TITLE
Recommendation to request City Manager and City Attorney to prepare a report on the state of residential Property Assessed Clean Energy (PACE) programs in California, including impacts of recent state legislation and existing programs in Long Beach, to be brought back within 45 days;
Request City Manager and City Attorney to review and bring back for potential adoption within 45 days a resolution consenting to the Inclusion of Properties within the City's Incorporated Area in Golden State Finance Authority (GSFA) Community Facilities District No. 2014-1 (Clean Energy) to Finance Renewable Energy Generation, Energy Efficiency, Water Conservation and Electric Vehicle Charging Infrastructure and Other Authorized Improvements; and
Request City Manager and City Attorney to review and bring back for potential adoption within 45 days a resolution consenting to inclusion of Residential Properties within the City's Incorporated Area in the GSFA PACE Program to Finance Renewable Energy Generation, Energy and Water Efficiency Improvements, Electric Vehicle Charging Infrastructure, and Other Authorized Improvements.
DISCUSSION
BACKGROUND
On April 5, 2016, the Long Beach City Council approved a resolution consenting to the inclusion of commercial, industrial, and agricultural properties within the City's jurisdiction in the California Home Finance Authority (CHF) Community Facilities District No. 2014-1 (Clean Energy) to finance renewable energy improvements, energy efficiency and water conservation improvements, and electrical vehicle charging infrastructure, and approving related Associate Membership in the Joint Exercise of Powers Authority (JPA).
The Council also approved a resolution consenting to inclusion of commercial, industrial and agricultural properties within the City's jurisdiction in the CHF Property Assessed Clean Energy Program (PACE) to finance renewable energy generation energy and water efficiency improvements and electrical vehicle charging ...
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