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File #: O-95-16    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 4/6/2016 In control: Labor and Economic Development Committee
On agenda: 4/28/2016 Final action: 4/28/2016
Title: AN ORDINANCE CREATING A NEW CHAPTER 165 OF THE LOUISVILLE METRO CODE OF ORDINANCES TO ESTABLISH AN ENERGY PROJECT ASSESSMENT DISTRICT PROGRAM PURSUANT TO KRS 65.205 - 65.209.
Sponsors: Bill Hollander (D-9), Rick Blackwell (D-12), Cindi Fowler (D-14), Vicki Aubrey Welch (D-13), David Tandy (D-4), Dan Johnson (D-21), Angela Leet (R-7)
Attachments: 1. ORD 057 2016
ORDINANCE NO. ____, SERIES 2016
Title
AN ORDINANCE CREATING A NEW CHAPTER 165 OF THE LOUISVILLE METRO CODE OF ORDINANCES TO ESTABLISH AN ENERGY PROJECT ASSESSMENT DISTRICT PROGRAM PURSUANT TO KRS 65.205 - 65.209.
BODY
SPONSORED BY: Councilmembers Bill Hollander, Rick Blackwell, Cindi Fowler, Vicki Aubrey Welch, David Tandy, Dan Johnson, Angela Leet


WHEREAS, KRS Sections 65.205 - 65.209 (the "EPAD Act") authorizes local governments in Kentucky to establish a program to advance the conservation and efficient use of energy and water resources by allowing for energy projects to be financed by assessments imposed upon the real property being improved through the energy project;
WHEREAS, to establish an Energy Project Assessment District ("EPAD") program, an ordinance or resolution shall be adopted providing the terms and conditions of the program, including the designation of the EPAD, a description of the EPAD boundaries, and the procedure for the property owners located in the EPAD area to petition Louisville Metro Government for participation in the program; and
WHEREAS, the Council determines it to be in the best interest of the citizens of Louisville Metro to establish an EPAD pursuant to the EPAD Act to enable certain property owners to finance energy saving improvements to their properties in Louisville Metro;
BE IT ORDAINED BY THE LEGISLATIVE COUNCIL OF THE LOUISVILLE/JEFFERSON COUNTY METRO GOVERNMENT (THE COUNCIL) AS FOLLOWS:

SECTION I: A new chapter 165 of the Louisville Metro Code of Ordinances is hereby enacted as follows:

? 165.01 Program Established.
There is hereby established an energy project assessment district ("EPAD") program pursuant to KRS 65.205 to 65.209 to advance the conservation and efficient use of energy and water resources within Louisville Metro by allowing for energy projects to be financed through assessments imposed upon the real property being improved through the energy project. Louisville/Jefferson Coun...

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