30-03 New Chpt 113 Living Wage - Laserfiche WebLink

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Please Substitute for Ordinance No. 30-03 (Placed' on 1st Reading and Referred to the Health and Human Services Committee 4/7/03, Placed on 2nd Reading 4/21/03.) ORDINANCE NO. 30-03 BY: Corrigan, Dever, Dunn, FitzGerald, George, Roth, Seelie. AN ORDINANCE to enact new Chapter 113, LMng Wage, of the Codified Ordinance of the City of Lakewood for the purpose of requiring qualified businesses who contract with the City to pay an hourly wage which enables the employee to live above the level of poverty. WHEREAS, it is in the best interest of the City of Lakewood to establish a standard whereby working people are paid a fair wage; and WHEREAS, there is currently a national campaign which seeks to establish a living wage to enable working families to lift themselves above the poverty level. Now therefore, BE IT ORDAINED BY THE CITY OF LAKEWOOD, STATE OF OHIO: Section 1. That new Chapter 113, Living Wage, is hereby enacted to read as follows: 113.01 DEFINITIONS. For the purpose of this chapter, the following words, phrases and terms are defined as follows: (a) "Applicable Department" means the City department(s) designated for the administration of this Chapter. (b) "Assistance" means any form of City financial assistance, except for financial assistance provided for the development, rehabilitation or other means of'providing residential housing, that is awarded, renegotiated or renewed after the effective date of this Ordinance. Assistance covered by this Chapter includes but is not limited to: grants, economic development loans;' tax credits, incentives and abatements; subsidies; and bonds. For purposes of determining coverage under this Chapter, financial assistance shall be valued to the extent the recipient of the assistance derives a monetary benefit from the City. For instance, loans shall be considered Assistance only to the extent they are forgiven or discounted below the available market rate OVer the life of the loan. Tax credits, incentives and abatements shall be considered Assistance to the extent of'the tax reduction realized by the recipient. For purposes of this Chapter, Assistance does not include financial assistance which is received from another 'government or other entity which the City acting only as a condUit or fiscal agent for the funds, where the City exercises no control over the identity of the any recipient or of the terms of the contract. Community Development Block Grant funds are not considered Assistance under this Chapter. (c) "City" means the City of Lakewood and all City divisions, departments, and offices. (d) "Covered Employee" means: