Legislation Details

File #: 4472-2023    Version: 1 Name:
Type: New Business Status: Passed
File created: 6/6/2024 In control: City Council
On agenda: 6/11/2024 Final action: 6/11/2024
Title: Ordinance Creating a PACE Area and Establishing the Illinois Finance Authority Property Assessed Clean Energy Program for Record Owners of Property that, from Time to Time, May Voluntarily Request the Levy of Special Assessments to Secure the Financing or Refinancing of Their PACE Projects; Authorizing Program Administrators to Act There Under; Designating the Illinois Finance Authority as the Sole Issuer of Bonds and Notes; and Approving Related Matters
Attachments: 1. Agenda Item Report, 2. Ordinance, 3. IFA PACE Program Report

Title

Ordinance Creating a PACE Area and Establishing the Illinois Finance Authority Property Assessed Clean Energy Program for Record Owners of Property that, from Time to Time, May Voluntarily Request the Levy of Special Assessments to Secure the Financing or Refinancing of Their PACE Projects; Authorizing Program Administrators to Act There Under; Designating the Illinois Finance Authority as the Sole Issuer of Bonds and Notes; and Approving Related Matters