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11II 1 RESOLUTION NO. __________ _ 2 A Resolution of the Mayor and City Commission of the City of South Miami, 3 Florida in support of lowering energy costs and removing barriers for solar power 4 and support for amendment 4 on the August thirtieth primary ballot. 5 WHEREAS, the City of South Miami (the "City") adopted Resolution No. 24-10-13058 dated 6 January 26,2010 supporting the Green Corridor District legislation, which is a PACE program expressly 7 allowing local governments to finance improvements such as solar panels on properties; and 8 9 WHEREAS, as of May 1, 2016, the PACE program has finances over 1,437 projects, which 10 includes several solar power projects, with an estimated cost of $43,730,144 within the Green Corridor; 11 and 12 13 WHEREAS, unlike conventional power generation, solar po~er generates electricity with zero 14 air emissions and no water use, thereby moving the county, state, and nation to a cleaner and more 15 sustainable energy future; and 16 WHEREAS, Florida has the greatest potential for rooftop solar power of any state in the eastern 17 United States. Yet, with 9 million electric utility customer accounts, Florida has only 8,500 customer- 18 sited solar systems, in contrast with less sunny states such as New Jersey, which has over 40,000 19 customer-sited solar systems, but only half the population of Florida; and 20 WHEREAS, the Florida tangible personal property tax is a tax on non-real estate property and 21 has the effect of increasing the cost of solar power on many solar systems by 2 to 5 cents per kilowatt 22 hour (kWh). Lowering the cost of solar power improves the economic benefit of solar power and can lead 23 to significantly more solar development; and 24 WHEREAS, amendment 4 will appear on the August 30, 2016 primary ballot, which, if 25 approved, would: (1) Exempt the assessed value of a renewable energy source device from ad valorem tax 26 on tangible personal property; and (2) Prohibit a property appraiser from considering the installation of a 27 renewable energy source device in the determination of assessed value of real property for the purpose of 28 ad valorem taxation; and 29 WHEREAS, as such, the City Commission hereby supports Amendment 4 as it would lower the 30 costs and remove barrier of solar power within the State of Florida; and 31 WHEREAS, the City Commission finds that this Resolution is in the best interest and welfare of 32 the residents of the City. 33 NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION 34 OF THE CITY OF SOUTH MIAMI, FLORIDA THAT: 35 Section 1. The above recitals are true and correct and are incorporated herein by this reference. 36 Section 2. The City Commission hereby supports lowering energy costs and removing barriers 37 for solar power and additionally supports Amendment 4 on the August 30, 2016 primary ballot. 38 Section 3. The City Clerk is hereby directed to transmit a copy of this Resolution to the Mayor 39 and Board of County Commissioners of Miami-Dade County, Florida, and all elected municipal officials 40 in Miami-Dade County. 41 Page 1 of 2 1 Section 4. This resolution shall become effective immediately upon adoption by vote of the City 2 Commission. 3 4 5 6 7 8 9 10 11 12 13 14 15 16 PASSED AND ADOPTED this __ day of ,2016. ATTEST: APPROVED: CITY CLERK READ AND APPROVED AS TO FORM, LANGUAGE, LEGALITY AND EXECUTION THEREOF CITY ATTORNEY MAYOR COMMISSION VOTE: Mayor Stoddard: Vice Mayor Welsh: Commissioner Edmond: Commissioner Harris: Commissioner Liebman: Page 2 of2