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HomeMy WebLinkAboutR-2015-106 - Authorized the Creation of a Property Assessed Clean Energy (PACE) Program RESOLUTION NO. 2015-106 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING THE CREATION OF A PROPERTY ASSESSED CLEAN ENERGY (PACE) PROGRAM IN ACCORDANCE WITH SECTION 163.08, FLORIDA STATUTES; JOINING THE GREEN CORRIDOR PROPERTY ASSESSMENT CLEAN ENERGY DISTRICT, FLORIDA GREEN FINANCE AUTHORITY, AND FLORIDA PACE FUNDING AGENCY PROGRAMS; PROVIDING FOR AUTHORIZATION; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, in 2010, the Florida Legislature adopted Section 163.08, F.S., which allows local governments to create Property Assessed Clean Energy (PACE) programs in order to provide the upfront financing for energy conservation and efficiency (i.e., energy-efficient heating, cooling, or ventilation systems), renewable energy (i.e., solar panels), and wind resistance (i.e., impact resistant windows) improvements (the"Qualifying Improvements"); and WHEREAS, PACE programs not only assist residents and business owners in reducing their carbon footprint and energy costs, but also stimulate the local economy by the creation of needed construction jobs; and WHEREAS, Section 163.08, F.S. authorizes local governments that create PACE programs to enter into a partnership in order to provide more affordable financing for the installation of the Qualifying Improvements; and WHEREAS, given the widespread energy and economic benefits of PACE programs, the City Commission desires to create a PACE program in order to provide the upfront financing to property owners for Qualifying Improvements and to enter into agreements with the Green Corridor Property Assessment Clean Energy District, Florida Green Finance Authority, and Florida Pace Funding Agency; and WHEREAS, the City Commission finds that this Resolution is in the best interest and welfare of the residents of the City; NOW, THEREFORE, BE IT RESOLVED, BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the creation of a PACE program, in accordance with Section 163.08, F.S., is approved. Section 2. That the City agrees to join the Green Corridor Property Assessment Clean Energy District, Florida Green Finance Authority, and Florida Pace Funding Agency PACE programs. Section 3. That the proper City officials are authorized to execute agreements with the above referenced PACE programs. Section 4. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 5. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on September 21, 2015. ATTEST: Is HgsT��f LOUISE STILSO C VC SALVINO, SR. CITY CLERK YOR A�, APPROVED AS TO FO CORRECTNESS: THOMAS J. AN BR CITY ATTORAY 2 RESOLUTION#2015-106