City of Baltimore - File #: 16-0692

• File #: 16-0692
• Version: 0
• Name: Property Assessed Clean Energy Loan Program
• Type: Ordinance
• Status: Enacted
• File created: 6/6/2016
• In control: City Council
• Final action: 10/26/2016
• Enactment #: 16-533
• Title: Property Assessed Clean Energy Loan Program FOR the purpose of establishing a Property Assessed Clean Energy Loan Program ("PACE Loan Program") to assist qualifying commercial property owners to finance energy improvements through non-accelerating PACE Loans from participating private lenders; authorizing the City to collect PACE Loan payments owed to a private lender, as well as certain PACE Program administrative costs, through a surcharge on the property owner's real property tax bill; providing that an unpaid surcharge constitutes a lien on the real property on which it is imposed; providing for the scope of and eligibility for participation in the PACE Loan Program; providing for the administration of the PACE Loan Program; establishing default procedures; defining certain terms; and providing for a special effective date.
• Sponsors: Eric T. Costello, President Young, Brandon M. Scott, Sharon Green Middleton, Bill Henry, Helen L. Holton, Carl Stokes, Mary Pat Clarke, Rochelle Spector, James B. Kraft, Nick Mosby, Robert Curran, Warren Branch, William "Pete" Welch, Edward Reisinger
• Indexes: Clean Energy, Loan, Program, Property

Date	Ver.	Action By	Action	Result
11/14/2016	0	Mayor	Signed by Mayor
10/24/2016	0	City Council	Approved and Sent to the Mayor
10/20/2016	0	City Council	3rd Reader, for final passage
10/20/2016	0	Judiciary and Legislative Investigations	Recommended Favorably with Amendment
9/27/2016	0	Judiciary and Legislative Investigations	Recommended Favorably with Amendment	Pass
9/20/2016	0	Judiciary and Legislative Investigations	Scheduled for a Public Hearing
9/20/2016	0	Judiciary and Legislative Investigations
9/13/2016	0	Judiciary and Legislative Investigations	Worksession
9/13/2016	0	Judiciary and Legislative Investigations
7/18/2016	0	Judiciary and Legislative Investigations	Scheduled for a Public Hearing
6/9/2016	0	The City Council	Refer to Dept. of Housing and Community Development
6/9/2016	0	The City Council	Refer to Dept. of Finance
6/9/2016	0	The City Council	Refer to City Solicitor
6/9/2016	0	The City Council	Refer to Dept. of Public Works
6/9/2016	0	The City Council	Refer to Office of Sustainability
6/6/2016	0	City Council	Assigned
6/6/2016	0	City Council	Introduced

EXPLANATION: CAPITALS indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL

Introduced by: Councilmember Costello
At the request of: CBJ Energy, c/o Claire B. Johnson, President
Address: 238 East Montgomery Street,, Baltimore, Md. 21320
Telephone: (443) 226-0273

A BILL ENTITLED

AN ORDINANCE concerning
title
Property Assessed Clean Energy Loan Program
FOR the purpose of establishing a Property Assessed Clean Energy Loan Program ("PACE Loan Program") to assist qualifying commercial property owners to finance energy improvements through non-accelerating PACE Loans from participating private lenders; authorizing the City to collect PACE Loan payments owed to a private lender, as well as certain PACE Program administrative costs, through a surcharge on the property owner's real property tax bill; providing that an unpaid surcharge constitutes a lien on the real property on which it is imposed; providing for the scope of and eligibility for participation in the PACE Loan Program; providing for the administration of the PACE Loan Program; establishing default procedures; defining certain terms; and providing for a special effective date.
body

BY adding
Article 28 - Taxes
Sections 30-1 through 30-8, to be under the new subtitle,
?Subtitle 30. Property Assessed Clean Energy Loan Program?
Baltimore City Code
(Edition 2000)

SECTION 1. BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL OF BALTIMORE, That the Laws of Baltimore City read as follo...