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Ord 76AN CRDINANCE OF THE CITY OF PO~AY, CALIFORNIA ESTABLISHING A M~NICIPAL SOLAR UTILITY ~MEREAS, it is the policy of the City of Poway to encourage and promote the use of solar energy and conservation in order to strengthen the local economy, to gain greater energy self-reliance, and to maintain a good quality of life for its citizens, and ~I{EREAS, recent State Legislation, chapter 1552, Statutes of 1982, signed by the Governor on September 29, 1982, was enacted to clarify the solar energy tax credit eligibility of solar energy systems; and ~MEREAS, the Legislature amended Section 17052.5 and Section 23601 of the California Revenue and Taxation Code to provide certain specified tax credits to taxpayers who partially own and partially lease a solar energy syst~n frcm any lessor granted a permit frcm a Municipal Solar utility established by ordinance of the local jurisdiction prior to january 1, 1983; and ~{EREAS, the purpose for which a Municipal Solar utility is created by a local government is to conduct and support programs which prc~ote the utiliza- tion of renewable energy and energy conservation technologies; and ~EREAS, the council of The City of Poway wishes to implement programs through such a Municipal Solar Utility which w~uld thereby make taxpayers eli- gible for such ~mx credits as an incentive to install solar energy systems. NOW, THEREFORE, ~ IT CRDAINED, by the city Council of the city of Poway, as follows: Section 1. That a Municipal Solar Utility is hereby created for pur- poses of satisfying requirements contained in Section 17052.5 or Section 23601 of the California Revenue and Tax code; Section 2. The Municipal Solar Utility shall be under the direction and control of the City Manager; Section 3. The City Manager shall present for Council approval, rules and regulations governing the activities of the Municipal Solar Utility including a program whose primary activity will be issuing permits to qualified solar leasing businesses, and establishing Permittee, and/or consumer protection criteria. Such rules and regulations shall be approved by Council reso- lution. Ordinance No. 76 Page 2 Section 4. This ordinance shall take effect thirty (30) days after adop- tion and shall within fiftccn (15) days of adoption, be published with the names of the Councils voting for and against the same in the Poway New~ Chieftain, a newspaper of general circulation, printed and circulated within the City of Poway. Intreducad and first read at a regular n~ccting of the City Council of the City of Poway held the 23rd day of November, 1982, and thereafter PASSED AND ADOPTED at a regular m~eting of said City Council held the 30th day of November, 1982, by the following roll call vote: AYES: COUNCI~: ~9~RY, ORAV~C, SHEPARDSON NOES: OOUNCII2~:~S: NONE ABSENT: COUNCITA~RS: ERUSE, TARZY Mary L. ~epard~on, Mayor Marjorie~... Wahlsten, City Clerk