Committee reviews PACE program proposal; public hearing planned
Community Development Director Dan Fette presented a resolution to create a PACE district and program to finance energy and environmental improvements for commercial and industrial properties, telling the committee 'There is zero risk to the County.' The Treasurer reported positive feedback from other counties and the resolution will go to the Financial Services Committee on Aug. 13 for a public hearing.
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Dan Fette presented Resolution F2608289 proposing the establishment of a Property Assessed Clean Energy (PACE) district and program to enable financing of energy- and environment-related improvements on commercial and industrial properties. Fette described the program as structured to allow property owners to fund improvements through assessments and said the county was approached about participating in April.
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