HomeMy WebLinkAboutMinutes 05-07-2010GREEN CDFI: SOLAR & ENERGY CONSERVATION LOAN FUND MEETING
Minutes of Meeting
May 7, 2010
Convened: 10:00 A.M. Adjourned: 11:15 A.M.
The meeting of the Green CDFI: Solar & Energy Conservation Loan Fund Meeting was
held on Friday, May 7, 2010 in Conference Room 3 of the St. Lucie County
Administration Building Annex, 2300 Virginia Avenue, Fort Pierce, Florida.
Those In Attendance:
Commissioner Doug Coward, Chairman
Charline Burgess, Aide to Commissioner Coward
Commissioner Charles Grande, District 4
Faye Outlaw, St. Lucie County Administrator
Lee Ann Lowery, St. Lucie County Assistant County Administrator
Peter Merritt, Treasure Coast Regional Planning Council
Greg Vaday, Treasure Coast Regional Planning Council
Laura Hetherington, IBM SE FCU (via teleconference)
Aileen Pruitt, PNC Bank
Dolly Champey, IBM/PGA Credit Union
Dan McIntyre, St. Lucie County Attorney
Larry Pelton, Economic Development Director
Dan Haywood, Program Manager with FP&L
Roberta Greene, St. Lucie County Grants
Glenn Henderson, St. Lucie County Grants
John Drndak, Climatic Solar
Frank Slifka, Climatic Solar
Randi Whiddon, Eco2Asset Solutions
Derrick Dukes, Dukes Construction
Attorney Robert Reid, Bryant, Miller & Olive
Green CDFI: Solar & Energy Conservation Loan Fund Meeting
May 7, 2010 Page 1
ITEM 1 N CALL TO ORDER:
The meeting was called to order at 10:00 a.m. by Commissioner Coward
ITEM 2 N SELF -INTRODUCTIONS:
Commissioner Coward and those in attendance gave self -introductions. It was noted
that Ms. Laura Hetherington would be joining the meeting via teleconference.
ITEM 3 N ARTICLES OF INCORPORATION AND BY-LAWS — DAN WINTYRE
AND BOB REID:
Commissioner Coward asked Dan McIntyre to give us an update on where we are at
with these items so far.
Mr. McIntyre said that we received comments back from Marsha Krassner, Consultant to
the County, and that Mr. Reid had incorporated her comments into our Articles and
Bylaws.
Mr. Bob Reid gave an update on current legislation in regard to HB 717 and the PACE
program.
Commissioner Coward explained some of the PACE program and that Berkley in
California is closing their program because the interest rates are too high.
Discussion ensued regarding concerns over the specific wording in the documents about
low -to -moderate income in the By -Laws. Many suggestions followed.
Ms. Faye Outlaw reminded everyone that this program will be controlled by their Board
of Directors, not the Board of County Commissioners.
Commissioner Coward informed the group of his recent trip to Tallahassee and his
scheduled meeting with Matthew Stamatoff and Robert Vickers in the Governor's Energy
Office. He said that they had called State Representative Adam Fetterman and
requested information on our solar and energy fund, and his office referred them to us.
He said that while he was there, that he was fortunate enough to be able to get a few
minutes with Shane Strum, Chief of Staff To The Governor and speak to him about it as
well.
ITEM 4 N NAME SELECTION:
Commissioner Coward said that before he went to Tallahassee, he wanted to have
something in place for his meeting. He then passed out a brochure, that at his
direction, county staff had put together for him on the solar fund program. He said that
the name he chose was "E.M.P'.O.W.E.R. ST. LUCIE SOLAR AND ENERGY LOAN FUND"
for the St. Lucie program; the acronyms stand for:
Green CDFI: Solar & Energy Conservation Loan Fund Meeting
May 7, 2010 Page 2
E - Enabling
M -More
P - People
0 - Opportunity
'- Wherewithal
E - Energy Savings and
R - Renewable Energy
Several members of the group said that they would prefer not to have the name
of the Corporation with acronyms. After a lengthy discussion, a motion was
made by Mr. Larry Pelton and seconded by another member that the name of
the corporation will be Solar and Energy Loan Fund of St Lucie Co., Inc.
ITEM 5 N NEXT STEPS: GRANT UPDATE; BUSINESS PLAN; AND, LOAN
COMMITTEE:
Commissioner Coward stated that we have not heard any news about the Department of
Energy (DOE) grant. He said that there are lists being put out, but not as it relates to
this particular grant, but he said that we would continue to monitor it.
Commissioner Coward said that we would discuss the Business Plan and Initial
Membership of the Loan Committee at our next meeting.
Mr. McIntyre said that he would contact Marsha Krassner for her help with the business
plan. He said that it may be necessary for her to join us via telephone at our next
meeting.
Commissioner Charles Grande said that he would be joining in a Webinar with the
National Association of Counties soon to speak on this topic.
It was decided that the group would try and meet again in three weeks.
ITEM 6 N ADJOURN:
There being no further business, the meeting was adjourned at 11:15 a.m.
Respectfully submitted by: Charline Burgess, Aide to Commissioner Doug Coward.
Green CDFI: Solar & Energy Conservation Loan Fund Meeting
May 7, 2010 Page 3
Green CDFI: Solar & Energy Conservation Loan Fund Meeting
May 7, 2010 Page 4