A University of Minnesota economics professor leading a study underway on a possible $15 per hour minimum wage in Minneapolis will be paid $120 per hour plus benefits under a contract approved by the Minneapolis City Council.

Samuel Myers, Jr., Director of the Roy Wilkins Center for Human Relations and Social Justice at the University of Minnesota, will receive $19,000, plus $6,500 in benefits for an estimated 160 hours on the project, university documents show. Myers earned $183,000 in 2014, according to the Minnesota public salaries database.

Two more participants in the study, including AFL-CIO Chief Economist William Spriggs, will receive $20,000 for their efforts.