Public Hearing: YES ☐ NO ☒ Department: Tax Commissioner
SUBJECT:
Title
Commission District(s): All Districts
First Amendment to Agreement for Ad Valorem Tax Billing and Collection between the City of Atlanta and the Tax Commissioner of DeKalb County.
Body
Information Contact: Terri N. Gordon, Assistant Tax Commissioner
Phone Number: 404-298-3020
PURPOSE:
To consider approval of the First Amendment to the Agreement for Ad Valorem Tax Billing and Collection between the City of Atlanta and the Tax Commissioner of DeKalb County which would provide for the non-ad valorem taxation for those properties within the City of Atlanta that participate in the City of Atlanta’s Clean Energy PACE (Property Assessed Clean Energy) Program.
NEED/IMPACT:
The Atlanta City Council has authorized the creation of the PACE Program which provides commercial property owners with capital for energy efficiency, water conservation, and renewable energy improvements to conserve water and reduce the carbon footprint and greenhouse gas emissions. Each property owner who chooses to participate in the PACE Program has agreed to the imposition by the City of an non-ad valorem assessment to be levied upon the owner’s property to cover the cost of the capital improvements over an extended period of time.
The First Amendment amends the Tax Commissioner’s Agreement to Collect Ad Valorem Tax Billing and Collection to add the billing and collection of those non-ad valorem assessment associated with the PACE Program within the City of Atlanta and on behalf of the City.
FISCAL IMPACT:
None.
RECOMMENDATION:
Recommended Action
To approve the First Amendment to the Agreement for Ad Valorem Tax Billing and Collection between the City of Atlanta and the Tax Commissioner of DeKalb County and authorize the Chief Executive Officer to execute all necessary documents in a form acceptable to the County Attorney.