Lake Elsinore

City Council

January 14, 2025 Item #9

Agenda Item 9

9) California Enterprise Development Authority (CEDA) and CleanFund Property\nAssessed Clean Energy Program (PACE) for Commercial Properties\n1. Adopt a Resolution to become an Associate Member of the California Enterprise\nDevelopment Authority (CEDA), and to authorize CEDA, through CleanFund\n(Commercial Program Administrator), to offer its Commercial Pace (C-PACE)\nprogram and levy assessments within the City of Lake Elsinore commercial\nproperties; and\n2. Approve and authorize the City Manager, or his designee, to execute the\nAssociate Membership Agreement with CEDA in substantially the form attached\nand in such final form as approved by the City Attorney; and\n3. Approve and authorize the City Manager, or his designee, to execute the\nIndemnification Agreement with CleanFund, the commercial program administrator\nthrough CEDA in substantially the form attached and in such final form as\napproved by the City Attorney.