Agenda Item Title:
Title
Council Member Robinson recommending the City Council receive a presentation on Utah C-PACE and direct the City Attorney to review and prepare the Participation Agreement for Council adoption.
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Presenter:
Council Member Robinson and Shawna Cuan, Governor's Office of Energy Development
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Description/Background:
The Council originally received this presentation on April 2nd, and requested a more in depth discussion at a later date.
C-PACE is Commercial Property Assessed Clean Energy. C-PACE is a program of the Governor's Office of Energy Development to help finance energy improvements on new or existing commercial buildings. A slide presentation, informational sheets, and a Participation Agreement are attached to this item.
Fiscal Impact:
There is no fiscal impact associated with this item.
Further action to be taken:
The City Attorney will review the Participation Agreement and work with the Governor's Office and staff to prepare it for adoption.
Recommended Action and/or Suggested Motion:
Recommendation
Motion to direct the City Attorney to review and prepare the C-PACE Participation Agreement for Council adoption.