Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Motion
21-242, establishing a Work Group to Develop a C-PACER Program
body
DEPARTMENT: Council
ORIGINATOR: Nicole Gorle
EXECUTIVE RECOMMENDATION: n/a
PURPOSE: Requesting the Executive create an internal workgroup to develop the necessary materials for implementation of a C-PACER program in Snohomish County.
BACKGROUND: In 2020 the Washington State Legislature passed HB 2405 which allows Counties to implement Commercial Property Assessed Clean Energy & Resiliency (C-PACER) program, RCW 36.165.
This program is a financial tool for property owners that allows them to access financing for qualifying energy efficiency, renewable energy, water conservation, and resiliency projects on commercial buildings. Unlike a typical loan that is tied to a property owner, the financing is tied to the property itself and will stay with the property until it is paid off. Per RCW 36.165.060, the C-PACER lien is equal in priority to state, local, and junior district property taxes. From the County perspective, our role is to 1) determine if we would like to implement the program; 2) implement a C-PACER program; and 3) administer the program, either through an internal staff person or a third-party administrator. To aid in program development and implementation, ShiftZero has established template program materials and ordinances for jurisdictions to use. During the July 13th Operations Committee meeting, Council had a discussion on C-PACER and requested a motion be drafted that would establish a workgroup consisting of the County Treasurer, Office of Energy and Sustainability, Executive Office, and Council Office staff to review the template material provided by ShiftZero and customize it to Snohomish County's needs. The motion in this ECAF requests the Executive to establish the discussed work group to develop the program materials and ordinance, and requests that it be submitted to Council by September 7th for consid...
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