This ordinance requires city service contractors or recipients of city financial assistance of $50,000 or more to pay employees a wage equivalent to the federal poverty line for a family of four.

The ordinance requires companies or non-profits with service contracts with the city worth at least $25,000 or benefiting from at least $100,000 in city subsidies to pay workers a minimum of $9.25 an hour; entitles workers to 12 paid days off per year; and allows collective bargaining agreements to supersede the requirements of the living wage ordinance.