HomeMy WebLinkAboutResolution_24-12_09/13/2012 RESOLUTION NO. 24-12
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, EXPRESSING THE VILLAGE COUNCIL'S
SUPPORT AND INTENTION TO CREATE WITHIN THE VILLAGE, THE
"FLORIDA GREEN ENERGY WORKS PROGRAM" A VOLUNTARY
PROGRAM PROVIDING INTERESTED PROPERTY OWNERS WITH THE
OPPORTUNITY TO FINANCE ENERGY EFFICIENCY IMPROVEMENTS
ON THEIR PROPERTY BY REPAYMENT THROUGH NON -AD VALOREM
ASSESSMENTS ON THEIR PROPERTY TAX BILL; AUTHORIZING THE
MAYOR OF TEQUESTA TO EXECUTE AN INTERLOCAL AGREEMENT
WITH THE FLORIDA GREEN FINANCE AUTHORITY FOR
ADMINISTRATION OF THE FLORIDA GREEN ENERGY WORKS
PROGRAM IN THE VILLAGE OF TEQUESTA; PROVIDING AN
EFFECTIVE DATE; AND FOR OTHER PURPOSES.
WHEREAS, home and business energy consumption accounts for a large portion of the
overall usage of energy in a community; and
WHEREAS, there is a vast quantity of existing structures with many years of remaining
life before replacement, and these structures are not as energy efficient as today's standards, nor
do many existing buildings have renewable energy systems installed to provide some or all of
their electric energy needs and many buildings are in need of improvements to protect them
against damage from storm events; and
WHEREAS, installing energy efficiency, renewable energy and wind resistance
improvements on existing structures can provide significant progress towards increased energy
conservation and protection of properties in the Village and statewide; and
WHEREAS, the upfront costs of these improvements are a hurdle to installing them and
existing financing options may be insufficient for property owners to access cost - effective
financing for energy - saving or wind- resistance property improvements due to requirements
associated with traditional debt or equity financing options; and
WHEREAS, the expected life of energy efficiency, renewable energy or wind resistance
projects may require a longer term payback period than offered by traditional financing, which
may necessitate alternative options to fund installation of the improvements; and
WHEREAS, local governments within Florida and nationally have either formed, or are
contemplating the formation of, programs to provide alternative financing options allowing a
property owner to voluntarily finance energy efficiency and renewable energy improvements
through non -ad valorem assessments repaid through their property taxes; and
WHEREAS, the State of Florida has declared it the public policy of the State'to develop
energy management programs aimed at promoting energy conservation and protecting properties
from wind damage; and
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WHEREAS, the financing provided to these participating property owners will be repaid
though non -ad valorem assessments levied on their property tax bills and only those property
owners who want to participate will be levied the assessments; and
WHEREAS, the benefits of these energy financing programs include improved air
quality, lowered fossil fuels use, creating energy independence and security, promoting the
creation of jobs and economic development by stimulating "green industries" and saving citizens
money by reducing energy consumption; and
WHEREAS, Section 163.08, F.S. authorizes local governments in Florida to either form
individually, or in partnership with other local governments, programs to allow property owners
to voluntarily finance energy efficiency, renewable energy or wind resistance improvements; and
WHEREAS, the Town of Lantana has formed the Florida Green Energy Works program
which is an energy financing program created pursuant to Section 163.08, F.S.; and
WHEREAS, the Florida Green Finance Authority has been created as a special district to
administer the Florida Green Energy Works program, and local governments are able to join the
Authority via interlocal agreement in order to eliminate the costs and reduce the efforts to form
an energy financing program individually; and
WHEREAS, the Florida Green Finance Authority has already created the financing, levy
and collection process to implement the Florida Green Energy Works program through the local
government partners; and
WHEREAS, the Florida Green Energy Works program will provide significant benefits
including property owner cost savings, enhancing property values, economic development and
job opportunities and the Village of Tequesta believes that it is in the best interests of the health,
safety and welfare of its citizens to participate in the program and authorize the Mayor of
Tequesta to execute the Interlocal Agreement and thereby expand the Florida Green Finance
Authority and the Florida Green Energy Works program into the Village of Tequesta.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, FLORIDA, THAT:
Section 1: The above declarations are true and accurate, and are incorporated herein.
Section 2: The Village of Tequesta, a municipal corporation, hereby authorizes
participation in the Florida Green Finance Authority to implement the Florida Green Energy
Works program in the Village of Tequesta.
Section 3: The Village Council hereby authorizes the Mayor of Tequesta to execute the
Interlocal Agreement and thereby expand the Florida Green Finance Authority and the Florida
Green Energy Works program into the Village of Tequesta.
Section 4: This Resolution shall take effect immediately upon adoption.
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The foregoing Resolution was offered by Council Member D'Ambra who moved its adoption.
The motion was seconded by Vice -Mayor Arena and upon being put to a vote, the vote was as
follows:
For Adoption Against Adoption
Mayor Tom Paterno X
Vice -Mayor Vince Arena X
Council Member Abby Brennan X
Council Member Frank D'Ambra X
Council Member Steve Okun X
The Mayor thereupon declared the Resolution duly passed and adopted this 13 day of
September, 2012.
MAYOR OF TEQUESTA
Tom Patel
ATTEST:
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Lori McWilliams, MMC _ Ppg
Village Clerk
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