Title
RESOLUTION NO. 2015-115 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE PROPERTY ASSESSED CLEAN ENERGY (PACE) PROGRAM GUIDELINES TO HELP GUIDE EXPANSION OF PACE PROGRAM OFFERINGS AVAILABLE TO CHULA VISTA PROPERTY-OWNERS
Body
RECOMMENDED ACTION
Recommended Action
Council adopt the resolution.
Body
SUMMARY
As part of its Climate Action Plan implementation, the City has pursued the establishment of Property Assessed Clean Energy (PACE) programs to provide property-owners with a novel financing tool for energy efficiency, water conservation, and renewable energy improvements. Currently, Chula Vista property-owners can choose between two different PACE programs: the local Clean Energy Chula Vista program (administered by Ygrene Energy Fund) and the statewide CaliforniaFIRST program (administered by the California Statewide Community Development Authority & Renewable Funding). The City is considering allowing more PACE program offerings in order to provide property-owners with more choice, potentially create more competitive rates in the market, and maximize the number of completed energy and water efficiency retrofits in the community. As such, the City has created minimum program and underwriting guidelines to help guide expansion of PACE program offerings and to ensure high levels of program accountability and consumer protection.
ENVIRONMENTAL REVIEW
The Development Services Director has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a "Project" as defined under Section 15378 of the State CEQA Guidelines; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines the activity is not subject to CEQA. Thus, no environmental review is necessary.
BOARD/COMMISSION RECOMMENDATION
At their October 13th meeting, the Resource Conservation Commission recommended that the City Council expand Property Assessed Clean Ene...
Click here for full text