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HomeMy WebLinkAbout3/4/2009 - STAFF REPORTS - 2.K. Ic S O v d °at'FoRN�P. City Council Staff Re ort DATE: March 4, 2009 CONSENT CALENDAR SUBJECT: APPROVAL OF RESOLUTION NO. DECLARING THE CITY OF PALM SPRINGS' INTENTION TO FINANCE ENERGY EFFICIENCY IMPROVEMENTS TO RESIDENCES WITHIN PALM SPRINGS. FROM: David H. Ready, City Manager BY: Community & Economic Development Department SUMMARY: Resolution is the first step in a two step process necessary for the adoption of the Palm Springs Residential Energy Efficiency Program (REEP) that was recently authorized by the passage of Assembly Bill 811. This Resolution declares the intent of the City Council to finance energy efficiency improvements through the use of contractual assessments pursuant to Chapter 29 of Part 3 of Division 7 of the California Streets and Highways Code. RECOMMENDATION: 1. Approve City Council Resolution declaring its intention to finance energy efficiency improvements to homes within Palm Springs. 2. Authorize the City Manager or his designee to execute all the necessary documents. BACKGROUND: Resolution is the first step in a two step process necessary for the adoption of the Palm Springs Residential Energy Efficiency Program (REEP) that was recently authorized by the passage of Assembly Bill 811_ This Resolution declares the intent of the City Council to finance energy efficiency improvements through the use of contractual assessments pursuant to Chapter 29 of Part 3 of Division 7 of the California Streets and Highways Code. This Resolution also authorizes staff to complete the Resolution. This Resolution also sets the date of , 2009 for the public hearing necessary for the final adoption of this proposed program_ 17,=i�j �1,10. z . K . All the specifics of this proposed financing program will be completed and published prior to the public hearing date of Wednesday, March 25, 2009. Resolution No. has been reviewed and approved by the City Attorney's Office. Diana Shay Tom Wilson Redevelopment Coordinator Assistant City Manager DAVID H. RF2 City Manager Attachments: 1. Resolution RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DECLARING ITS INTENTION TO FINANCE ENERGY EFFICIENCY IMPROVEMENTS THROUGH THE USE OF CONTRACTUAL ASSESSMENTS PURSUANT TO CHAPTER 29 OF PART 3 OF DIVISION 7 OF THE CALIFORNIA STREETS AND HIGHWAYS CODE AND SETTING A PUBLIC HEARING THEREON. WHEREAS, pursuant to Chapter 29 of Part 3 of Division 7 of the California Streets and Highways Code ("Chapter 29"), the City Council proposes to establish a contractual assessment program to assist property owners with the cost of making energy efficiency improvements that are permanently fixed to their property; NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF PALM SPRINGS HEREBY FINDS, DETERMINES, RESOLVES, AND ORDERS AS FOLLOWS: Section 1- The City Council hereby finds and declares all of the following: A. Energy conservation efforts, including the promotion of energy efficiency improvements to residential, commercial, industrial, or other real property are necessary to address the issue of global climate change. B. The upfront cost of making residential, commercial, industrial, or other real property more energy efficient prevents many property owners from making those improvements. To make those improvements more affordable and to promote the installation of those improvements, the Legislature has authorized an alternative procedure pursuant to Chapter 29 for authorizing assessments to finance the cost of energy efficiency improvements- C. A public purpose will be served by a contractual assessment program whereby the City Council is authorized to finance the installation of energy efficiency improvements that are permanently fixed to residential, commercial, industrial, or other real property. D. It is convenient, advantageous, and in the public interest to designate the entire City, including any area that may be annexed to the City, as the area within which authorized City officials and property owners may enter into contractual assessments to finance the installation of energy efficiency improvements that are permanently affixed to real property Section 2. The City Council hereby determines that it would be convenient, advantageous and in the public interest to designate the entire City as an area within which authorized City officials and property owners may enter into contractual assessments pursuant to Chapter 29 to finance the installation of distributed generation renewable energy sources or energy efficiency improvements that are permanently fixed to real property. P,o Resolution No. Page 2 Section 3. The City Council hereby declares that it proposes to make contractual assessment financing available to the owners of property in the City to finance the installation of energy efficiency improvements that are permanently fixed to real property. Section 4. The City Manager or the City Manager's designee (the "Authorized Officer") shall prepare, as part of the report required in Section 7 of