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12-12-22 Work Session Agenda and MaterialsCITY COUNCIL KCITY OF WORK SESSION AGENDA ALISPELL December 12, 2022, at 7:00 p.m. City Hall Council Chambers, 201 First Avenue East The public can participate in person in the council chambers or via videoconferencing. Register to join the video conference at: https://us02web.zoom.us/j/81590846067?pwd=YldRQUhKNGRzOUIwNE 1IYTFlakl2UT09. Please see the bottom of the agenda for instructions to watch the meeting live. A. CALL TO ORDER B. DISCUSSION 1. Presentation on the State of Montana Commercial Property Assessed Capital Enhancement Act of Montana (C-PACE) Program C. PUBLIC COMMENT Persons wishing to address the council are asked to do so at this time. Public comment can be provided in person, verbally during the online meeting, or via email to publiccomment(cr�,kalispell. com D. CITY MANAGER, COUNCIL, AND MAYOR REPORTS E. ADJOURNMENT UPCOMING SCHEDULE / FOR YOUR INFORMATION Next Regular Meeting — December 19, 2022, at 7:00 p.m. — Council Chambers City Offices Closed — December 26, 2022 — Christmas Holiday Next Work Session — January 9, 2023, at 7:00 p.m. — Council Chambers To provide public comment live, remotely, please register for the video conference through zoom and use the raise hand feature to indicate you would like to provide public comment. See the top of the agenda for the zoom link. Watch City Council sessions live or later on Charter Cable Channel 190 or online at https://www.kalispell.com/480/Meeting-Videos. The City does not discriminate on the basis of disability in its programs, services, activities, and employment practices. Accessible parking is available at the rear entrance to City Hall off of the alley, where there is an accessible entrance, and accessible restrooms are available. Auxiliary aids are also available. For questions about disability accommodations please contact the City Clerk at 406-758-7756. Page 1 of 1 CITY OF City of Kalispell 201 1st Ave E. P.O. Box 1997 KALISPELL Kalispell, Montana 59903-1997 (406) 758-7000 Fax (406)7757 REPORT TO: Mayor Johnson and Kalispell City Council FROM: Doug Russell, City Manager SUBJECT: Presentation on C-PACE program MEETING DATE: December 12, 2022 BACKGROUND: The State of Montana has enacted a Commercial Property Assessed Capital Enhancement Act of Montana (C-PACE) which allows a local governing body to designate a district where owners of private commercial, industrial or multi -family housing can make eligible Energy Conservation Project improvements and repay the costs through assessments on the property over time to limit the up front cost, theoretically allowing the energy savings to pay for the installation and equipment costs over the time horizon. I am including a document related to the State of Montana's C-PACE program. I am also providing a sample presentation that was provided to another local government in Montana. In order to participate in the program, a district has to be created by a local government entity. Council has previously identified an interest in hearing more about this program. As such, on Monday night, Adam Gill, the Executive Director of the Montana Facility Finance Authority will join the meeting to provide a presentation on the program and answer questions from the Council. ATTACHMENTS: C-PACE Information Sheet Sample Presentation �r \I/ VP Last Best PACE MONTANA C-PACE FINANCING Commercial Property Assessed Capital Enhancement "C-PACE" provides building owners with a way to finance energy and water efficiency improvements as well as renewable energy generation. A wide range of improvements are eligible for C-PACE financing allowing it to finance up to 35% of new construction projects and 100% of retrofit projects. C-PACE is an attractive alternative to higher -interest and shorter -term debt and allows for a building owner to put in high - efficiency systems at no net cost. To learn more about Montana C-PACE visit the website: www.LastBestPACE.com or contact the MFFA at Mffa@mt.gov HOW DOES IT WORK? Now that Montana has enabled C-PACE, property owners can apply for a C-PACE loan with a capital provider to fund energy savings improvements, renewable energy systems, or water conservation equipment. The C-PACE loan is repaid annually through a special payment that is collected by the county as part of the real estate tax bill for that property. so ■o m I i--J Ln O a-J U c- C: O (1) ro +-j E i V) U-1 4--) .z O O u u (L) D r6 -0 �_0 u ru O ru ru M 4 � �, . � ( u +J . — C: a) -0 `~ u u M r6 C: 0- ro LL r[3 r[3 +-j ru s u ro w � u a-J C: .. 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