HomeMy WebLinkAbout14-155 - ADMIN Resolution - City Council - 2014/11/17RESOLUTION NO. 14-155
RESOLUTION DESIGNATING THE PORT AUTHORITY TO
IMPLEMENT AND ADMINISTER A PROJECT ASSESSED
CLEAN ENERGY IMPROVEMENT FINANCING ON BEHALF OF THE CITY,
AND PROVIDING FOR THE IMPOSITION OF SPECIAL ASSESSMENTS
AS NEEDED IN CONNECTION WITH THAT PROGRAM
WHEREAS, The Port Authority of the City of Saint Paul (the "Port
Authority") has established the Property Assessed Clean Energy Program ("PACE OF MN")
to finance the acquisition and construction or installation of energy efficiency and conservation
improvements (the "Improvements"), on properties located throughout the State of Minnesota
through the use of special assessments pursuant to Minnesota Statutes Sections 216C.435 and
216C.436 and Chapter 429 (the "Act").
WHEREAS, the Act authonzes the City to designate an authority other than the City to
implement the program under the Act on behalf of the City; and
WHEREAS, the Port Authonty has created a program under the Act knows as the
Property Assessed Clean Energy Program ("MN PACE") for purposes of implementing and
administenng the activities described in the Act, and the Port Authonty as the implement and
administer that program on behalf of the City; and
WHEREAS, the City and the Port Authority desire to enter into a written Joint Powers
Agreement pursuant to Minnesota Statues section 471.59 subd. 1, whereby the City will
designate the Port Authority as the implementing entity to implement and administer the MN
PACE program 'on behalf of the City to finance the Improvements.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St.
L• is Park, Minnesota, that the execution of the Joint Powers Agreement by and between the
ity : nd the Port Authority is hereby approved and that the Port Authority is hereby designated
s the plementing entity to implement and administer the MN PACE program on behalf of the
City.
Revie
r Administration:
City M
Attest:
City Clerk
Adopte
__d by th
ity Council November 17, 2014
Mayor /
r