this Resolution, and update, sources or energy efficiency improvements that may be financed through the City's contractual assessment financing program. The types of energy efficiency improvements eligible for financing through contractual assessments may include, but are not limited to, high efficiency air conditioning and ventilation systems, high performance windows, high efficiency pool equipment, high efficiency water heating equipment, photovoltaic and thermal solar energy systems, zoning control and energy management control systems, high efficiency irrigation pumps and controls and natural gas fuel cells, wall, ceiling, and roof insulation upgrades. Section 5. The entire City and any area that may be annexed thereto, is designated the area within which contractual assessments may be entered into pursuant to Chapter 29. Section 6. The proposed arrangements for financing the contractual assessment financing program may include without limitation the issuance of bonds pursuant to Chapter 29, the principal and interest of which would be repaid by contractual assessments. Alternatively, the City may advance its own funds to finance work to be repaid through contractual assessments, and may from time to time sell bonds, notes, certificates of participation, or other forms of indebtedness to reimburse itself for such advances. The proposed arrangements may also include the lease-purchase of public facilities by the City pursuant to a lease or other contractual arrangement with a public financing authority or non-profit entity or other financing elements as may be determined necessary or useful to the financing of the contractual assessment program. Section 7. The City Council hereby directs the Authorized Officer to prepare and file with the City Council a report pursuant to Section 5898.22 of the California Streets and Highways Code at or before the time of the public hearing described in Section 8 hereof (the 'Report"). The Report shall contain all of the following: (a) A map showing the boundaries of the territory within which contractual assessments are proposed to be offered. (b) A draft contract specifying the terms and conditions that would be agreed to be a property owner within the contractual assessment area and the City. Resolution No._ Page 3 (c) A statement of City policies concerning contractual assessments including all of the following: (i) Identification of types of facilities, or energy efficiency improvements that may be financed through the use of contractual assessments; (ii) Identification of a city official authorized to enter into contractual assessments on behalf of the City; (iii) A maximum aggregate dollar amount of contractual assessments; and (iv) A method for setting requests from property owners for financing through contractual assessments in priority order in the event that requests appear likely to exceed the authorization amount. (d) A plan for raising a capital amount required to pay for work performed pursuant to contractual assessments. The plan may include amounts to be advanced by the City through funds available to it from any source. The plan may include the sale of a bond or bonds or other financing relationship pursuant to Streets and Highways Code Section 5898.28. The plan shall include a statement of or method for determining the interest rate and time period during which contracting property owners would pay any assessment. The plan shall provide for any reserve fund or funds. The plan shall provide for the apportionment of all or any portion of the costs incidental to financing, administration, and collection of the contractual assessment program among the consenting property owners and the City. Section 8. The City Council hereby calls a public hearing to be held on March 25, 2009 at 6:00 p.m., or soon thereafter as feasible, in the Council Chambers, 3200 E. Tahquitz Canyon Way, Palm Springs, California, on the proposed Report and the contractual assessment financing program. At the public hearing all interested persons may appear and hear and be heard and object to or inquire about the proposed contractual assessment financing program or any of its particulars. Section 9. The City Clerk is hereby directed to provide notice of the public hearing by publishing this Resolution once a week for two weeks, pursuant to Section 6066 of the California Government Code, in the Desert Sun and the first publication shall not occur later than 14 days before the date of such hearing. Section 10. The assessments levied pursuant to Chapter 29, and the interest and any penalties thereon, shall constitute a lien against the lots and parcels of land on which they are made, until they are paid. The assessments shall be collected in the same manner and at the same time as the general taxes of the City on real �� 5 Resolution No. Page 4 property are payable and shall be subject to the same penalties, remedies and lien priorities in the event of delinquency and default. Section 11. The City Council hereby directs the Authorized Officer to enter into consultations with the County of Riverside Auditor-Controller's office to reach agreement with the County regarding the collection of the contractual assessments by the County on the tax roll. PASSED, APPROVED AND ADOPTED THIS 4TH DAY OF MARCH, 2009. 