The Large Retailer and Accountability Act of 2013 (LRAA), passed by the Council of the District of Columbia last week, arrived on Mayor Vincent Gray’s desk Wednesday. The bill establishes a minimum wage of $12.50 an hour for workers at retail stores with more than 75,000 square feet and whose parent company makes more than $1 billion in gross revenues annually.

This bill was not controversial until Walmart, with plans to bring six stores into the District of Columbia, threatened to cancel three of those projects if the bill passed. Despite that threat, here are five reasons Mayor Gray should sign the LRAA when it gets to his desk. Are you listening, Mr. Mayor? Here we go: