FINANCIAL_SERVICESONGOING

City Establishes Fund For PACE Equity Pass-Through

Painesville is formalizing an agency fund to pass through approximately $170,000 per year in C-PACE assessments to PACE Equity, which financed energy improvements for The Tower dormitory project. The City acts solely as a conduit between the County Auditor and PACE Equity.

Status
ONGOING
Document date
January 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pace Equity
Agency
Town of Painesville · OH

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
C-PACE assessment payments of about $170,000 annually continue for the term of the financing agreement between Renew Partners and PACE Equity, remitted via the City as a pass-through entity.
Document type
AgendaPacket
Source document
City of Painesville Council Agenda Packet 2026-01-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Painesville?

Pace Equity was awarded this financial services contract by Town of Painesville, as recorded on January 9, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Painesville Council Agenda Packet 2026-01-09 (AgendaPacket), dated January 9, 2026 from Town of Painesville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pace Equity hold?

Pace Equity may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Painesville currently buying?

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