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County to consider PACE assessment request for Woodland Property; assessment would be paid via property tax special assessment
Summary
A PACE (Property Assessed Clean Energy) application from Woodland Property LLP seeks county approval to place a special assessment of about $62,000 on the property to finance energy-efficiency improvements; the county does not front financing and the St. Paul Port Authority administers the program.
County staff presented an application and draft resolution to allow a Property Assessed Clean Energy (PACE) assessment for Woodland Property LLP. The application is being advanced through the Minnesota PACE program, which the county agreed to facilitate under a 2016 joint-powers agreement.
County staff explained PACE allows commercial property owners to finance energy-efficiency upgrades with 100%…
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