Loading...
Ordinance 051-18Dayton Legal Blank, Inc. Ordinance No. 51-18 RECORD OF ORDINANCES Form No. 30043 Passed .20 AN ORDINANCE AUTHORIZING AND APPROVING AN ENERGY PROJECT COOPERATIVE AGREEMENT BY AND BETWEEN THE CITY OF DUBLIN, OHIO, THE COLUMBUS REGIONAL ENERGY SPECIAL IMPROVEMENT DISTRICT, OMNI BLAZER LLC, AND THE COLUMBUS -FRANKLIN COUN17Y FINANCE AUTHORITY, A SPECIAL ASSESSMENT AGREEMENT BY AND BETWEEN THE C -TY OF DUBLIN, OHIO, THE COUNTY TREASURER OF FRAAKLIN COUNTY, OHIO, THE COLUMBUS -FRANKLIN COU14TY FINANCE AUTHORITY, THE COLUMBUS REGIONAL ENERGY SPECIAL IMPROVEMENT DISTRICT, AND OMNI BLAZER LLC, AND RELATED AGREEMENTS, ALL OF WHICH PROVIDE FOR THE FINANCING OF SPECIAL ENERGY IMPROVEMENTS PROJECTS, AND DECLARING AN EMERGENCY WHEREAS, Omni Blazer LLC (together its affiliates or controlled entities, the "Owner'? has submitted its Petition for Special Assessments for Special Energy Improvement Projects and Affdavit(the "Petition') in order to provide for the completion of a special energy improvement project on real property owned by the Owner in the City of Dublin, Ohio (the "City'); and WHEREAS, on July 2, 2018 this Council approved the Petition and added the Owner's property subject to the Petition to the Columbus Regional Energy Special Improvement District (the "District'); and WHEREAS, on July 2, 2018, this Council duly adopted a Resolution declaring the necessity of acquiring, constructing, and improving certain public improvements in the City in cooperation with the District (the "Resolution of Necessity'); and WHEREAS, on" 1&�d_ 20,18, this Council passed Ordinance No. 49-18 _1Z determining to procl with the Project (as defined in the Resolution of Necessity) and adopted the estimated Special Assessments filed with the Clerk of the Council pursuant to the Resolution of Necessity; and WHEREAS, pursuant to Ordinance No. 50-18 passed on , 2018, the City has levied special assessments against the Property (as deflned6A the Resolution of Necessity) to pay costs of the special energy improvement project (the "Special Assessments"); and WHEREAS, the City intends to enter into an Energy Project Cooperative Agreement (the "Energy Project Cooperative Agreement') with the District, the Owner, and the Columbus - Franklin County Finance Authority (the "Finance Authority'? to provide for, among other things, (i) the making of the Project Advance (as defined in the Energy Project Cooperative Agreement) to pay costs of the Project, (ii) the disbursement of the Project Advance for the acquisition and construction of the Project and the transfer of the Special Assessments by the City to the Finance Authority to pay principal and interest and other costs relating to the Project Advance; and WHEREAS, to provide for the security for the Project Advance and for administration of payments on the Project Advance and related matters, the City intends to enter into the Special Assessment Agreement with the County Treasurer of Franklin County, Ohio, the Finance Authority, the District, and the Owner; NO/W. THEREFORE, BE IT ORDAINED by the Council of the City of Dublin, State of Ohio '0 _of the elected members concurring that: Section 1. Each capitalized term or definition not otherwise defined in this Ordinance or by reference to another document shall have the meaning assigned to it in the Resolution of Necessity. Section 2. This Council hereby approves the Energy Project Cooperative Agreement, a copy of which is on file in the office of the Clerk of Council. The City Manager shall sign and deliver, in the name and on behalf of the City, the Energy Project Cooperative Agreement, in substantially the form as is now on file with the Clerk of Council. The Energy Project Cooperative Agreement is approved, together with any changes or amendments that are not inconsistent with this Ordinance and not substantially adverse to the City and that are RECORD OF ORDINANCES Dayton Legal Blank, Inc. Form No. 30043 Ordinance No. Passed Page 2 of 2 20 approved by the City Manager on behalf of the City, all of which shall be conclusively evidenced by the signing of the Energy Project Cooperative Agreement or amendments to the Energy Project Cooperative Agreement. Section 3. This Council hereby approves the Special Assessment Agreement a copy of which is on file in the office of the Clerk of Council. The City Manager shall sign and deliver, in the name and on behalf of the City, the "Special Assessment Agreement, in substantially the form as is now on file with the Clerk of Council. The Special Assessment Agreement is approved, together with any changes or amendments that are not inconsistent with this Ordinance and not substantially adverse to the City and that are approved by the City Manager on behalf of the City, all of which shall be conclusively evidenced by the signing of the Special Assessment Agreement or amendments to the Special Assessment Agreement. Section 4. The City is hereby authorized to enter into such other agreements that are not inconsistent with the Resolution of Necessity and this Ordinance and that are approved by the City Manager on behalf of the City, all of which shall be conclusively evidenced by the signing of such agreements or any amendments to such agreements. Section 5. This Council finds and determines that all formal actions of this Council concerning and relating to the passage of this Ordinance were taken in an open meeting of this Council, and that all deliberations of this) Council and of any of its committees that resulted in such formal action, were in meetings open to the public, in compliance with all legal requirements including Ohio Revised Code Section 121.22. Section 6. Under Section 4.04 of the Charter of the City, this Ordinance is an Ordinance for improvements petitioned for by owners of the requisite majority (100%) of the front footage or the area of the property bene-fited and to be assessed, and declared to be an emergency measure nfece�saor the immediate preservation of the public peace, health, safety, or welfare of thfor the further reason that this Ordinance is required to be immediately effective o facilitate the construction of the Project; wherefore, this Ordinance shall be in fd effect immediately upon its passage. Sidn�d: Mayor —Presiding Wcer Attest: Clerk of Council Passed: 2018 Effective: , 2018 GENERAL CERTIFICATE Dated: August 28, 2018 The undersigned, Anne C. Clarke, of the City of Dublin, Ohio (the "City"), hereby certifies as follows: 1. The following individuals were officers of the City and members of City Council during the period July 1, 2018 through the date of this Certificate: City Manager Dana L. McDaniel Finance Director Angel L. Mumma Director of Law Jennifer D. Readler Clerk of Council Anne C. Clarke Mayor Gregory S. Peterson Vice Mayor Chris Amorose Groomes Member of Council Christina A. Alutto Member of Council Cathy De Rosa Member of Council Jane E. Fox Member of Council Michael H. Keenan Member of Council John G. Reiner 2. Regular meetings of the Council of the City are held at 7:00 p.m. on the second and fourth Monday of each month at City Hall, 5200 Emerald Parkway, Dublin, Ohio. 3. On or before July 2, 2018 and prior to the approval of Resolution No. 38-18 and Resolution No. 39-18, the following items were on file in the office of the Clerk of Council: (A) The Petition for Special Assessments for Special Energy Improvement Projects (the "Petition"); and (B) Columbus Regional Energy Special Improvement District Program Plan Supplement to Plan for 4860-5000 Blazer Parkway, Dublin, Ohio (the "Plan"); 4. For the period July 1, 2017 through the date of this Certificate, Colleen M. Gilger, the Director of Economic Development, and Jeremiah L. Gracia, the Economic Development Administrator, have been duly appointed by the City to serve as directors on the Board of Directors of the Bexley, Columbus, Dublin, Grove City, Hilliard, Perry Township, Whitehall, Worthington, Regional Energy Special Improvement District (the "District'), all pursuant to Ohio Revised Code Chapter 1710 and the Articles of Incorporation of the District, as amended and on file with the Secretary of State of Ohio as of November 22, 2016. 5. On or before August 13, 2018 and prior to the approval of (i) Ordinance No. 49-18, (ii) Ordinance No. 50-18, and (iii) Ordinance No. 51-18, the following items were on file in the office of the City Clerk: (A) The Petition; (B) The Plan; (C) A substantially final form of the Special Assessment Agreement; and (D) A substantially final form of the Energy Project Cooperative Agreement. 6. With respect to the proceedings pertaining to Resolution No. 38-18, Resolution No. 39-18, Ordinance No. 49-18, Ordinance No. 50-18, and Ordinance No. 51-18 (the "Assessment Proceedings"): (A) All meetings of the City Council, and of its committees and any other public bodies, at which the formal actions pertaining to the Assessment Proceedings were taken, or at which deliberations that resulted in such formal actions were held, were open meetings, and such formal actions were taken and any such deliberations took place while such meetings were open to the public, in compliance with all legal requirements, including Ohio Revised Code Section 121.22. (B) All requirements and procedures for giving notice and notification of the meetings referred to in paragraph (A) above were complied with and any person could have determined, in advance of any such meeting, the time and place of any regular meeting and the time, place and purposes of any special meeting by contacting the offices of the City during regular business hours. [Signature Page Follows] 2 Iv By ,P ° a�' ., VAII Name: Anne C. Clarke Title: --Clerk of Council [Signature Page to General. Certificate of City of Dubfin, Ohio] • rost , rown TddLLG ATTORNEYS August 28, 2018 Columbus -Franklin County Finance Authority Columbus, Ohio Bricker & Eckler LLP Columbus, Ohio Re: City of Dublin, Ohio Special Assessments With Respect to Bexley, Columbus, Dublin, Grove City, Hilliard, Perry Township, Whitehall, Worthington, Regional Energy Special Improvement District Ladies and Gentlemen: I am the Law Director of the City of Dublin, Ohio, a municipal corporation in the State of Ohio (the "City"). I have provided advice to the City in connection with a special assessment levied by the City with respect to a special energy improvement project undertaken by the Bexley, Columbus, Dublin, Grove City, Hilliard, Perry Township, Whitehall, Worthington, Regional Energy Special Improvement District (the "District") and Omni Blazer LLC (the "Owner"). I am delivering this opinion letter, as requested by the Columbus -Franklin County Finance Authority, an Ohio port authority and body corporate and politic (the "Finance Authority"), as the provider of the "Project Advance," as that term is defined in the Energy Project Cooperative Agreement dated as of August 28, 2018 (the "Energy Project Cooperative Agreement") by and between the District, the Owner, the Finance Authority, and the City. All terms used in this opinion letter with initial capitalization when the rules of grammar would not so require and not defined in this opinion letter shall have the meanings given them in the Energy Project Cooperative Agreement. I have examined the original, certified copies or copies otherwise identified to my satisfaction as being true copies of the following: a. A copy of the Energy Project Cooperative Agreement, executed by the City; b. A copy of the Special Assessment Agreement, dated as of August 28, 2018 (the "Special Assessment Agreement") by and among the County Treasurer of Franklin County, Ohio (the "Treasurer"), the City, the Finance Authority, the District, and the Owner, executed by the City; C. The Petition for Special Assessments for Special Energy Improvement Projects (the "Petition"), filed by the Owner on or before July 2, 2018, requesting that the City levy special assessments on certain real property to pay the costs of certain special energy improvement projects; d. Columbus Regional Energy Special Improvement District Program Plan— Supplement to Plan for 4860-5000 Blazer Parkway, Dublin, Ohio (the "Plan"), describing the special energy improvement projects to be constructed, acquired, equipped, installed, and improved within the District pursuant to the Petition; e. A certified copy of Resolution No. V]-18 (the "Approving Resolution"), adopted by the Council of the City (the "City Council") on July 2, 2018; f. A certified copy of Resolution No. 'W (the "Resolution of Necessity"), adopted by the City Council on July 2, 2018; g. A certified copy of Ordinance No. JU-18 (the "Ordinance to Proceed"), adopted by the City Council on August 27, 2018; h. A certified copy of Ordinance No. W-18 (the "Ordinance Levying Assessments"), adopted by the City Council on August 27, 2018; and A certified copy of Ordinance No. M-18 (the "Ordinance Approving Project Documents"), adopted by the City Council on August 27, 2018. The Petition, the Plan, the Approving Resolution, the Resolution of Necessity, the Ordinance to Proceed, the Ordinance Levying Assessments, and the Ordinance Approving Project Documents are referred to in this opinion letter as the "Assessment Proceedings." From such examination, it is my opinion, as Law Director of the City, that: The City is duly organized and validly existing as a municipal corporation and political subdivision of the State of Ohio. 2. The City has full legal right, power and authority to enter into and perform its obligations under the Energy Project Cooperative Agreement and the Special Assessment Agreement. 3. The Energy Project Cooperative Agreement and the Special Assessment Agreement have each been duly authorized, executed and delivered by the City. 4. The execution and delivery of the Energy Project Cooperative Agreement and the Special Assessment Agreement, the performance by the City of its obligations -2- thereunder, the provisions thereof, and the consummation by the City of the transactions contemplated thereby, including the provisions regarding assignment of the special assessments levied by the Assessment Proceedings, will not to the best of my knowledge without independent examination, violate, conflict with or constitute on the part of the City a breach of or a default under: (i) any applicable Ohio or federal law, including any usury law or any other law, -administrative regulation, court order or consent decree of the State of Ohio or any department, division, agency or instrumentality thereof or of the United States to which the City is subject; or (ii) any agreement, resolution, or instrument to which the City is a party or by which its property is bound. 