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HomeMy WebLinkAbout12-002 SDRESOLUTION NO. 12-002 A RESOLUTION OF THE ST. LUCIE COUNTY SUSTAINABILITY DISTRICT ESTABLISHING AN ADMINISTRATIVE FEE PERTAINING TO SUSTAINABILITY SPECIAL ASSESSMENT PROGRAMS; PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND PROVIDING AN EFFECTIVE DATE. BE IT RESOLVED BYTHE GOVERNING BOARD OFTHE ST. LUCIE COUNTYSUSTAINABILITY DISTRICT AS FOLLOWS: SECTION 1. AUTHORITY. This Resolution of the St. Lucie County Sustainability District (the "District") is adopted pursuant to the provisions of Ordinance No. 10-025 (the "Ordinance") as codified in Chapter 1-19 of the Code of Ordinances of St. Lucie County, Florida (the "County"), Chapter 189, Florida Statutes, Section 163.08, Florida Statutes, and other applicable provisions of law. SECTION 2. FINDINGS. It is hereby ascertained, determined and declared as follows: (A) The County enacted the Ordinance in order to create the District and establish the Energy Financing Program pursuant to which the County and the District may collaborate in offering qualified owners of real property an opportunity to acquire energy efficiency and renewable energy improvements and repay the costs associated with such improvements through voluntary special assessments imposed against the property pursuant to financing agreements (the "Assessments"). (B) The County has made and will continue to make significant contributions, both in terms of staff resources and expenditures from the County's General Fund and Transportation Fund, in furtherance of the District and the Energy Financing Program, which contributions are necessary and instrumental to the execution of financing agreements and the administration of the Assessments evidenced thereby. (C) It is fair, reasonable and appropriate to include an administrative fee in each Assessment with which to reimburse the County for costs incurred in furtherance of the District, the Energy Financing Program and ongoing administration of the Assessments. (D) This Resolution is adopted for purposes of adopting policies and procedures for the assessment of administrative fees for St. Lucie County Sustainability Special Assessment programs. SECTION 3. ADMINISTRATIVE FEE. The District hereby establishes an administrative fee for each Sustainability District special assessment in the amount of 196 of the total assessment amount to reimburse the General Fund and 1%of the total assessment amount to reimburse the Transportation Fund. The administrative fees shall be addressed in the financing agreements and paid from annual special assessment collections. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED by the St. Lucie County Sustainability District at a regular meeting duly called this 3rd day of July 2012. GOVERNING BOARD OF THE ST. LUCIE COUNTY ATTEST: SUSTAINABILITY DISTRICT BY: Deputy Clerk Chairman APPROVED AS TO FORM BY: County