HomeMy WebLinkAbout734-17 PACE Ygrene RESOLUTION NO. 734-17
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ZEPHYRHILLS, FLORIDA CREATING A PROPERTY
ASSESSED CLEAN ENERGY (PACE) PROGRAM AND
JOINING THE GREEN CORRIDOR PROPERTY
ASSESSMENT CLEAN ENERGY (PACE) DISTRICT AS A
NON-VOTING MEMBER; AUTHORIZING THE
EXECUTION OF A NON-EXCLUSIVE MEMBERSHIP
AGREEMENT WITH THE GREEN CORRIDOR
PROPERTY ASSESSMENT CLEAN ENERGY (PACE)
DISTRICT; PROVIDING DIRECTIONS TO THE CLERK;
AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, Section 163.08, Florida Statutes (the "PACE Act") authorizes counties,
municipalities,and certain separate local government entities to establish and administer financing
programs pursuant to which owners of real property may obtain funding for energy_conservation
and efficiency, renewable energy and wind resistance improvements (as referred to-therein-, the
"Qualifying Improvements"), and repay such funding through voluntary special assessments,-
sometimes referred to as non-ad valorem assessments,levied upon the improved-property pursuant
to financing agreements between the owner thereof and the local government;and
WHEREAS, pursuant to the PACE Act, local governments may entej into a partnetship
with other local governments for the purpose of providing and financing Qualifying-
Improvements, and a PACE program may be administered by a third party at the discretion.of the
local government; 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,on August 6,2012,the Town of Cutler Bay,Village of Palmetto Bay,Village
of Pinecrest,City of South Miami,Miami Shores Village,City of Coral Gables,and City of Miami,
entered into an interlocal agreement, which is recorded in the Official Records of Miami-Dade
County at Book 28217 Pages 0312-333, creating a separate legal entity known as the Green
Corridor Property Assessment Clean Energy(PACE) District(the "District"); and
WHEREAS,given the wide spread energy and economic benefits of PACE programs,the
City Council desires for the City of Zephyrhills to join the District as a non-voting member by
entering into a Membership Agreement, in substantially the form attached hereto as Exhibit"A,"
("Membership Agreement") in order for property owners within the City of Zephyrhills to obtain
from the District the upfront financing for Qualifying Improvements; and
WHEREAS,the City Council deems it in the best interest of the citizens and residents of
the City of Zephyrhills, Florida to adopt this Resolution.
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF ZEPHYRHILLS,FLORIDA AS FOLLOWS:
Section 1. Recitals. The foregoing recitals are incorporated in this Resolution as
though fully set forth herein and are approved and adopted.
Section 2. Creation of PACE Program. The City Council hereby creates a PACE
Program pursuant to Section 163.08, Florida Statutes, for the purpose of providing upfront
financing to property owners for Qualifying Improvements.
Section 3. Approval of Membership Agreement. The City Council hereby approves
of the Membership Agreement with the District, in substantially the form attached hereto as
Exhibit"A."
Section 4. Authorization. The City Council hereby authorizes the Council President
to execute the Membership Agreement with the District, in substantially the form attached hereto
as Exhibit"A," subject to approval by the City Attorney as to form and legality.
Section 5. Directions to Clerk. The City Clerk is directed to send a certified copy of
this Resolution to the District's Manager at Governmental Management Services— South Florida,
LLC, 5385 N. Nob Hill Road, Sunrise, Florida 33351 within ten (10) days of adoption.
Section 6. Effective Date. This Resolution shall be effective immediately upon
adoption.
PASSED and ADOPTED this 10th day of July, 2017.
W. Alan Knight, ouncil President
Attest:
Lori L.Hillman,:City Clerk
Approved as to form and legality:
/Y /4/ 7 I
Matthew E. Maggar , 'ty Attorney
Moved By: L
Seconded By: 1' z*
Final Vote at Adoption:
Councilmember Burgess ✓
Councilmember Compton ✓
Councilmember Knight
Councilmember Proctor
Councilmember Smith ,/