Energy Improvement District No. 1
On Oct.15, 2013, the City Council for the City of Fayetteville, Arkansas, passed Ordinance No. 5624, which created a "Property Assessed Energy Improvement District", pursuant to Ark. Code Ann. §8-15-101 et seq., known as Energy Improvement District No. 1.
On Dec. 16, 2015, the City Council of the City of Springdale, Arkansas approved Springdale's participation in Energy Improvement District No. 1, a Property Assessed Energy Improvement District.
The District is authorized by law to permit the creation and implementation of, among other things, a property assessed clean energy (PACE) program under which a real property owner may finance an energy efficiency improvement, a renewable energy project, or a water conservation improvement for their property on a voluntary basis, with loan repayment tied to collection of real property taxes.
PACE enabling legislation was passed by the Arkansas Legislature in the 2013 session and signed by the Governor in April 2013. That legislation allows Cities, Counties, or the State to create Energy Improvement Districts within the State of Arkansas. The Arkansas Legislature noted that Energy Improvement Districts would benefit Arkansas by:
- Creating jobs and stimulating the economy
- Generating significant economic development
- Improving the state's air quality and conserving natural resources
- Increasing the value of real property
- Promoting energy independence and security for the nation and state
- Protecting citizens from the rising cost of electricity and non-renewable fuels
- Providing a positive cash flow on energy improvements
- Providing citizens with options for financing improvements that are otherwise not available
If the Mayor appoints a designee, they shall serve at the pleasure of the Mayor. Terms of all other members shall be two (2) years. In making its Board appointments, the City Council shall give due consideration to candidates with connections to or relations with local utility companies, lending or bonding institutions, and the advanced energy industry.
If you have any questions about the Energy Improvement District No. 1, please call the Springdale Engineering Department at 756-7716.
Members serve four-year terms.
If you would like to apply to serve on this board, please complete an application. Applicants must be registered to vote in Springdale. If there is not currently an opening on this board, please feel free to submit an application, and you will be notified once a position becomes available.
How to Apply
You can complete and submit the application online, or applications may be mailed to the Mayor's office (Attn: Rose Lawrence), submitted by hand at the Mayor's Office, or emailed.
If you have any questions, please call the Mayor's Office.