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HomeMy WebLinkAboutReso 2015-115 RESOLUTION NO. 201>-115 RESOLUTIOI�T OF THE CITY COUNCIL OF THE CITI' OF CHULA VISTA APPROVII�'G THE PROPERTY ASSESSED CLEAI�' EI�'ERGY (PACE) PROGRAM GUIDELII�'ES TO HELP GUIDE EXPANSIOI�' OF PACE PROGRAI�9 OFFERII�'GS AVAILABLE TO CHULA VISTA PROPERTY-O���i�'ERS �i%HEREAS, as part of its Climate Action Plan implementation, the Cit�� has pursued the establishment of Propem� Assessed Clean Energ�� (PACE) programs ro allow propem�-owners to finance energy and ���ater-sa�ino improvements throuah a voluntar�� tax assessment on their property; and � A'HEREAS, the resultine utility savines are used to help off-set the ne��� ��oluntan� propert�� assessment and the assessment obli=ations generallv transfer �ti�ith the property upon sale: because the new o�+�ner continues to benefit from the efficiencv improvements; and �'�'HEREAS, Chula Vista propem-oNmers can currenth� choose beh��een n��o different PACE programs: the local Clean Energ�� Chula Vista program (administered b�� Y�rene Enere�� Fund) and the state���ide CalifomiaFIRST program (administered b�� the Califomia State���ide Community De��elopment Authorit�� R Rene�ti�able Fundine); and \6%HEREAS, the City has received requests from constituents to allo��� additional PACE programs to operate in Chula Vista in order to provide greater consumer choice and possibh� foster more competitive rates/rerms; and W"HEREAS, staff sua�ests that am� further espansion of PACE program offerings should be euided by certain minimum criteria to continue to ensure high levels of consumer protection and program accountabilit��; and WHEREAS, staff has created guidelines, which ���ere compiled from best practices developed by the State of Califomia. US Department of Enere}�. and other jurisdictions, in order to e��aluate additional PACE programs; and W"HEREAS: am� ne��� PACE program ��ould still need to be formally reviewed bv the Cit�� Attomev's Office and approved b�= the City Council. NOV�'. THEREFORE. BE IT RESOLVED b�• the Cit�� Council of the Ciri- oF Chula Vista that it appro��es the Property Assessed Clean Enerey (PACE) Program Guidelines. in the form presented, a cop�� of��hich shall be kept on file in the Office of the Cim Clerk. Resolution No. 2015-115 Paee No. 2 Presented by Approved as to form by �� �Richard A. Hopkins Glen 18�Goog'ns Director of Public Works City A orney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, Califomia, this 2nd day of June 20]� by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, McCann, Miesen and Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None � Mary S s, Mayor ATTEST: ��- Donna R. Norris, CMC, Crt}� Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Donna R. Norris, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing Resolution No. 2015-ll� was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 2nd day of June 2015. Executed this 2nd day of June 2015. __ �,�`�- � - Donna R. Norris, MC, City Clerk