Title
Chief Administrative Office, Economic Development Division, recommending the Board receive an update report on the Property Assessed Clean Energy programs and their operation in El Dorado County (attached). (Est. Time: 20 Min.)
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DEPARTMENT RECOMMENDATION
Chief Administrative Office, Economic Development Division, recommending the Board receive an update report on the PACE programs and their operation in El Dorado County (attached).
DISCUSSION / BACKGROUND
On July 18, 2017, staff was directed to prepare a report relative to the Property Assessed Clean Energy (PACE) financing programs that were approved by the Board in 2015, including research relative to the number of program participants, benefits and any unanticipated risks/consequences of the programs.
This report is intended to provide an overview of the program operation in El Dorado County.
FINANCIAL IMPACT
N/A
CLERK OF THE BOARD FOLLOW UP ACTIONS
None
CONTACT
Don Ashton, Chief Administrative Officer
Shawne Corley, Assistant Chief Administrative Officer