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HomeMy WebLinkAbout070-2016RESOLUTION NO. 70-2016 CONSENTING TO THE INCLUSION OF PROPERTIES WITHIN THE TOWN'S JURISDICTION IN THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CSCDA) OPEN PACE PROGRAM WHEREAS, WHEREAS, the California Statewide Communities Development Authority (the "Authority") is a joint exercise of powers authority, the members of which include numerous cities and counties in the State of California, including the Town of Danville; and WHEREAS, the Authority is implementing Property Assessed Clean Energy (PACE) programs, which it has designated CSCDA Open PACE, consisting of CSCDA Open PACE programs each administered by a separate program administrator (collectively with any successors, assigns, replacements or additions, the "Programs"), to allow the financing or refinancing of renewable energy, energy efficiency, water efficiency and seismic strengthening improvements, electric vehicle charging infrastructure and such other improvements, infrastructure or other work as may be authorized by law from time to time (collectively, the "Improvements") through the levy of contractual assessments pursuant to Chapter 29 of Division 7 of the Streets & Highways Code ("Chapter 29") within counties and cities throughout the State of California that consent to the inclusion of properties within their respective territories in the Programs and the issuance of bonds from time to time; and WHEREAS, the program administrators currently active in administering Programs are the AllianceNRG Program (presently consisting of Deutsche Bank Securities Inc., CounterPointe Energy Solutions LLC and Leidos Engineering, LLC), PACE Funding LLC, Spruce and Renewable Funding LLC, and the Authority will notify the [County/City] in advance of any additions or changes; and WHEREAS, Chapter 29 provides that assessments may be levied under its provisions only with the free and willing consent of the owner or owners of each lot or parcel on which an assessment is levied at the time the assessment is levied; and WHEREAS, the Town of Danville desires to allow the owners of property ("Participating Property Owners") within its territory to participate in the Programs and to allow the Authority to conduct assessment proceedings under Chapter 29 within its territory and to issue bonds to finance or refinance Improvements; and WHEREAS, the territory within which assessments may be levied for the Programs shall include all of the territory within the Town of Danville's official boundaries; and WHEREAS, the Authority will conduct all assessment proceedings under Chapter 29 for the Programs and issue any bonds issued in connection with the Programs; and WHEREAS, that the Town of Danville will not be responsible for the conduct of any assessment proceedings; the levy of assessments; any required remedial action in the case of delinquencies in such assessment payments; or the issuance, sale or administration of any bonds issued in connection with the Programs; now, therefore, be it RESOLVED, the Danville Town Council hereby finds and declares that properties in the territory of the Town of Danville will benefit from the availability of the Programs within the territory of the Town of Danville and, pursuant thereto, the conduct of special assessment proceedings by the Authority pursuant to Chapter 29 and the issuance of bonds to finance or refinance Improvements; and, be it further RESOLVED, in connection with the Programs, the Town of Danville hereby consents to the conduct of special assessment proceedings by the Authority pursuant to Chapter 29 on any property within the territory of the Town of Danville and the issuance of bonds to finance or refinance Improvements; provided, that (1) The Participating Property Owners, who shall be the legal owners of such property, execute a contract pursuant to Chapter 29 and comply with other applicable provisions of California law in order to accomplish the valid levy of assessments; and (2) The Town of Danville will not be responsible for the conduct of any assessment proceedings; the levy of assessments; any required remedial action in the case of delinquencies in such assessment payments; or the issuance, sale or administration of any bonds issued in connection with the Programs; and, be it further RESOLVED, that the appropriate officials and staff of the Town of Danville are hereby authorized and directed to make applications for the Programs available to all property owners who wish to finance or refinance Improvements; provided, that the Authority shall be responsible for providing such applications and related materials at its own expense. The following staff persons, together with any other staff persons chosen by the Town Manager of the Town of Danville from time to time, are hereby designated as the contact persons for the Authority in connection with the Programs: City Attorney and Assistant to the Town Manager; and, be it further RESOLVED, the appropriate officials and staff of the Town of Danville are hereby authorized and directed to execute and deliver such certificates, requisitions, agreements PAGE 2 OF RESOLUTION NO. 70-2016 and related documents as are reasonably required by the Authority to implement the Programs; and further be it RESOLVED, that the Town of Danville hereby finds that adoption of this Resolution is not a "project" under the California Environmental Quality Act, because the Resolution does not involve any commitment to a specific project which may result in a potentially significant physical impact on the environment, as contemplated by Title 14, California Code of Regulations, Section 15378(b)(4); and, be it further RESOLVED, that this Resolution shall take effect immediately upon its adoption. The Town of Danville City Clerk is hereby authorized and directed to transmit a certified copy of this resolution to the Secretary of the Authority at: Secretary of the Board, California Statewide Communities Development Authority, 1400 K Street, Sacramento, CA 95814. APPROVED by the Danville Town Council at a regular meeting on July 5, 2016 by the following vote: AYES: NOES: ABSTAINED: ABSENT: Arnerich, Doyle, Morgan, Stepper, Storer None None None APPROVED AS TO FORM: CITY ATTORNEY TTEST: CITY CLERK PAGE 3 OF RESOLUTION NO. 70-2016 I, Marie Sunseri, City Clerk of the Town of Danville, hereby certify that this is a true and correct copy of Town Council Resolution No. 70-2016 Marie Sunseri, City Clerk