2016-38 Second Amended and Restated Interlocal Agreement Forming the Florida Green Finance AuthorityRESOLUTION 2016 -38
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
NORTH PALM BEACH, FLORIDA, AUTHORIZING THE MAYOR TO
APPROVE AND ADOPT A SECOND AMENDED AND RESTATED
1NTERLOCAL AGREEMENT EXECUTED BY THE TOWNS OF
LANTANA AND MANGONIA PARK AND OTHER MUNICIPALITIES
AND COUNTIES FORMING THE FLORIDA GREEN FINANCE
AUTHORITY WHICH FURTHER UPDATES THE STRUCTURE OF THE
BOARD OF SUPERVISORS, PROVIDES MORE FLEXIBILITY IN
OBTAINING A QUORUM OF THE BOARD, AND CHANGES THE NAME
OF THE PROGRAM; PROVIDING FOR CONFLICTS; AND PROVIDING
FOR AN EFFECTIVE DATE.
WHEREAS, the Towns of Mangonia Park and Lantana are the originating parties in the creation
of the Florida Green Finance Authority ( "Authority "), providing Property Assessed Clean Energy
( "PACE ") funding for energy efficiency, renewable energy and wind resistance upgrades to
commercial and residential (near future) property in the Village of North Palm Beach; and
WHEREAS, through the adoption of Resolution No. 2015 -72, the Village Council approved the
Interlocal Agreement between the Towns of Mangonia Park and Lantana and other municipalities
and counties forming the Florida Green Finance Authority through the execution of a
Party Membership Agreement; and
WHEREAS, due to the continued statewide growth of the Florida Green Finance Authority,
the Interlocal Agreement creating the Authority was in need of revision for the future operation
of the Authority; and
WHEREAS, these revisions include changes to: the name of the Program (from Florida Green
Energy Works to RenewPACE); the composition, appointment, quorum requirement and process
for establishment of the Board of Supervisors; and the program administrator; and
WHEREAS, the Board of Supervisors of the Florida Green Finance Authority has approved such
amendments to the Interlocal Agreement, as contained in the Second Amended and Restated
Interlocal Agreement attached hereto, and has directed that they be brought back to the
originating parties for adoption; and
WHEREAS, the Village Council of the Village of North Palm Beach believes the adoption of the
Second Amended and Restated Interlocal Agreement serves the best interest of the Florida Green
Finance Authority as well as the residents and businesses of the Village of North Palm Beach.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE
OF NORTH PALM BEACH, FLORIDA as follows:
Section 1. The above declarations are true and accurate, and are incorporated herein.
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Section 2. The Village Council hereby authorizes the Mayor to approve and adopt the
Second Amended and Restated Interlocal Agreement, a copy of which is attached hereto and
incorporated herein by reference, on behalf of the Village.
Section 3. All resolutions or parts of resolutions in conflict with this Resolution are hereby
repealed to the extent of such conflict.
Section 4. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 23RD DAY OF JU
(Village Seal)
ATTEST:
VILLA 6E CLE
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