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Ordinance 2022-586
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Ordinance 2022-586
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Last modified
12/14/2022 11:30:29 AM
Creation date
12/14/2022 11:12:34 AM
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CityClerk-Ordinances
Ordinance Number
2022-586
Date (mm/dd/yyyy)
06/16/2022
Description
Amending Chapter 251 "Property Assessed Clean Energy (PACE) Program" of the City of Sunny Isles Beach Code of Ordinances.
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i. Dates of reporting period; <br />ii. List of PACE projects started during the reporting period, separated by <br />building type (e.g., single-family, multifamily, retail, office, industrial, etc.); <br />iii. List of PACE projects completed during the reporting period, separated by <br />building type (e.g., single-family, multifamily, retail, office, industrial, etc.). <br />For each completed project, specify: (1) the qualifying improvements <br />made; (2) project start date and completion date; (3) the projected energy <br />savings and/or amount of potential renewable energy to be generated <br />(may be based on averages for type of improvement); (4) financial <br />information such as cost per kWh saved/generated; (5) other resource <br />savings if data is available; and (6) audits performed detailing the audit <br />results, if applicable to the project; <br />iv. Number of jobs (actual or estimated) created during the reporting period; <br />v. Number of applications declined during the reporting period; <br />vi. Unresolved complaints or contractor issues and status; <br />vii. Description of the standardized third -party methodologies and supporting <br />assumptions used to verify data, and any changes in the methodologies <br />and assumptions from the previous reporting period. <br />(b) If the PACE Local Government does not currently have the ability to provide <br />reports that contain this minimum reporting information, it should modify its <br />data collection and maintenance -procedures and systems within one-year of <br />the effective date of its PACE Interlocal in order to comply. The City of Sunny <br />Isles Beach reserves the right to publish reports on program progress and <br />results and PACE Local Government compliance. <br />(c) PACE Local Governments will respond to requests from the PACE Program <br />Coordinator for information related to the Program in a timely manner and <br />shall provide sufficient documentation as requested by the PACE Program <br />Coordinator to ensure that the requirements of this Article and the State <br />statutes are being met. <br />(d) The PACE Local Government shall retain sufficient books and records <br />demonstrating compliance with the Agreement and State and City <br />requirements for a minimum period of seven years from the initial date of each <br />non -ad valorem assessment and shall allow City representatives access to such <br />books and records upon request. <br />(2415) Amendments: City reserves the right to amend this ordinance to revise <br />Program standards. <br />B. Additional Program standards for residential properties: In addition to requirements set <br />forth in F.S. § 163.08, PACE Local Governments that finance PACE Qualifying Improvements <br />on residential properties within the City of Sunny Isles Beach shall, at a minimum, comply <br />with at least one of the following additional standards for projects affecting residential <br />properties with four residential units or fewer: <br />(1) Financing limits: PACE Local Governments shall ensure that the total amount of any <br />annual property taxes and assessments do not exceed five percent of the Property's <br />fair market value, determined at the time financing is approved and ensure that the <br />total amount of annual PACE Assessments do not exceed four percent of the total <br />annual gross income of the Property owner in the prior calendar or fiscal year, <br />@BCL@B80CDC07.docx Page 8 of 13 64 <br />
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