5. There is not pending or, to the best of my knowledge without independent inquiry, threatened against the City any action, suit or proceeding at law or in equity or before any court, tribunal, government body, agency or official or any arbitrator that is likely to affect the legality, validity, or enforceability against the City of the Energy Project Cooperative Agreement, the Special Assessment Agreement or the Assessment Proceedings or its ability to perform its obligations under the Energy Project Cooperative Agreement, the Special Assessment Agreement or the Assessment Proceedings. In rendering the opinions expressed above, and in my examination of the documents described above, I have assumed the genuineness of all signatures (other than signatures of officers or officials of the City), the authenticity of documents submitted to me as originals, the conformity with the original documents of all documents submitted to me as copies, and the authenticity of the originals of such latter documents. I have relied upon written statements of governmental officials and officers and other representatives of the City and upon representations made in or pursuant to documents, and I have assumed compliance on the part of the City with its covenants and agreements in the documents, and the accuracy of the representations and warranties therein. I have also assumed: (i) the due existence of each such other party to the Energy Project Cooperative Agreement and Special Assessment Agreement; (ii) the legal right and power of each such other party under all applicable laws and regulations to execute, deliver and perform their respective obligations under the Energy Project Cooperative Agreement and Special Assessment Agreement; (iii) the due authorization, execution, delivery and performance by each such other party of the respective Energy Project Cooperative Agreement and Special Assessment Agreement to which they are parties; and (iv) the validity, binding effect and enforceability in accordance with their respective terms against each such other party of the Energy Project Cooperative Agreement and Special Assessment Agreement. This opinion letter is limited to the matters expressly stated above: This opinion letter is delivered solely to the addressees listed above and may not be relied upon by any other persons for any reason without my consent. It is the responsibility of the addressee to evaluate the accuracy, completeness and usefulness of any opinion, answer or other content in this opinion letter. Please seek the advice of professionals, as appropriate. This opinion letter does is not intended to and does not create an -3- attorney-client privilege between the undersigned and the addressee, and under no circumstances will the undersigned, the City, or the District be liable for any loss or damage caused by an addressee's reliance on information contained in this opinion letter. Respectfully ubm'tted, Skn fifer adler La Director M Ordinance 51-18 Cid of Dublin office of the City Manager 5200 Emerald Parkway ® Dublin, OH 43017-1090 Phone, 614-410-4400 s Fax; 614-410-4490 —Memo To: Members of Dublin City Council i From; Dana L, McDaniel, City Mana Date; August 9, 2018 Initiated By, Colleen Gilger, Director of Economic Development Jeremiah Gracia, Economic Development Administrator Rachel Ray, Economic Development Administrator Re., Ordinances 49-18, 50-18 and 51-18 - RE: Property Assessed Clean Energy (PACE) Special Improvement for 4860-5000 Blazer Parkway Background The City of Dublin is focused on setting appropriate conditions to encourage investment and economic development, City Council continues to support our strategies and tactics to ensure Dublin's office space remains competitive in the market as supported by the Dublin Corporate Area Plan, One particular tool the economic development team has brought to existing building owners' attention is the use a favorable financing tool for major building energy efficiency improvements, Property Assessed Clean Energy (PACE) programs represent a great mechanism available for financing energy efficiency and renewable energy improvement projects. PACE -enabling legislation is active in 33 states plus the District of Columbia, and PACE programs are now active (launched and operating) in 19 states plus DC. PACE allows qualifying energy improvements to be financed through assessments on a property owner's real estate tax bill. A summary of PACE is provided as an attachment to this memo, PACE special assessments are used to secure local government bonds issued to fund the improvements without requiring the borrower or the sponsoring local government to pledge its credit, By allowing participating property owners to pay for energy improvements to their properties via a bond issue