK COUNCILOR WOMAN PURPOSES HAS A GREAT QUESTION. I'D LOVE TO CONTINUE THAT CONVERSATION. THANKS FOR COMING TODAY. AND THANKS FOR PROVIDING YOUR QUARTERLY REPORT. I HAVE IT IN FRONT OF ME. THERE'S A LOT OF GREAT BUSINESSES MENTIONED IN IT FROM AN ALL PROJECT TO GLOW WORM TO EARLY BIRD BAGELS, WHICH IS OPENING UP ACROSS THE STREET FOR ME, SO I'M REALLY EXCITED TO SEE THOSE. I'M ALSO EXCITED TO SEE THE PROGRESS ON THE THREE DOWNTOWN SITES, AND I HOPE THAT THOSE CONTINUE TO POSITIVELY
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PROGRESS AS WELL AS THE URBAN GOVERNMENT CENTER. UM, I HAVE A FEW QUESTIONS, I THINK. I'M GOING TO TRIM THEM, BUT I THINK THAT THEY ALL DESERVED ANSWERED ONE OF THE, UM, THINGS THAT YOU HAD MENTIONED IN YOUR REPORT. UM THERE'S 100 AND 29 BUSINESSES THAT HAVE BEEN SERVED FROM LOUISVILLE METRO ECONOMIC DEVELOPMENT. 78 OF THOSE ARE WITHIN JEFFERSON COUNTY AND 51 ARE OUTSIDE OF JEFFERSON COUNTY, MEANING 40% OF ASSIST ASSISTED BUSINESSES ARE OUTSIDE OF JEFFERSON COUNTY. CAN YOU PLEASE SPEAK TO THAT? AND IS THERE ANY, UM REPORTS OR DATA THAT SHOWS HOW THAT MONEY IS IMPACTING LOUISVILLE. YEAH, SO THERE, THERE'S NO MONEY GOING OUTSIDE OF JEFFERSON COUNTY THAT LET ME BE VERY CLEAR ABOUT THAT. THAT IS MOSTLY TECHNICAL ASSISTANCE WHERE SOMEBODY WILL CALL OUR STAFF AND THEY WILL SAY. I WANNA I WANNA LOCATE A BUSINESS AND CAN YOU HELP ME AND THEY'LL MAYBE BE SOMEBODY OUTSIDE THE COUNTY THAT'S EITHER LOOKING TO LOCATE INSIDE THE COUNTY OR SOMEBODY FROM OUTSIDE THE COUNTY THAT'S CALLED US BY ACCIDENT. WE JUST SAY YOU NEED TO CALL BULLOCK COUNTY OR OLDHAM COUNTY OR WHATEVER COUNTY YOU'RE LOCATED IN. WE DON'T WE DON'T HAVE ANY TOOLS OR MECHANISMS TO HELP YOU. BUT ALL OF OUR FINANCIAL TOOLS HELP BUSINESSES LOCATE IN JEFFERSON COUNTY. BUT WE TALKED TO BUSINESS. I MEAN, WE'RE A COMPANY FROM MEXICO CITY THAT MAKES BOURBON BOTTLES FOR BOURBON INDUSTRY, AND SO THEY COME HERE AND WANT TO TALK ABOUT LOCATING SOMETHING, OR WE'LL PUT SOME TECHNICAL ASSISTANCE ON THAT. BUT WE'RE NOT SPENDING TAX DOLLARS AND INCENTIVES ON THAT UNLESS THEY WANT TO COME HERE.ABSOLUTELY BUT TIME IS MONEY. AND ANY TIME THAT YOU ALL SPEND ON THAT THAT IS MONEY SPENT, UM, NEXT UP