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Res No 156-16-14711RESOLUTION NO.156-16-14711 A Resolution of the Mayor and City Commission of the City of South Miami, Florida in support of lowering energy costs and removing barriers for solar power and support for amendment 4on the August thirtieth primary ballot. WHEREAS,theCity of SouthMiami(the "City")adopted Resolution No.24-10-13058 dated January 26,2010 supporting theGreen Corridor Districtlegislation,whichisaPACEprogram expressly allowing local governments tofinance improvements suchas solar panels on properties;and WHEREAS,as of May 1,2016,thePACE program has finances over 1,437 projects,which includesseveralsolarpower projects,withanestimatedcost of $43,730,144 withintheGreenCorridor; and WHEREAS,unlike conventional power generation,solar power generates electricity withzero air emissions andno water use,thereby moving the county,state,and nation toa cleaner andmore sustainable energy future;and WHEREAS,Florida hasthe greatest potential for rooftop solar power of anystateinthe eastern United States.Yet,with 9 million electric utility customer accounts,Florida has only 8,500 customer- sited solar systems,in contrast with less sunny states suchas New Jersey,which has over 40,000 customer-sited solar systems,but only half the population of Florida;and WHEREAS,the Florida tangible personal property taxisa tax on non-real estate property and hasthe effect of increasing the cost of solar power onmany solar systems by2to5 cents per kilowatt hour (kWh).Lowering the cost of solar power improves the economic benefit of solar power andcanlead to significantly more solar development;and WHEREAS,amendment 4will appear onthe August 30,2016 primary ballot,which,if approved,would:(1)Exempt theassessedvalue of arenewableenergysourcedevicefromad valorem tax on tangible personal property;and(2)Prohibit a property appraiser from considering the installation of a renewable energy source device inthe determination of assessed value of real property forthe purpose of ad valorem taxation;and WHEREAS,assuch,theCity Commission hereby supports Amendment 4asit would lower the costsand remove barrier of solar power within theState of Florida;and WHEREAS,the City Commission finds that this Resolution isinthe best interest and welfare of the residents of theCity. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI,FLORIDA THAT: Section 1.Theabove recitals aretrueand correct andare incorporated herein bythis reference. Section 2.The City Commission hereby supports lowering energy costs and removing barriers forsolarpowerandadditionallysupportsAmendment4ontheAugust30,2016 primaryballot. Section 3.TheCity Clerk isherebydirectedto transmit acopy of this Resolution totheMayor andBoard of CountyCommissioners of Miami-DadeCounty,Florida,andallelectedmunicipalofficials in Miami-Dade County. Page 1 of 2 Res.No 156-16-14711 Section 4.This resolution shall becomeeffectiveimmediatelyuponadoptionbyvote of theCity Commission. PASSEDAND ADOPTED this 1 61fray of August ,2016. QQy*i*uga CITY eLERK *ORM, APPROVED: MAYOR COMMISSION VOTE:5-0 Mayor Stoddard:yea ViceMayor Welsh:yea Commissioner Edmond:yea CommissionerHarris:yea Commissioner Liebman:yea Page 2 of2