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12
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2018
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011618
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1/11/2018 12:12:25 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/16/2018
DESTRUCT DATE
15Y
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ATTACHMENT # 1A <br /> CSCDA OPEN PACE <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> CONSENTING TO THE INCLUSION OF PROPERTIES WITHIN THE TERRITORY OF <br /> THE CITY OF PLEASANTON IN THE CSCDA OPEN PACE PROGRAMS; <br /> AUTHORIZING THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT <br /> AUTHORITY TO ACCEPT APPLICATIONS FROM PROPERTY OWNERS, CONDUCT <br /> CONTRACTUAL ASSESSMENT PROCEEDINGS AND LEVY CONTRACTUAL <br /> ASSESSMENTS WITHIN THE TERRITORY OF THE CITY OF PLEASANTON; AND <br /> AUTHORIZING RELATED ACTIONS <br /> WHEREAS, the California Statewide Communities Development Authority (the <br /> "Authority") is a joint exercise of powers authority, the members of which include numerous <br /> cities and counties in the State of California, including the City of Pleasanton (the "City"); and <br /> WHEREAS, the Authority is implementing Property Assessed Clean Energy (PACE) <br /> programs, which it has designated CSCDA Open PACE, consisting of CSCDA Open PACE <br /> programs each administered by a separate program administrator (collectively with any <br /> successors, assigns, replacements or additions, the "Programs"), to allow the financing or <br /> refinancing of renewable energy, energy efficiency, water efficiency and seismic strengthening <br /> improvements, electric vehicle charging infrastructure and such other improvements, <br /> infrastructure or other work as may be authorized by law from time to time (collectively, the <br /> "Improvements") through the levy of contractual assessments pursuant to Chapter 29 of Division <br /> 7 of the Streets & Highways Code ("Chapter 29") within counties and cities throughout the State <br /> of California that consent to the inclusion of properties within their respective territories in the <br /> Programs and the issuance of bonds from time to time; and <br /> • <br /> WHEREAS, the program administrators currently active in administering Programs are <br /> the AllianceNRG Program (CounterPointe Energy Solutions (CA) LLC), PACE Funding Group <br /> LLC, CaliforniaFirst (Renew Financial Group LLC), CleanFund Commercial PACE Capital and <br /> Spruce Finance and the Authority will notify the [County/City] in advance of any additions or <br /> changes; and <br /> WHEREAS, Chapter 29 provides that assessments may be levied under its provisions <br /> only with the free and willing consent of the owner or owners of each lot or parcel on which an <br /> assessment is levied at the time the assessment is levied; and <br /> WHEREAS, the City desires to allow the owners of property ("Participating Property <br /> Owners") within its territory to participate in the Programs and to allow the Authority to conduct <br /> assessment proceedings under Chapter 29 within its territory and to issue bonds to finance or <br /> refinance Improvements; and <br /> WHEREAS, the territory within which assessments may be levied for the Programs shall <br /> include all of the territory within the City's official boundaries; and <br /> WHEREAS, the Authority will conduct all assessment proceedings under Chapter 29 for <br /> the Programs and issue any bonds issued in connection with the Programs; and <br /> WHEREAS, the City will not be responsible for the conduct of any assessment <br /> proceedings; the levy of assessments; any required remedial action hi the case of delinquencies <br />
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