HomeMy WebLinkAboutResolutions - No. 2011-133RESOLUTION NO. 2011-133
A RESOLUTION OF THE LODI CITY COUNCIL IN SUPPORT OF
THE PROPERTY ASSESSED CLEAN ENERGY (PACE)
ASSESSMENT PROTECTION ACT OF 2011
WHEREAS, utility bills represent a major cost for home and business owners; and
WHEREAS, persistent unemployment, particularly in the construction industry,
continues to burden our families and communities; and
WHEREAS, reliance on foreign energy sources continues to threaten America's
economic recovery; and
WHEREAS, investing in cost-effective energy efficiency and renewable energy
improvements to homes and businesses can cut utility bills, create thousands of local jobs,
and reduce reliance on foreign energy sources; and
WHEREAS, the upfront cost and potentially long payback periods prevent property
owners from making otherwise cost-effective clean energy improvements; and
WHEREAS, Property Assessed Clean Energy (PACE) financing programs are an
innovative, voluntary local government solution that requires no general taxes or public
funding to help property owners finance energy efficiency and renewable energy
improvements — such as energy efficient boilers, upgraded insulation, new windows, solar
installations, etc., to their homes and businesses; and
WHEREAS, twenty-seven states and the District of Columbia have passed laws
enabling local governments to develop PACE programs; and
WHEREAS, despite PACE's great promise, the Federal Housing Finance Agency
and the Office of the Comptroller of the Currency on July 6, 2010, issued unwarranted
statements that immediately forced certain existing PACE programs to halt operations and
froze the development of hundreds of other PACE programs nationwide.
NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council urges
Representative Jerry McNerney to support the PACE Assessment Protection Act of 2011
(H.R. 2599) to restore the promise of PACE.
Dated: August 17, 2011
......................................................................
I hereby certify that Resolution No. 2011-133 was passed and adopted by the Lodi
City Council in a regular meeting held August 17, 2011, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN
COUNCIL MEMBERS — Hansen, Katzakian, Mounce, Nakanishi, and
Mayor Johnson
COUNCIL MEMBERS —None
COUNCIL MEMBERS —None
COUNCIL MEMBERS — None
2011-133
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Q1-- RANDIJOHL
City Clerk