Legislation Details

File #: R-044-26    Version: 1 Name:
Type: Resolution Status: New Business
File created: 5/11/2026 In control: Budget Committee
On agenda: 5/14/2026 Final action:
Title: A RESOLUTION APPROVING THE BUDGET AND ECONOMIC IMPROVEMENT PLAN FOR THE GREATER LOUISVILLE LODGING MANAGEMENT DISTRICT DBA LOUISVILLE HOTEL PARTNERSHIP FOR THE PERIOD JULY 1, 2026, TO JUNE 30, 2027.
Sponsors: Kevin Kramer (R-11)
Attachments: 1. R-044-26 V.1 051426 Approval of GLLMD Budget and Econ Dev Plan.pdf, 2. R-044-26 ATTACH Exhibit A - Budget and Plan.pdf
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RESOLUTION NO. __________, SERIES 2026

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A RESOLUTION APPROVING THE BUDGET AND ECONOMIC IMPROVEMENT PLAN FOR THE GREATER LOUISVILLE LODGING MANAGEMENT DISTRICT DBA LOUISVILLE HOTEL PARTNERSHIP FOR THE PERIOD JULY 1, 2026, TO JUNE 30, 2027.

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SPONSORED BY: COUNCIL MEMBER KEVIN KRAMER

 

WHEREAS, the Greater Louisville Lodging Management District dba Louisville Hotel Partnership (“District”) is established pursuant to Louisville Metro Code of Ordinances 168, Sections 168.01-168.98, (“Ordinance”) which provides for the financing of economic improvements that specifically benefit designated lodging properties with 51 rooms or more within the District; and

WHEREAS, the Board of Directors for the District has developed a budget for the period from July 1, 2026, through June 30, 2027 (“Budget”) and economic improvement plans (“Plans”) as required by the Ordinance; and

WHEREAS, the Board of Directors has submitted the Budgets and Plans as attached hereto as Exhibit A.

NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT AS FOLLOWS:

 

SECTION I: As required by the Ordinance, a public hearing was held for the purpose of soliciting comments upon the Budgets and Plans.

SECTION II: The Budgets and the Plans are approved as attached. 

SECTION III:                      The Council directs the Boards of Directors of the District to publish the Budgets and Plans pursuant to KRS Chapter 424.

SECTION IV: This Resolution shall take effect upon its passage and approval or otherwise becoming law.

 

_______________________________                                          _____________________________

Sonya Harward                                                                                                         Brent Ackerson

Metro Council Clerk                                                                                                         President of the Council

 

________________________________                                          _____________________________

Craig Greenberg                                                                                              Approval Date

Mayor

 

 

 

APPROVED AS TO FORM AND LEGALITY:

 

Michael J. O’Connell

Jefferson County Attorney

 

By: ________________________________   

 

R-044-26 GLLMD FY 26 Budget Approval JDF 040126