66 No 0903 RESOLUTION NO.22444 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DECLARING ITS INTENTION TO FINANCE ENERGY EFFICIEN- CY IMPROVEMENTS THROUGH THE USE OF CONTRACTUAL ASSESSMENTS PURSUANT TO CHAPTER 29 OF PART 3 OF DIVISION 7 OF THE STREETS AND PROOF OF PUBLICATION Th CODE" NIA AND RSETTNG, A PUBLIIC"IGHWAYS HEARINC THEREON (2015,5,C,C,P) WHEREAS, pursunnl to Chaplur 29 of Part 3 DI Division':of the California Streets and Highways race(Chapter 29),the Ciry Councll proposes to establish a conlraclual d3SusSi l rogrtm to as list property owners with the Cost cf making ener- py cfficency improvements that are permanently fxed to their property NOW THEREFORE THE CITY COUNCIL OF YHE CITY OF PALM SPRINGS HERE BY FINDS DETERMINES, RESOLVES, AND ORDEhS AS FOLLOWS: STATm OF CALIFORNIA Secton 1 The City Council hereby finds and de- County of Riverside planes all of the following' A Ennrgy conservation effona including .the promotion of energy efficiency improvement to residential,commercial,Industrial,or other real properly are notes"ary to address the issue of pplohhal climate chancqe. e. The Up Part cost of making residential rprnmuradl,Industrial,or Dlher real properly more energy efficient prevents many property owners from making.thoss-Improvements. To make those 1 am fl citizen of the United States and a resident of Improvemento stmrdabie and To promote the �nstallat�on al s m file^.ree improvort Inc Lequlaluro the County aforesaid; 1 am over the age Of eighteen has authorized an alternative procedure pursuant to Cris ter 29 for authorizing assessments to fl- years,and not a party to or interested in the nance.me cost of energy offcrenoy improvements, above-cDtitled matter.I am the alert:of a C. A public purpose will be sorvad by a principal contractual assessment program whereby the Gary printer of the,DESERT SUN PUBLI$IIING Council Ig amhorved to finance The Installation of energy olficiency imprgvemarla that are Dperma• COMPANY a newspaper of general circulation, nently fixed to residential commercial,intlustrial or other real property printed and published in the city of Palm Springs, D. It is convenient advantageous,and in Coup of Riverside and which newspaper has been the publlc Interest to designate the entire Clly In- Ulu reluding any area that may be annexed to the 6i((vv adjudged a newspaper of general circulation by[Ile as the area wimin which authorized City ofllclala and property gwnare may Uhler role conlraclual Superior Court of the County of Riverside,State of assessments to finance the installation of energy atficlency,Improvements that are permanently e- California under the dale of March 24, 19S&Case Gxud to mA property Number 191236;that the notice,of which the Section 2. The City Council hereby determines annexed is a printed copy(set in type not smaller Thal it-Would be convenient,advantageous and in the public interest to designate the entire City as than non pariel,has been published in each regular an area within which natnon od City omcrab and property owners may enter into Contractual as- and entire issue of said newspaper and not in any ses:mems pur=cant to Chapter 29 to finance me. installation of distributed generation renewable on• Supplement thereof on the following dates,to wit: ergy sources or energy efficiency Improvements Illal arc 00=11onty Ixed to rv.al property March 7°",14"%2009 Section 3 The Ciry Council hereby declares that I pnopi to make Corlr4cWal aSsusamonl Ir nancm available to the owners of properrltyv m the City to�inaneo the installation of energy elllcmncy improvements that arc permanently fixed to real _-,.....--""-"'--"..."......."..."................ property All in the year 2009 Serlien 4 Thu City Manager or the City Marl ens designee Sthe Authorized Officer' shall pre- pare as pan o the report lectured In Section 7 of Ihis Assoiution and apdale,sources or energy of, I certify(or declare)under penalty of perjury that the fcienc Improvements that may be financed Ihroug�Ito City'S contraclual assessment finane- foregOiDg is true and correct. ing program. The types of energy efficiency im- provements eligible for Ilnancing through contrac- UAI ad443smant3 may include,but are not limited Dated at Palm Springs,California this----17"',----day I to, high cmciency_air condiwing-and ventilation systems higlrpedonnance windows higheficien- cy pool equipment high efllclency water heating <quipr 1,pl'rolovoltaic and Ihormal molar energy af---------- March ---- 2009 systems zoning control and energy management control eyeteme high efficiency mlppatlon pumps and Control^Snit nytural gar Iuel Ce IS wall,call- ph,end rool insulation uppradw Section 5 The entire City and any area that may be annexed thereto,is dengnatPd the area within -------; ---- �--�-----�----- which contractual assessments may be entered Into pursuant to Chapter 29. Section o The proposed mengeancingarhnanm L'ti V' -,t trig Include contractual assessment financing program •-t.t1 maypurse without Chapter t29, the Issuance of L7 0 bond; of whit to Chapter roe theycontractual ontrPrincipal and --< ;,([(] mlerest el which would by the City by y advance +i +� _ Its ownfu n s o finance coo the Ciry may advance _1 .