R10943City Council Meeting: March 1, 2016 Santa Monica, California
RESOLUTION NO. 10(LI- (CCS)
(City Council Series)
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA,
CALIFORNIA CONSENTING TO INCLUSION OF PROPERTIES WITHIN THE CITY'S
JURISDICTION IN THE CALIFORNIA HOME FINANCE AUTHORITY COMMUNITY
FACILITIES DISTRICT NO. 2014-1 (CLEAN ENERGY) TO FINANCE RENEWABLE
ENERGY IMPROVEMENTS, ENERGY EFFICIENCY AND WATER CONSERVATION
IMPROVEMENTS AND ELECTRIC VEHICLE CHARGING INFRASTRUCTURE AND
APPROVING ASSOCIATE MEMBERSHIP IN THE JOINT EXERCISE OF POWERS
AUTHORITY RELATED THERETO
WHEREAS, the California Home Finance Authority, a California joint powers
authority, (the "Authority") has established the Community Facilities District No. 2014-
1 (Clean
014-1(Clean Energy) in accordance with the Mello -Roos Community Facilities Act, set forth in
sections 53311 through 53368.3 of the California Government Code (the "Act") and
particularly in accordance with sections 53313.5(1) and 53328.1(a) (the "District"), which
District is facilitated through Ygrene Energy Fund; 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 (the
"Authorized Improvements"); and
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WHEREAS, the City of Santa Monica 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 (the "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
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 execution of the JPA
Agreement, a copy of which is attached as Attachment E to the staff report dated February
23, 2016, 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.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES RESOLVE AS FOLLOWS:
SECTION 1. The recitals set forth hereinabove are true and correct in all respects.
SECTION 2. 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.
SECTION 3. 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 thereover by Authority for the purposes thereof.
SECTION 4. 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.
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SECTION 5. This City Council hereby approves joining the JPA as an Associate
Member and authorizes the execution by appropriate City officials of any necessary
documents to effectuate such membership.
SECTION 6. 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.
SECTION 7. 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.
APPROVED AS TO FORM:
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J, NES M UTRIE
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Adopted and approved this 1st day of March, 2016.
Tony Y/azquez,
1, Denise Anderson -Warren,, City Clerk of the City oManta Monica, do
hereby certify that the foregoing Resolution No. 10943 (CCS) was duly adopted at a
meeting of the Santa Monica City Council held on the 1 st day of March, 2016, by the
following vote.-
AYES:
ote:
AYES: Councilmembers O'Day, Himmelrich, Davis, McKeown,
Mayor Pro Tem Winterer, Mayor Vazquez
NOES: None
ABSENT: Councilmember O'Connor
ATTEST:
J16d6" -Z�AUPL-
Denise Anderson -Warren, City Clerk