HomeMy WebLinkAboutResolutions - 2014.07.16 - 21412erson, I move)th$ doption of the fojegoing Resolution.
ave Woodward, District #19
Miscellaneous Resolution # 14169
BY: Commissioner Dave Woodward, District #19 -I- Coviimis,t Aer- Gary 14 a- b141-1‘)- 20
RE: BOARD OF COMMISSIONERS - INITIATE PROPERTY ASSESSEb CLEAN ENERGY
(PACE) PROGRAM COUNTYWIDE TO ASSIST OAKLAND COUNTY BUSINESSES AND
GREEN INVESTMENT
TO: Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS Property Assessed Clean Energy (PACE) is a program designed to allow property owners
to install small-scale renewable energy systems and make energy efficiency improvements to their
buildings and pay for the cost over its functional life through an on-going assessment on property tax
bills.; and
WHEREAS PACE is a voluntary program that addresses two barriers to adoption for clean energy and
energy efficiency installations -the high up-front cost and the possibility that those costs will not be
recovered if the property is sold; and
WHEREAS PACE assessments do not create a burden on taxpayers because they are only paid by
participating owners for their own projects; and
WHEREAS A 2012 study by the Rockefeller Foundation outlined an investment opportunity of nearly
$280 billion over the next 10 years that would translate to over $1 trillion in energy savings, over 3
million jobs, and 600 million fewer metric tons of carbon emissions per year; and
WHEREAS Michigan has enacted PACE enabling legislation and PACE programs have launched; and
WHEREAS Huron, Ingham, Macomb, Saginaw, and Wayne Counties as well as the Cities of Rochester
Hills, Southfield and Ann Arbor have all moved forward with PACE for commercial property owners; and
WHEREAS the governments in Michigan to date forming PACE districts, excluding Ann Arbor, have
joined a cooperative organization called Lean and Green Michigan to access low interest financing; and
WHEREAS Oakland County should always be leader in programs that promote economic development
and environmental stewardship; and
WHEREAS a PACE program would be a wise supplement to the county's existing OakGreen program
that provides incentives for organizations to reduce their energy consumption by 10%; and
WHEREAS the lack of a countywide PACE district is depriving many companies of a valuable tool to
save on energy costs and access low interest financing; and
WHEREAS a PACE program could be created at little or no cost to county taxpayers.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners requests
that the Economic Development and Community Affairs Department enter into discussion with Lean
and Green Michigan to explore the creation of a countywide Property Assessed Clean Energy (PACE)
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Resolution *14169 July 16, 2014
The Chairperson referred the resolution to the Planning and Building Committee. There were no
objections.