DATE: August 23, 2016
TO: Board of Supervisors
SUBMITTED BY: Jean M. Rousseau, County Administrative Officer
SUBJECT: Property Assessed Clean Energy Program - California Municipal Finance Authority
RECOMMENDED ACTION(S):
TITLE
1. Adopt Resolution consenting to Inclusion of Properties within the County's Unincorporated Territory in California Municipal Finance Authority Open Property Assessed Clean Energy Programs to Finance Renewable Energy Generation, Energy Efficiency, Water Conservation, Seismic Improvements, and Electric Vehicle Charging Infrastructure Improvements and Consenting to the California Municipal Finance Authority's Levy of Voluntary Contractual Assessments to Secure Repayment of Such Financing, subject to the execution of the Agreement in Recommended Action 2.
2. Approve and authorize the Chairman to execute Agreement for the Collection of Special Assessments with the California Municipal Finance Authority for the reimbursement of costs to the Auditor-Controller/Treasurer-Tax Collector's office for placement of the California Municipal Finance Authority Property Assessed Clean Energy program voluntary contractual assessments on current secured property tax bills. This agreement is effective upon execution and renews automatically for each fiscal year unless either party gives written notice of nonrenewal.
3. Authorize the County Administrative Officer or his designee(s) to execute, subject to the approval of County Counsel and the Auditor-Controller/Treasurer-Tax Collector, any subsequent documents necessary to implement the actions above.
REPORT
The recommended actions will allow the California Municipal Finance Authority (CMFA) to offer a Property Assessed Clean Energy (PACE) program to property owners within the unincorporated areas of Fresno County. This program is non-exclusive and is similar to other programs offered and have been previously approved by the Board.
ALTERNATIVE ACTION(S):
The Board may deny the request of CMFA with ...
Click here for full text