Resolution 2017-08RESOLUTION NO. 2017 -08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY,
CALIFORNIA, CONSENTING TO INCLUSION OF PROPERTIES
WITHIN THE CITY AND COUNTY'S JURISDICTION IN THE GOLDEN
STATE FINANCE AUTHORITY PACE PROGRAM TO FINANCE
RENEWABLE ENERGY GENERATION, ENERGY AND WATER
EFFICIENCY IMPROVEMENTS, ELECTRIC VEHICLE CHARGING
INFRASTRUCTURE, AND OTHER AUTHORIZED IMPROVEMENTS
WHEREAS, the Golden State Finance Authority ( "Authority ") is a joint exercise of
powers authority established pursuant to Chapter 5 of Division 7, Title 1 of the Government
Code of the State of California (Section 6500 and following) (the "Act ") and the Joint Power
Agreement entered into on July 1, 1993, as amended from time to time (the "Authority JPA ");
and
WHEREAS, the Authority has amended the Authority JPA to formally change its name
from California Home Finance Authority to Golden State Finance Authority; and
WHEREAS, Authority has established a property- assessed clean energy ( "PACE ")
Program (the "Authority PACE Program ") to provide for the financing of renewable energy
generation, energy and water efficiency improvements, electric vehicle charging infrastructure,
and such other improvements as may be authorized by law from time to time (the
"Improvements ") pursuant to Chapter 29 of the Improvement Bond Act of 1911, being Division
7 of the California Streets and Highways Code ( "Chapter 29 ") within counties and cities
throughout the State of California that elect to participate in such program; and
WHEREAS, the City of Gilroy (the "City ") is committed to development of renewable
energy generation and energy and water efficiency improvements, reduction of greenhouse
gases, and protection of the environment; and
WHEREAS, in Chapter 29, the Legislature has authorized cities and counties to assist
property owners in financing the cost of installing Improvements through a voluntary contractual
assessment program; and
WHEREAS, installation of such Improvements by property owners within the
jurisdictional boundaries of the counties and cities that are participating in the Authority PACE
Program would promote the purposes cited above; and
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WHEREAS, the City wishes to provide innovative solutions to its property owners to
achieve energy and water efficiency, and in doing so cooperate with Authority in order to
efficiently and economically assist property owners within the territory of the City in financing
such Improvements; and
WHEREAS, Authority has established the Authority PACE Program, which is such a
voluntary contractual assessment program, as permitted by the Act and the Authority JPA
originally made and entered into July 1, 1993, as amended to date; the City is an Associate
Member of the JPA and desires to participate in the Authority PACE Program and to assist
property owners within the territory of the City in financing the cost of installing Improvements;
and
WHEREAS, the City will not be responsible for the conduct of any assessment
proceedings; the levy and collection of assessments or any required remedial action in the case of
delinquencies in the payment of any assessments or the issuance, sale or administration of any
bonds issued in connection with the Authority PACE Program.
NOW, THEREFORE, BE IT RESOLVED THAT:
I. This City Council finds and declares that properties in the City's territory will be
benefited by the availability of the Authority PACE Program to finance the installation of the
Improvements.
2. This City Council consents to inclusion in the Authority PACE Program of all of
the properties in the territory within the City and to the Improvements, upon the request by and
voluntary agreement of owners of such properties, in compliance with the laws, rules and
regulations applicable to such program; and to the assumption of jurisdiction thereover by
Authority for the purposes thereof.
3. The consent of this City Council constitutes assent to the assumption of
jurisdiction by Authority for all purposes of the Authority PACE Program and authorizes
Authority, upon satisfaction of the conditions imposed in this resolution, to take each and every
step required for or suitable for financing the Improvements; provided, however, that the City
shall assist in the levying, collecting and enforcement of the contractual assessments and the
issuance and enforcement of bonds to finance the Improvements.
4. This City Council hereby approves joining the JPA as an Associate Member and
authorizes the execution by appropriate City officials of any necessary documents to effectuate
such membership.
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5. City staff is authorized to coordinate with Authority staff to facilitate operation of
the Authority PACE Program within the City, and report back periodically to this Board of
Supervisors on the success of such program.
6. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED this 27"' day of February, 2017 by the following roll call vote:
AYES: COUNCILMEMBERS: BRACCO, HARNEY, KLOECKER, LEROE-
MUNOZ, TOVAR, TUCKER and VELASCO
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ATTEST:
Shawna Freels, City Clerk
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Rol,Yna Velasco, Mayor
I, SHAWNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the
attached Resolution No. 2017 -08 an original resolution, or true and correct copy of a city
Resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said
Council held on the 27`h day of February, 2017, at which meeting a quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of
the City of Gilroy this ?%7 day of February, 2017.
Shawna Freels, "C
City Clerk of the City of Gilroy
(Seal)