THE PRESTON HIGHWAY COURT WHERE YOU ALL MENTIONED THAT AS, UM, A BUSTLING CORRIDOR , UH, THAT IS ATTRACTING IMMIGRANT OWNED BUSINESSES. THE PRESTON CORRIDOR PLAN STARTED ITS PROCESS IN 2021. WE'RE SITTING HERE THREE YEARS LATER WITHOUT A PLAN. PLACE THE LAST PUBLIC COMMENT WAS ONE YEAR AGO TODAY, SO WHEN CAN WE EXPECT THAT REPORT? UH EVEN STILL ACCURATE. YEAH, I COUNCILMAN, I SPOKE WITH MR KING WHO'S RUNNING THAT PROJECT. UH, YESTERDAY AND HE IS WORKING TO CONNECT WITH YOU ON WHERE THAT ON WHERE THAT PROJECT SITS. A FIRM TIMELINE WOULD BE GREAT BECAUSE I'VE HEARD THAT SINCE IT TOOK OFFICE SINCE JANUARY, 2023 MY LAST TWO QUESTIONS AND, UM, YOU DON'T HAVE TO ANSWER THEM, BUT I'LL PUT THEM OUT THERE. I'M FINDING IT HARD TO FIND ANY PORTFOLIO FOR RELAND PROJECT. ASIDE FROM COMING SOON PROJECTS, I WAS WONDERING WHY THEY WERE AWARDED THAT PROJECT AND THEN ALSO KIND OF IN THAT SAME VEIN. I KNOW THAT THERE'S THE THREE COMPANIES THAT WERE CHOSEN FOR THOSE THREE DOWNTOWN SITES. THE CIVIC CENTER MAIN WASHINGTON AND MUD. LOTT UM , I WAS JUST WONDERING, YOU SAID THAT THERE AREN'T ANY PLANS FOR THOSE, BUT OBVIOUSLY THERE HAD TO HAVE BEEN A SCOPE OF WORK OR SOMETHING THAT DEEMED THEM BETTER THAN THE OTHER. I THINK SEVEN OR FOUR APPLICATIONS, SO COULD YOU SPEAK TO WHAT THAT WAS ? I'M JUST TRYING TO. I'M JUST TRYING TO FIGURE OUT WHAT THE PROCESS IS. THAT MAKES ONE COMPANY LOOK MORE DESIRABLE OVER ANOTHER FOR YEARS. SO FOR THE RAMP PROJECT, THAT'S VERY SIMPLE ANSWER. THEY WERE THE ONLY BETTER. FOR THE SITE IN 2021. THEY ARE THE ON THE THREE DOWNTOWN SITES CAN I HAD TO RELAY RELAY AND THAT BECAUSE JEFF AND I HAVE WATCHED THIS HE'S LONGER THAN I HAVE. BUT THEY HAVE DONE I WOULD I WOULD AT THE RIGHT TIME. Y'ALL LOOK AT THE ACTUAL DEVELOPMENT PLAN. IT'S PRETTY IMPRESSIVE WHAT THEY INTEND TO BUILD THERE NOW. THEY GOT TO RAISE THE CAPITAL AND GET ALL THAT DONE. BUT THEY'VE ALSO DONE AN AMAZING JOB OF ENGAGING WITH THE COMMUNITY THERE. AND I MEAN PARK BOY VILLAGE IS AS DIFFICULT A HOUSING SPOT AS THERE IS IN THIS CITY TO LIVE IN, AND JIM BECKETT AND HIS TEAM HAVE DONE. I MEAN, IT'S A MODEL.
I'M NOT SURE I'D HAVE THE PATIENCE TO DO THE WORK THEY'VE DONE. SO I SAY, GOD BLESS THEM.
