PACEPACEProperty Property

Assessed Assessed

Clean Clean

EnergyEnergy

PACE Florida…PACE Florida…

• Created by the Florida Legislature, 2010 Session. Created by the Florida Legislature, 2010 Session.

• Signed by Gov. Crist, May 28Signed by Gov. Crist, May 28thth

• Creates jobs Creates jobs

• Property owners save money Property owners save money

• Reduces energy use & costs to consumersReduces energy use & costs to consumers

PACE Collier…PACE Collier…

• A secured home improvement programA secured home improvement program

• Property owners borrow from county fund poolProperty owners borrow from county fund pool

• Loans pay for energy efficient, hurricane-Loans pay for energy efficient, hurricane-hardening property improvements hardening property improvements

• Loans are repaid as assessments over 20 yearsLoans are repaid as assessments over 20 years

• Reduced energy & insurances costs more than Reduced energy & insurances costs more than pay for loan/assessments. pay for loan/assessments.

PACE Collier…PACE Collier…

• Creates hundreds, maybe thousands, of jobs in Creates hundreds, maybe thousands, of jobs in construction sectorconstruction sector

• Costs property owners nothing, saves moneyCosts property owners nothing, saves money

• Does not costs taxpayers a dimeDoes not costs taxpayers a dime

• Does not increase county debt obligationDoes not increase county debt obligation

• Reduces energy costs, useReduces energy costs, use

PACE Collier…PACE Collier…

•Quicken the PACE of job Quicken the PACE of job creationcreation

•Reduce the PACE of energy Reduce the PACE of energy costs & usecosts & use