Speaker numbers apply only to this recording.
The Labor and Economic Development Committee met on October 6, 2026, at 3:04 PM to discuss and vote on a resolution granting local incentives to Medvantx, Inc. The meeting lasted approximately six minutes and concluded with a unanimous voice vote recommending the resolution to the full Metro Council.
This meeting is being transcribed and summarized. Metro TV, we're going to begin in a hundred and twenty-seven seconds. Yes. Give a second. Let's let myself actually be virtual for things. That is really the clutch thing. All right. Are we ready? Sure. Thank you. All right, ladies and gentlemen. Welcome to the regularly scheduled meeting of the Labor and Economic Development Committee. It is three oh four Apple Time. I am Councilman Ben Reno Weber. I am joined here in chambers by my vice chair, Councilwoman Bast, by uh Councilman JP Lininger, by Councilman Batshawn, by Councilman Hudson, and we have a quorum. So move to the second. Is there anyone here to speak to this? Please introduce yourself for the record. Thank you. My name is Malcolm Jolly with one Louisville. Good afternoon, members of Metro Council. I'm here to speak today about MedVantics, a pharmacy services provider operating one of the largest independent non-commercial dispensing pharmacies in the U.S. has expanded into a new Louisville location, a high capacity pharmacy and distribution facility developed with UPS Healthcare and Innovation Associates. Providing prescription orders and direct to patient uh direct to patient orders. This facility is located at 6204 Newcut Road in District 13. MedVantix committed to expanding its operation with the addition of 122 new jobs with an average hourly wage of 3522 an hour and a capital investment of 26.9 million. The company is requesting Kentucky Business Investment Act participation at 1% of the local occupational wage assessment and meets all requirements and compliance standards as established and monitored by the Kentucky Cabinet for Economic Development. Louisville Metro government and one Louisville are supportive of this request for KBI participation and look forward to its approval. Thank you. Colleagues, is there anyone who would like to speak to this? All right. I will only editorialize for 15 seconds to say businesses at the end of the runway are uh a vertical we can absolutely win and we absolutely need to be investing in GoTeam. Uh this is an item requiring a voice vote. Uh all those in favor, please signify by saying aye. Aye. Aye. Any opposed? Seeing none, this will move on to the consent calendar. Thank