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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
On agenda: 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
Attachments: 1. 16-0692~1st Reader, 2. HCD 16-0692, 3. Office of Sustainability 16-0692, 4. DPW 16-0692, 5. Finance 16-0692 - Report 1, 6. Finance 16-0692 - Report 2, 7. City Solicitor 16-0692, 8. 2nd Reader Amendments 16-0692, 9. 16-0692~3rd Reader
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
11/14/20160 Mayor Signed by Mayor  Action details Meeting details Not available
10/24/20160 City Council Approved and Sent to the Mayor  Action details Meeting details Not available
10/20/20160 City Council 3rd Reader, for final passage  Action details Meeting details Not available
10/20/20160 Judiciary and Legislative Investigations Recommended Favorably with Amendment  Action details Meeting details Not available
9/27/20160 Judiciary and Legislative Investigations Recommended Favorably with AmendmentPass Action details Meeting details Not available
9/20/20160 Judiciary and Legislative Investigations Scheduled for a Public Hearing  Action details Meeting details Not available
9/20/20160 Judiciary and Legislative Investigations    Action details Meeting details Not available
9/13/20160 Judiciary and Legislative Investigations Worksession  Action details Meeting details Not available
9/13/20160 Judiciary and Legislative Investigations    Action details Meeting details Not available
7/18/20160 Judiciary and Legislative Investigations Scheduled for a Public Hearing  Action details Meeting details Not available
6/9/20160 City Council President Refer to Dept. of Housing and Community Development  Action details Meeting details Not available
6/9/20160 City Council President Refer to Dept. of Finance  Action details Meeting details Not available
6/9/20160 City Council President Refer to City Solicitor  Action details Meeting details Not available
6/9/20160 City Council President Refer to Dept. of Public Works  Action details Meeting details Not available
6/9/20160 City Council President Refer to Office of Sustainability  Action details Meeting details Not available
6/6/20160 City Council Assigned  Action details Meeting details Not available
6/6/20160 City Council Introduced  Action details Meeting details Not available
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...

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