Subject:
Title
Legislative Intent and Staff Direction, Re: Preparing a resolution to reinstate the PACE program for residential properties
End
Fiscal Impact:
N/A
Dept/Office:
District 5 Commission Office on behalf of PACE program finance companies
Requested Action:
Recommendation
It is requested that the BOCC directs the County Attorney’s Office to prepare a resolution to be discussed at a future board meeting that would reinstate the PACE program for residential properties.
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Summary Explanation and Background:
The Board initially approved a PACE program in 2018 with Resolution 18-040. In 2022, the Board adopted Resolution 22-067, partially rescinding the PACE program as to single-family residential properties and non-profit organizations. Right now, only commercial PACE financing is authorized. It has been requested by the backers of the PACE program that the Brevard County Board of Commissioners revisit the issue.
Clerk to the Board Instructions:
None