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Commissioners approve two CPACE assessment contracts for downtown projects
Summary
Oklahoma County commissioners approved two Commercial Property-Assessed Clean Energy (CPACE) assessment contracts: a $3.271 million PACE loan for a new Guernsey Engineering headquarters and an assessment for a Stowe's office site conversion to apartments.
County staff presented two assessment contracts under the county's CPACE (Commercial Property-Assessed Clean Energy) program and the commissioners voted to approve both.
Keith, a purchasing-office staff member, told commissioners the first applicant, identified as Hard to Find LLC, is redeveloping the corner of Northwest 13th Street and Broadway into a new Guernsey Engineering headquarters. He said the total project is about…
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