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The original item was published from 12/13/2017 6:38:16 PM to 3/19/2018 12:00:02 AM.

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Posted on: December 14, 2017


The City of Miramar Commission voted affirmatively at its board meeting of November 27, 2017 to add the Florida Resiliency Energy District as an additional Property Assessed Clean Energy (“PACE”) provider within the City of Miramar’s program. 

May 18, 2016 marked the inception of the PACE program in the City, when the Commission approved interlocal agreements with the Green Corridor PACE District, the Florida Green Finance Authority, and the Florida PACE Funding Agency establishing these benefits for City residents.  The addition of the Florida Resiliency Energy District to the program makes it the fourth provider in the city’s PACE program.


PACE programs allow local governments to enable financing mechanisms for the cost of energy efficiency and renewable energy improvements on private property. The funding is paid back over time by the property owner through a non-ad valorem assessment on their property. This financing mechanism is based on a “land-secured financing district” or a special assessment district. Improvements are secured by the property itself and are paid in addition to the property owners’ property tax bill. Debts incurred through this financing program are tied to the property on which improvements are made.


When in effect, the PACE assessment is not a personal obligation of the property owner through a conventional loan or mortgage; but a non-ad valorem assessment on the property secured by a lien and collected as part of the regular tax collection process for the property.

Energy Conservation Benefits …It’s Right Here in Miramar™

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