CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO. R-18-71 ENACTMENT NO. ________________________
SPONSORED BY: Klarissa J. Pe?a
RESOLUTION
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Recognizing The Commercial Property Assessed Clean Energy (C-Pace) Ordinance, Passed By The County Of Bernalillo Board Of Commissioners August 14, 2018 And Urging The New Mexico State Legislature To Adopt Statutes That Facilitate C-Pace Programs By Cities And Counties Throughout The State (Pe?a)
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RECOGNIZING THE COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY (C-PACE) ORDINANCE, PASSED BY THE COUNTY OF BERNALILLO BOARD OF COMMISSIONERS AUGUST 14, 2018 AND URGING THE NEW MEXICO STATE LEGISLATURE TO ADOPT STATUTES THAT FACILITATE C-PACE PROGRAMS BY CITIES AND COUNTIES THROUGHOUT THE STATE.
WHEREAS, encouraging the development and installation of distributed generation renewable energy sources and improvements to the energy efficiency of buildings and structures by owners of commercial real property, benefits the economic well-being and public and environmental health of Albuquerque residents and businesses; and
WHEREAS, the development and installation of distributed generation renewable energy sources and improvements to the energy efficiency of buildings and structures by owners of commercial real property provides opportunities for local economic development and jobs in the development and installation of such improvements; and
WHEREAS, the high front-end costs of renewable energy and energy efficiency improvements to real property prevents many property owners from making improvements, and many property owners lack access to traditional financing, and it is desirable and necessary to authorize alternative financing procedures to promote the installation of the improvements; and
WHEREAS, the Renewable Energy Financing District Act, NMSA ? 5-18-1 et seq., (the "Act"), authorizes New Mexico municipalities to form renewable energy financing district. The Solar Energy Impro...
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