PROVIDING SUPPLEMENTAL AUTHORITY WITH RESPECT TO THE PROPERTY ASSESSED CLEAN ENERGY (“PACE”) PROGRAM

A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LAKE CLARKE SHORES, FLORIDA SUPPLEMENTING ITS RESOLUTION NO. 16-15; PROVIDING SUPPLEMENTAL AUTHORITY WITH RESPECT TO THE PROPERTY ASSESSED CLEAN ENERGY (“PACE”) PROGRAM OF THE FLORIDA DEVELOPMENT FINANCE CORPORATION (“FDFC”) AND THE FLORIDA RESILIENCY AND ENERGY DISTRICT (“FRED”) TO ALLOW PACE ADMINISTRATORS AUTHORIZED BY FDFC AND FRED FROM TIME TO TIME TO PROVIDE PACE FINANCING WITHIN THE JURISDICTIONAL LIMITS OF THE TOWN; AND PROVIDING FOR AN EFFECTIVE DATE.