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A group of Louisville Metro Council members on Tuesday advanced a tax increment financing measure for the long-planned One Park project. Its developer says he needs the subsidy, potentially worth $114 million, to complete the venture, but some residents are critical of the idea.
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Louisville Mayor Craig Greenberg allowed a measure aimed at reducing displacement to become law without signing it. Metro Council unanimously passed the ordinance last month after it spent years in progress.
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The Federal Aviation Administration is recommending new ways for planes to fly in and out of Louisville Muhammad Ali International Airport. The proposal aims to help reduce aircraft noise impacting nearby communities.
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The plan, entitled Growing Louisville Together, spans 52 pages and encompasses multiple citywide issues. Louisville Mayor Craig Greenberg said the new draft embraces opportunities and addresses challenges head-on.
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Carrie Butler, executive director of TARC, will resign on Dec. 31, the agency said Tuesday. During her time at the helm, TARC set long-term goals and dealt with some controversy.
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Employees at two Louisville Ford plants rejected a contract offer Sunday. The deal, negotiated by the United Auto Workers union, affects about 57,000 Ford workers in the United States and needs a simple majority to pass.
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Around 12,000 hourly workers at Ford’s Kentucky Truck Plant and Louisville Assembly Plant are voting Sunday on whether to approve a new contract. They’re members of the United Auto Workers union, which recently agreed to the tentative deal after striking for a month.
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Louisville Metro Council unanimously passed two ordinances last week revising local rules for landmarking buildings. The sponsor said they would discourage late landmarking petitions that interfere with development plans.
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Ford Motor Company is postponing the start of production at the second of two plants at the upcoming BlueOval SK Battery Park. The site will build batteries for Ford and Lincoln electric vehicles in Hardin County.
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The United Auto Workers union and Ford Motor Company reached a tentative bargaining agreement Wednesday night after months of negotiations. That means about 8,700 employees at Louisville’s Kentucky Truck Plant are no longer on strike.
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Ford Motor Company is offering workers to take unpaid leaves of absence at its Louisville Assembly Plant.
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Humana CEO Bruce Broussard will step down late next year. Jim Rechtin, president and CEO of Envision Healthcare, which provides hospitals with clinicians, will take over the Louisville-based Fortune 500 company.