tied to a special assessment on their property tax bill, PACE financing enables property owners to reduce energy costs with little to no upfront investment. Financing for PACE eligible projects in Central Ohio is provided by the Columbus -Franklin County Finance Authority (Finance Authority), The Finance Authority established the Columbus Regional Special Improvement District that allows for additional properties within the City of Columbus, Ohio and within any municipal corporation or township that is adjacent to any other municipal corporation or township to opt -in to the District. Projects between $200,000 - $6,000,000 may be financed through the Finance Authority's bond fund, Eligible uses of funds include LED lighting, energy management and controls that includes, HVAC and boiler replacement, building envelope, and other improvements that result in bottom line operation savings for building owners and tenants, The building ownership at 4860-5000 Blazer Parkway is requesting the use of PACE Financing for its energy efficiency improvement project totaling $816,630, A signed PACE Project Development Memo re, Ord, 49-18, 50-18 and 51-18 m PACE for 4860.5000 Blazer Parkway August 9, 2018 Page 2 of 3 Agreement has been executed between the owner, Omni Blazer LLC, and the project manager, Plug Smart, The scope of work includes LED lighting upgrades, HVAC Upgrades, and other temperature control upgrades. In order to satisfy this request, the City of Dublin must pass a series of Resolutions and Ordinances, These Resolutions and Ordinances allow building ownership to opt -in to the Regional Special Improvement District, The City has no financial obligations with the establishment of a Special Improvement District for this project, The City simply serves as a pass through entity for the project financing, Therefore, these Ordinances set for reading on August 13 and 27 are titled as emergencies to allow for closing to take place following the second reading on August 27, 2018, Timing is of the essence for these documents so that the building owner may schedule a closing and complete the necessary energy improvements to their office building. Recommendation Staff recommends Council passage of Ordinance Nos, 49-18, 50.18 and 51-18 by emergency at the second reading/public hearing on August 27, 2018. Please feel free to contact Jeremiah Gracia or Rachel Ray with any questions, Memo re, Ord, 49.18, 50.18 at 5Id8 • PACE for 4860.5000 Blazer Parkway August 9, 2018 Page 3 of 3 111 WHAT IS PACE? Property Assessed Clean Energy IPACEI k a hnancmq meahannm That mabits Irnvcasl long-term hridim for energy elhciemy, ancwable energy and water Conservation prge(t5 call hmmcing is repaid as anasseunenl on the propnlys regular lax NII, and n processed the same way as other local public benehl assessments (sidewalks, sewersl It been la dxadeL Depending on local legislation PACE can be used Ci commeroal, nonprohtand residential preperhK HOW DOES IT WORK? PACT is anadmalinioatiwe, but programs areeslablshed Iocallyand taiks red tomeet regional market needs, Slate IerpsWuon a passed that althoriaes municipal to tell PACE programs, and local grnernments have dewbped a variety of Irrogmm models that have been lucCesslully Implemented. Regardless of model, there are several keystones that hold uxfor every PACE until PACE is votumaryfor all parties uwolwd, PACE can Cavin ll a prgafs hard and soft costs. tong financing terms up to 20 years (an be combined with utility, tical and federal Intel programs, Energy projects are pnnwnently affixed to a properly. The PACEasseument is fr edwith the local nwnklpalhyasa lbnonthepmpeny, WHY IS IT SO POPULAR? Property owNrs love PACE because they can rued pmM[Is with no oW-abpaMet costs .SilPACE financing termsintend tol0years, IfspossibletouMntaEedeep, cnnphehensfve se la (hal haw meaningful energy savings and a spnlhaanl impact on the bottom IIx, The annual energy s usrgs for a PACE pho ect usually exceedstheannual assessment payment sopmpertyownes5are cast, flow Costive immedlatehy. Thal means there are increased dollars flat Can be spent on other capital pralects, budgetary expenses, or budness expamlon. Localgovemmenls love PACE because ll'sm Ctonen idhwiopment no auve that lowers the cost of doing business in Iheh canmumtyit encourages new business owners to Invest in the area, and Coates jobs using the dotal worlrgm. PAC[ projects also have a pool impact of all quality, crealing healthel more livabee nctghItAounit HOW CAN I GET PACE? wwA..PAC[Natimnus has all llw loads and resources you Ned to qct staAed with PACE, Check to see if your Rate has passed a PACE slalule, and it your area has an a If I Ve program d AOL Contact u s Wool Ouul t here er a local initial I vein dew lot and we may be All to put you in hooch with a waking coaltlon. We look forward to headnq from you' BENEFITS OF PACE