On any construction project approved by the Lawrenceburg Development Corporation and financed in whole or in part by proceeds from sale of economic development bonds, grants or approved by or financed through any city agency, board, committee or commission, pursuant to an Investment Incentive Program, contractors retained to complete the project shall be required to pay the employed on the project wages equal to the prevailing wage customarily paid to each class of worker engaged in similar work in Lawrenceburg and surrounding areas.
(`94 Code, § 33.02) (Ord. 1-1986, passed 4-7-86)