THEY'VE DONE GREAT WORK THERE. AND I WANTED TO GET THE CAP AND ACTUALLY BECAUSE THAT THING'S THE STONE'S THROW FROM U OF L A COULD BE A HUGE LINKAGE TO ALL KINDS OF OTHER STUFF IN THE WEST END AND WISHING THEM THE BEST. AND LIKE YOU SAID, I THINK THAT THEY'VE SECURED $31 MILLION IN STATE INCENTIVES SO FAR, SO OBVIOUSLY THEY THEY'VE BEEN PUTTING IN THE WORK SO I. I WAS JUST CURIOUS ABOUT THEIR PORTFOLIO ON THE THREE DOWNTOWN SITES. VERY SIMPLE ANSWER. WE HAVE A SELECTION COMMITTEE. WE DID A QUALIFICATIONS BASED, UM, SELECTION, SO WE WERE LOOKING AT WHAT THE WHAT THE TEAMS HAD DONE PREVIOUSLY. THE WORK THEY'VE COMPLETED PREVIOUSLY THE PROJECTS THAT WORKING ON WE'RE LOOKING AT AGAIN. WHAT HAVE THEY DONE? WHAT HAVE THEY DONE ON SIMILAR SITES AND WHAT'S WHAT'S KIND OF THEIR PAST EXPERIENCE AND WHAT'S THEIR CAPACITY TO DELIVER SOMETHING, SO IT WAS NOT BASED ON DEVELOPMENT PLANS, AND THEY TALKED ABOUT, UH, WE COULD SEE THIS OR THAT OR THE OTHER THING. BUT IT WAS THEIR WORDS ON A PAGE WASN'T EVEN YOU KNOW, A PRETTY PICTURE TO LOOK AT. SO THANK YOU SO MUCH. THANK YOU. COUNCILMAN INGLE. YEAH THANK YOU, MR CHAIRMAN. I'LL TRY TO BE REAL QUICK HERE, UH, DIDN'T REALIZE THAT I WAS GONNA ACTUALLY BE TALKING WALGREENS AND SEE THE, UH, WALGREENS AND R A TODAY BUT, UM, IT'S NOT AN IT'S NOT AN ISOLATED SITUATION. WE LITERALLY JUST GOT WORD THAT THE WALGREENS ON BARDSTOWN ROAD OUT IN FERN CREEK IS CLOSING. I MEAN, AND WHEN YOU TALK ABOUT, YOU KNOW, REAL ESTATE AND LOCATION, LOCATION, LOCATION. I'VE GOT TWO RIGHT ON BIRDSTONE ROAD, SO YOU CAN'T GET ANY
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BETTER LOCATION, SO WE'VE HAD A RITE AID THAT'S BEEN VACANT FOR YEARS. SO THIS ISN'T ISOLATED TO, UH, DISTRICT HEALTH CARE ISSUE IN THAT INDUSTRY, SO I HOPE I KNOW IT'S A DIFFICULT THING TO ASK. HOW HOW DO WE? HOW DO WE PUT A GAME PLAN TOGETHER A LONG TERM PLAN HERE FOR TO OCCUPY PREVIOUSLY OCCUPIED. PHARMACIES THIS IS REALITY. YOU KNOW, THESE ARE BIG BOX STORES THAT ARE THAT ARE THAT ARE TERRIBLE. AS FAR AS IT IS SIGHING. YEAH, WE PAT TALKED A LI. I'M SORRY. DEPUTY MAYOR MALLOY, HIS HONOR TALKING ABOUT THIS, UH, A LITTLE BIT A LITTLE BIT WHEN WE HAD WE ARE LOOKING AT ORGANIZATION OF OUR CAPITAL SOURCES AND WHAT WE'RE DOING WELL AND WHAT WE'RE NOT DOING SO WELL, AND I THINK WHETHER IT'S ON IN FERN CREEK OR WHETHER IT'S IN PORTLAND. I THINK WHAT WE WOULD SAY IS WE'VE GOT HAD SOME REAL CHALLENGES. WITH OUR COMMERCIAL CORRIDOR STRATEGY. UM, WE HAVEN'T DONE A RETAIL ANALYSIS IN THIS COMMUNITY. IN OVER A DECADE. IT MIGHT. IT MIGHT BE OVER TWO DECADES NOW. AND SO I THINK THERE'S SOME REAL CHALLENGES AND AS AS AS YOU AS YOU ALL KNOW, COVID AND CHALLENGES KIND OF IN