� Y Its own funds m linence work to be repaid through �,_ contractual aL-escments and may from time to .:.J L'r± __f� I '• time sell bonds,notes cedi icalus of participation -"�Y, .-ram Q '�.Otrl or other forms'of indebtedness se reimburse Itself }U'1 1 or such advanctons s.in the reposed ambers menus cn .,.( may also include Ilse loasc•puxhasa of public la• e cillnes by the City pursuant to a lease or other O contractual arrangement with a public financing authority ar nOr lit entity or other financing ole� ments as may be determined necessary or useful to the Ilnancing of the contractual go;aSSmeol pro- gram. Sngllen7 The Cdy Cauncilhurabydircctsthc Au• thanzed Officer to prepare and fie with the City Council a report pursuant to Section 3995.22 of the California Slecio and Hghways Cede at or before the time of the public hearing described In Section 8 hereof(the"Report"). The Report shell contaln all of The following: (a) A map showing the boundaoe^of the lerntory will...which conlraClual essessmcnls are proposed to be opened, (h) A draft cori specifying the terms and conditions lnit would be udreed to be a prop• cdy owner within the contractual assessment area annhe City (c) A statement of Cltyy pollcles concern• mpp contractual assnsslnenL^ Including all 01 the to owing (Q i efficiency hc.Non of types of facilities,be,in energy ofhghft IWe Of mrnra tual may be financed Through lhL ass of contactual aSSCSSments authorized into contlon of ual ascityehl- m�el isanbe to enter into contractual assess- ments on behalf of the Caryry; ' p q u maximum s;and le dollar amount of contractual aes method so and (IV)pr A method far ng thfo qh quests from property inners tar financing in the event citualthat quests appe likely priority order in au- event Ihal requests appear likely ro exceed the au- Ihodzation Aflan. (d)_ A plan far rq,slngperformed a caudal amount re- .. oaredtopayforwork pcdhu plpurman!toWn- amounl in be advanc Thu plan may include amounts ro he from any by the Cdy through funds crude the to It from any source The plan may In- clude iha sale DI a bond or bonds or and Highways Co a Section pp08.2inl to Sheets and Hlyhweya Code enttof p method The plan shall include a statement of or method for during which c the.clot• esl ram and time pump y any which contracting pIan shall owners would pay any assessment The pthe shell vrll pro for any resolve land a tondo. Tha plan shell of cosforts the aentail to of all or any padNn of the collection ion 01 th la omraCing a wet,i tretion, and collection of Ina cong prop- any owners and t ern among the consenting pmp- erty owners and the City Sechon 3 The Ci Council hereby calls a public hehBnA m be held on March 25, 2009 at 6:00 pp��m. or sown thereafter as feasible,In the Council; L`hambers 3200 E.Tsnqultz Canyon Way Palm, Spring� California on the pproposed Report and the contractual assessment Iina0cnlg program At the puhlic hearing ill interested parjrmi may so- car and hear and be heard and object la Or lni quiro about the proposed contractual assessment, financing program or any of its parllculirs. Goolon 9. The City Clerk is herebyy directed to Provido notice of the public hearing by publishing w5 Resolution ante a week for two weeks,pur- suant In Section 6066 of the Cathornla Govern. ment Code,in Iho Desert Sun and the Ilrat publi- cation shall not occur later than 14 days before the date of Such hearing. Sact lan 10.The asso..smants levied pursuant to Chapter 29, and the Interest and an penalties thereon shall conahitho a lien against I lei;Intl panels of land an which they ire made until they are paid The assessments ahall de collected in the lama marmor died it the same time .15pplhe able andixes 5holl he suthe bject to fiproperty came penalties iemedles and lien prronbe^In the event of dclin, quoncy Ind default. - - - Section 11.The City Council hereby directs lh� A l ziTed Officer to on into consultations with the County Of Riverside Auditor-Controller's office m reach agreement with the County regarding the collection of the conhacluil mFessments by the County on the tax rail. PASSED APPROVED AND ADOPTED THIS aTP DAY OF MARCH,2009. CERTIFICATION STATE OF CALIFORNIA COUNTY OF RIVERSIDE CITY OF PALM SPRINGS I JAMES YHCMPSON,Ci(v Clerk of the CIry of Palm Sponge hereby ceftlty(oat Reso• lutlon c.22444 is a lull,true and correct copy and was duly adopted at a regular moiling of Mfg CIry Council of the City of Palm Springs on the 4th day of March,2009,by Ihr following vote: AYES Councllmembers Foal Hulchoeon, Wcigel,Ind Mayor Pougnat NOES. None ABSENT Mayor Pm Tem Milli, ABSTAIN' None James Thompson,City Clerk City of Palm Springs Cadornia Published:317,3114/09