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Council approves participation in C‑PACE financing program
Summary
The council unanimously authorized Chattahoochee Hills to participate in the C‑PACE funding mechanism via NF Capital and approved a related IGA with the Fulton County Development Authority to enable C‑PACE assessments.
Council approved Item 26‑046 for the city to participate in the commercial Property Assessed Clean Energy (C‑PACE) financing mechanism through NF Capital. Councilmember Rodney Peek moved to approve the participation; Councilmember Angela Addison seconded and the motion passed unanimously.
At the same meeting the council also approved an intergovernmental agreement (Item 26‑047) with the Fulton County Development Authority to facilitate assessments tied to C‑PACE bonds. Councilmember Addison moved the IGA and Councilmember Peek seconded; the motion passed unanimously. City staff framed the actions as administrative steps to allow property owners to access C‑PACE financing for energy and resilience projects.
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