Executive/Council Action Form (ECAF)
ITEM TITLE:
Title
Ordinance 21-097, creating a Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program in Snohomish County
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DEPARTMENT: Council - Sponsored by Councilmember’s Dunn and Mead
ORIGINATOR: Nicole Gorle
EXECUTIVE RECOMMENDATION: n/a
PURPOSE: Establish a C-PACER program
BACKGROUND: See staff report
FISCAL IMPLICATIONS:
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EXPEND: FUND, AGY, ORG, ACTY, OBJ, AU |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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$100,000 |
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REVENUE: FUND, AGY, ORG, REV, SOURCE |
CURRENT YR |
2ND YR |
1ST 6 YRS |
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DEPARTMENT FISCAL IMPACT NOTES: The 2022 budget included $100k for development and implementation of the program. In the out-years there will be a cost for administering the program, however that cost is indeterminate as it will be driven by the volume of applications. Additionally, the County will be collecting an application fee which will be set at an amount that allows the County to achieve cost recovery, making the program cost neutral to the County.
CONTRACT INFORMATION:
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OTHER DEPARTMENTAL REVIEW/COMMENTS: Approved as to form by Rebecca Guadamud on 11/30/21