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File Number: 15-640 <br />in order to have a solid plan in place to minimize inflation <br />Council Member Lee specified the importance of gradually applying increases as to <br />help businesses plan for the increases and include them into their budgets in an effort <br />to keep businesses from closing their doors. <br />Mr. Zapata clarified that Los Angeles’ minimum wage is to increase to $15.00 an hour <br />by 2020 with gradual increases pointing out that businesses with less than 25 <br />employees would have an additional year to implement the increases. <br />Vice Mayor Prola illustrated the benefit of the minimum wage increase specifying the <br />extra income would go back into the community creating additional revenue for the city. <br />Council Member Lee drew attention to the importance of quantifying the number of <br />large businesses and researching which ones are not paying the living wage and hold <br />them accountable which would benefit the community and the city as a whole. <br />3. PUBLIC COMMENTS <br />None. <br />4. COMMITTEE MEMBER COMMENTS <br />Council Member Lee and Vice Mayor Prola are looking forward to seeing how minimum <br />wage could benefit San Leandro. <br />5. ADJOURN <br />The meeting was adjourned at 5:50 p.m. <br />PREPARED BY: David Baum, Finance Director <br />Page 4 City of San Leandro Printed on 12/1/2015