Mayor Michael Bloomberg called the City’s Council’s overriding of his living wage bill veto “predictable” – saying Friday he plans to sue.

Speaking on his weekly WOR-AM radio show, the mayor said the city shouldn’t dictate wages, that the bill was “pandering to a handful of people” and it is counter-productive to business.

“I have said we’re going to sue, and we will sue,” Bloomberg said. “The city shouldn’t dictate wages. There’s a national and a state minimum wage, and that’s fine. But when one city starts competing with another on driving business out or attracting business in, it’s just not productive for anybody.”

The Council on Thursday overrode the mayor’s veto of the living wage bill, which requires companies that get city subsidies to pay their employees at least $10 an hour plus benefits, or $11.50 an hour.  

The bill, championed by Council Speaker Christine Quinn, was passed 45-to-5 in April.

The Bloomberg administration has consistently opposed this legislation saying it threatens the city’s economic future.