THE MACROECONOMIC WORLD HAVE SHIFTED HOW RETAIL BUSINESSES ARE ARE DOING, OF COURSE. UM THE AMAZONS OF THE WORLD ARE REALLY SHIFTING HOW RETAIL BUSINESSES CONDUCTED, BUT WE KNOW THAT THESE CORRIDORS AND THESE BUSINESSES ARE VITAL TO OUR RESIDENTS THAT LIVE IN OUR NEIGHBORHOODS. AND SO WE'RE LOOKING AT WHAT CAN WE DO? WHAT SHOULD WE BE PUTTING IN PLACE TO TRY TO RETAIN? WE'RE NOT WE WE'RE NEVER GOING TO BE ABLE TO REVERSE WHAT RITE AID OR CBS ARE DOING ON A MACRO LEVEL. BUT WHAT CAN WE DO TO BACKFILL THOSE SPACES SO THAT WE HAVE THE SERVICES AND BUSINESSES IN OUR NEIGHBORHOODS THAT ARE RESIDENTS NEED TO THRIVE EVERY DAY. IN A IF I CAN ADD THERE, THE MAYOR IS GOING TO BEGIN A CONVERSATION. I. I THINK HE HE MAY ALLUDE TO IT TOMORROW IN THE PRESS CONFERENCE ABOUT THE HOUSING NEEDS ASSESSMENT, BUT WHEN YOU, UH COUNCILWOMAN TO YOUR POINT ABOUT PRESTON HIGHWAY CORRIDOR IF YOU THINK ABOUT GOING DOWN THE THESE QUARTERS, WHETHER IT'S DIXIE OR PRESTON OR POP, NOT SO MUCH POPULAR LEVEL, BUT PRESTON WERE THEIR BIG COMMERCIAL CENTERS, SOME OF THE CITIES AROUND THE COUNTRY BECAUSE ALL THAT STUFF IS ZONED COMMERCIAL.THEY'RE BUILDING HOUSING IN SOME OF THOSE PARKING LOTS THERE THAT FRONT ON OLD STRIP MALLS THAT ARE SITTING THERE 6070. FOUR AND THERE'S SOME CREATIVE MIDDLE HOUSING WAYS A TERM. WE'RE GONNA TALK A LOT ABOUT OVER THE NEXT FEW MONTHS TO REALLY REVITALIZE SOME OF THAT TO MAKE INFIELD DI.
I'M NOT TALKING ABOUT INVADING PEOPLE'S NEIGHBORHOODS, RESIDENTIAL BACK OFF THE STREETS , BUT UP ON THESE COMMERCIAL CORRIDORS, PUTTING DUPLEXES AND TRIPLEXES AND COTTAGE COURTS AND TINY HOMES AND REALLY ATTRACTIVE LIVING COMMUNITIES IN A LOT OF SPACES. COUNCILMAN INGLE POINT MAY NOT BE COMMERCIAL AGAIN IN OUR LIFETIME. AND IF I COULD, MR CHAIRMAN REAL QUICK, JUST ON THE , UH, ON THE REPORT, THE AMBASSADOR PROGRAM REAL QUICKLY LOOKED LIKE A PRETTY ROBUST PLAN TO DOUBLE THE AMOUNT OF AMBASSADORS AND THE SAFETY AMBASSADOR. COULD YOU GET US CAUGHT UP ON ON WHERE WE ARE WITH THAT? AND HOW IS THAT HOW EFFECTIVE THAT IS DOWNTOWN AND THAT SORT OF THE COST OF, UH, THE COST OF THIS BUILDING WE ARE , THE SAFETY AMBASSADOR PROGRAM IS BEEN DEPLOYED. UM WE'VE HAD OUR FIRST AMBASSADORS EMPLOYED. I THINK THAT, UM I THINK THAT WE ARE SEEING SOME GOOD, UH THERE. UM YOU KNOW AGAIN, WHAT WE WHAT WE REALLY NEED TO HELP WITH DOWNTOWN IS JUST THE PRESENCE OF PEOPLE AND THOSE AMBASSADORS AND HELP THAT SITUATION. UM THERE'S SOME OTHER THINGS THAT WE NEED TO DO TO HELP. UM YOU KNOW, MAKE SURE THAT THOSE AMBASSADORS ARE SUCCESSFUL, BUT, UH, IT HAS BEEN A SUCCESSFUL PROGRAM WE HAVE HEARD THEY HAVE BEEN ABLE TO REDEPLOY AMBASSADORS WHERE PEOPLE ARE WHEN WE HAVE EVENTS AND THINGS HAPPENING IN DOWNTOWN LOUISVILLE, SO WE HAVE MORE OF A OFFICIAL PRESENCE AROUND EVENTS IN THE HOTELS. SO IT HAS IT HAS ALREADY BEEN EFFECTIVE. AND WE'VE ALREADY BEEN WORKING WITH HOTELS AND OTHER EVENT VENUES TO MAKE SURE THAT WE HAVE THE INVESTORS AROUND THOSE FACILITIES AND, UH IT'S BEEN IT'S BEEN EXTREMELY SUCCESSFUL. THE AMBASSADOR PROGRAM COMMUNITY WIDE WHETHER IT'S DOWNTOWN OR OUT IN THE NEIGHBORHOODS HAS BEEN IT'S BEEN A PROGRAM THAT HAS BEEN WELL LOVED I. I THINK, I, I THINK IN THE FOUR YEARS. WE'VE BEEN DOING IT. I'VE HEARD ONE COMPLAINT. WELL ONE PERSONALLY, UH, ON BEHALF OF THE COMMITTEE. THANK YOU ALL FOR COMING. UH, TO US IS, UM, TO TELL THE STORY. SO UM, THANK YOU FOR ALL THE WORK THAT YOU'RE DOING, AND WE KNOW IT'S NOT EASY WORK, BUT THANK YOU TO YOUR YOU AND YOUR TEAM. UH, DEPUTY MAYOR MALLOY AND JEFF FOR ALL AND MR O'BRIEN FOR ALL THAT YOU GUYS DO SO THANK YOU, UH, COUNCIL MEMBERS WILL BE, UH, AGAIN FOLLOWING UP BRINGING THEM IN. AND THEN NEXT, WE WILL. UH UH, HAVE DEPUTY MAYOR DATA MAY HAVE
[24. ID 24-0128 HOW THE PROCUREMENT PROCESS WORKS: Deputy Mayor Dana Mayton, Mayor’s Office]
THE PROCUREMENT PROCESS WORKS. COME UP. UH I'M GONNA ASK, UH, DEPUTY MAYOR. UH, MAYTON? UM THE PRESENTATION FOR THOSE WHO ARE WATCHING ONLINE IS PUBLIC. UM, IT IS ALSO AT YOUR SCREENS.REVIEW THAT, BUT IF YOU COULD JUST GIVE A GENERAL OVERVIEW FOR TIME'S SAKE, AND THEN WE'LL GO TRANSITION TO GENERAL QUESTIONS THAT THOSE MAY HAVE I'M DANA MA, DEPUTY MAYOR FOR OPERATIONS AND
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BUDGET. OF COURSE, WE BROUGHT THE REAL EXPERTS TODAY. JOEL NOVELL IS OUR PROCUREMENT, UH, DEPARTMENT. AND ANGELA DUNN THE CFO SO AGAIN, I THINK THE PRESENTATION IS A REALLY GOOD PRIMER ON PROCUREMENT. I ASKED THEM TO PUT IT INTO THE DIFFERENT BUCKETS OF HOW WE DO PURCHASING. SO IF THERE ARE ANY SPECIFIC QUESTIONS THAT YOU KNOW THE COMMITTEE HAS THAT WE CAN JUST ADDRESS RIGHT OFF THE BAT BECAUSE I KNOW WE'RE RUNNING OVER FOR ANOTHER MEETING TO COME IN HERE AND THEN, OF COURSE, WE'RE ALWAYS HAPPY TO ANSWER INDIVIDUAL QUESTIONS. YOU CAN CALL ANY OF US ANYTIME. THANK YOU, UH, WE HAVE ANYONE IN THE QUEUE JUST FOR TIME. THERE'S NO ONE'S IN THE QUEUE AGAIN. THANK YOU FOR YOUR TIME. UH, WE'LL AS COUNCIL MEMBERS THERE, WE'LL MAKE SURE THAT WE REVIEW THE PRESENTATION AND I WILL ADVISE ANYONE AT HOME WATCHING. PLEASE ACCESS THAT PRESENTATION AS UH, DEPUTY MAYOR. UH, MAYTON SAID THAT FOR COUNCIL MEMBERS IF YOU DON'T HAVE ANY INDIVIDUAL QUESTIONS TO REACH OUT TO THE OFFICE DIRECTLY, THEY HAVE BEEN GREAT. UM SEEING THAT THERE'S NO OTHER DISCUSSION. THIS MEETING IS ADJOURNED. THANK YOU.* This transcript was compiled from uncorrected Closed Captioning.