HomeMy WebLinkAboutReso 148-17 Golden State Finance Authority's Community Facilities District for PACE Financing RESOLUTION NO. 148 — 17
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
CONSENTING TO INCLUSION OF PROPERTIES WITHIN THE CITY OF DUBLIN'S
JURISDICTION IN THE GOLDEN STATE FINANCE AUTHORITY COMMUNITY FACILITIES
DISTRICT NO. 2014-1 (CLEAN ENERGY) TO FINANCE RENEWABLE ENERGY
IMPROVEMENTS, ENERGY EFFICIENCY AND WATER CONSERVATION IMPROVEMENTS,
ELECTRIC VEHICLE CHARGING INFRASTRUCTURE AND OTHER IMPROVEMENTS; AND
APPROVING ASSOCIATE MEMBERSHIP IN THE JOINT EXERCISE OF POWERS AUTHORITY
RELATED THERETO
WHEREAS, the Golden State Finance Authority, a California joint powers authority formerly
known as California Home Finance Authority (Authority), has established the Community Facilities
District No. 2014-1(Clean Energy) in accordance with the Mello-Roos Community Facilities Act, set
forth in sections 53311 through 53368.3 of the California Government Code (Act) and particularly in
accordance with sections 53313.5(1) and 53328.1(a) (District); and
WHEREAS, the purpose of the District is to finance or refinance (including the payment of
interest) the acquisition, installation, and improvement of energy efficiency, water conservation,
renewable energy and electric vehicle charging infrastructure improvements permanently affixed to
private or publicly-owned real property (Authorized Improvements); and
WHEREAS, the City of Dublin is committed to development of renewable energy generation
and energy efficiency improvements, reduction of greenhouse gases, and protection of the
environment; and
WHEREAS, in the Act, the Legislature has authorized a parcel within the territory of the District
to annex to the District and be subject to the special tax levy of the District only (i) if the city or county
within which the parcel is located has consented, by the adoption of a resolution by the applicable city
council or county board of supervisors, to the inclusion of parcels within its boundaries in the District
and (ii) with the unanimous written approval of the owner or owners of the parcel when it is annexed
(Unanimous Approval Agreement), which, as provided in section 53329.6 of the Act, shall constitute
the election required by the California Constitution; and
WHEREAS, the City wishes to provide innovative solutions to its property owners to achieve
energy efficiency and water conservation and in doing so cooperate with the Authority in order to
efficiently and economically assist property owners the City in financing such Authorized
Improvements; and
WHEREAS, the Authority has established the District, as permitted by the Act, the Authority
JPA, originally made and entered into July 1, 1993, as amended to date, and the City, desires to
become an Associate Member of the JPA by acknowledgement of the JPA Agreement to participate
in the programs of the JPA, and to assist property owners within the incorporated area of the City in
financing the cost of installing Authorized Improvements; and
WHEREAS, the City will not be responsible for the conduct of any special tax proceedings; the
levy and collection of special taxes or any required remedial action in the case of delinquencies in the
payment of any special taxes in connection with the District.
Reso No. 148-17, Adopted 12/5/2017, Item No. 4.3 Page 1 of 2
NOW, THEREFORE, BE IT RESOLVED THAT:
1. This City Council finds and declares that properties in the City's incorporated area will
be benefited by the availability of the Authority CFD No. 2014-1 (Clean Energy) to finance the
installation of the Authorized Improvements.
2. This City Council consents to inclusion in the Authority CFD No. 2014-1 (Clean Energy)
of all of the properties in the incorporated area within the City and to the Authorized Improvements,
upon the request of and execution of the Unanimous Approval Agreement by the owners of such
properties when such properties are annexed, in compliance with the laws, rules and regulations
applicable to such program; and to the assumption of jurisdiction there over by Authority for the
purposes thereof.
3. The consent of this City Council constitutes assent to the assumption of jurisdiction by
Authority for all purposes of the Authority CFD No. 2014-1 (Clean Energy) and authorizes Authority,
upon satisfaction of the conditions imposed in this resolution, to take each and every step required for
or suitable for financing the Authorized Improvements.
4. City staff is authorized and directed to coordinate with Authority staff to facilitate
operation of the Authority CFD No. 2014-1 (Clean Energy) within the City, and report back
periodically to this City Council on the success of such program.
5. This Resolution shall take effect immediately upon its adoption. The City Clerk is
directed to send a certified copy of this resolution to the Secretary of the Authority.
BE IT FURTHER RESOLVED that the City Council of the City of Dublin does hereby approve
joining the JPA as an Associate Member, with a copy of the JPA Agreement attached hereto as
Exhibit A, and authorizes the City Manager to execute the Golden State Finance Authority Signature
Page for New Associate Members attached hereto as Exhibit B, and any necessary documents to
effectuate such membership.
PASSED, APPROVED AND ADOPTED this 5th day of December, 2017, by the following vote:
AYES: Councilmembers Biddle, Goel, Gupta, Hernandez and Mayor Haubert
NOES:
ABSENT:
ABSTAIN:
Mayor
ATTEST:
City Clerk
Reso No. 148-17, Adopted 12/5/2017, Item No. 4.3 Page 2 of 2
SIGNATURE PAGE FOR NEW ASSOCIATE MEMBERS
NAME OF COUNTY OR CITY:
______________________________ Dated:
By:
Name:
Title:
Attest:
By __________________________________
[Clerk of the Board Supervisors or City Clerk]
SIGNATURE PAGE FOR NEW ASSOCIATE MEMBERS
ACKNOWLEDGING RECEIPT OF THE GOLDEN STATE FINANCE AUTHORITY
AMENDED AND RESTATED JOINT EXERCISE OF POWERS AGREEMENT
CITY OF DUBLIN
By: Dated:
Christopher L. Foss,
City Manager
Attest:
By __________________________________
City Clerk