17-1421 Creating PACE and Joining the Florida Resiliency and Energy District Property Assessed Clean Energy ProgramRESOLUTION NO. 17-1421
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF LONGWOOD, FLORIDA, CREATING A
PROPERTY ASSESSED CLEAN ENERGY PROGRAM AND
JOINING THE FLORIDA RESILIENCY AND ENERGY
DISTRICT PROPERTY ASSESSED CLEAN ENERGY
(PACE) PROGRAM IN ACCORDANCE WITH SECTION
163.08, FLORIDA STATUTES; APPROVING A LIMITED
PURPOSE PARTY MEMBERSHIP AGREEMENT AND ITS
INCORPORATED INTERLOCAL AGREEMENT, AS
AMENDED, PURSUANT TO SECTION 163.01, FLORIDA
STATUTES; AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, in 2010, the Florida Legislature adopted HB 7179 (Section 163.08,
F.S.)(the `Bill"), 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), wind resistance (i.e. impact resistant windows) and other improvements that are
not inconsistent with state law (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, the Bill 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, the City Commission hereby desires to create a PACE program pursuant to
Section 163.08, Florida Statutes, for the purpose of providing upfront financing to property
owners for Qualifying Improvements; and
WHEREAS, given the wide spread energy and economic benefits of PACE programs,
the City Commission desires to join the Florida Resiliency and Energy District PACE Program
in order to provide the upfront financing to property owners for Qualifying Improvements and to
enter into an interlocal agreement with the Florida Resiliency and Energy District for the purpose
of financing such improvements; and
WHEREAS, the City Commission finds that this Resolution is in the best interest and
welfare of the residents of the City of Longwood
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF LONGWOOD, FLORIDA, AS FOLLOWS:
Resolution No. 17-1421
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Section 1. Recitals. The above recitals are true and correct and are incorporated
herein by this reference.
Section 2. Creation of non-exclusive PACE Proaram/Apuroval of Limited
Purpose Party Membership Agreement. The City Commission hereby creates a PACE
Program pursuant to Section 163.08, Florida and approves the Limited Purpose Party
Membership Agreement (as defined herein), for the purpose of providing upfront financing to
property owners within the City for Qualifying Improvements. The City Commission hereby
approves the Limited Purpose Party Membership Agreement between the Florida Resiliency and
Energy District (the "District") and the City of Longwood attached hereto (the "Party
Membership Agreement"), which in part provides for the City of Longwood's consent to join as
a member of the District pursuant to the terms and conditions of the Limited Purpose Party
Membership Agreement and the Interlocal Agreement, as defined within said Limited Purpose
Party Membership Agreement. The Mayor and City Clerk are hereby authorized to execute the
Limited Purpose Party Membership Agreement on behalf of the City of Longwood.
Section 3. Effective Date. This Resolution shall take effect immediately upon
adoption.
PASSED and ADOPTED this 20" day of FEBRUARY, 2017.
A st: i"?
c elle fefgo, City Clerk
CITY OF LONGWOOD, FLORIDA
#qs o, Mayor
Approved as to form and legality for the use and reliance of the City of Longwood, Florida, only.
Daniel W. Lael le , WAWSey
Resolution No. 17-1421
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