Resolution 2019-23 ā€“ Permitting the PACE program within the Village

paceCouncil approved this resolution permitting Property Assessed Clean Energy (PACE) programs for commercial properties within the Village. The PACE program will allow a property owner to obtain funding for energy conservation and efficiency, renewable energy and wind resistance improvements, and repay such funding through voluntary special assessments. These improvements, whether done at construction or as a retrofit, reduce energy costs, increase the tax base, the property value, the life of the building and help retain employment. (Resolution)