[Ord. of 9-21-2010(1)]
PACE Administration Contract. Pursuant to 35-A M.R.S.A. § 10
I 54(2)(A)(2) and (B), the municipality will enter into a PACE administration
contract with the trust to administer the functions of the PACE program
for the municipality. The PACE administration contract with the trust
will establish the administration of the PACE program including, without
limitation, that:
a.
The trust will enter into PACE agreements with owners of qualifying
property in the municipality's PACE district;
b.
The trust, or its agent, will create and record a notice of the PACE
agreement in the Waldo County Registry of Deeds to create a PACE mortgage;
c.
The trust, or its agent, will disburse the PACE loan to the property
owner;
d.
The trust, or its agent, will send PACE assessment statements with
payment deadlines to the property owner;
e.
The trust, or its agent, will be responsible for collection of the
PACE assessments;
f.
The trust, or its agent, will record any lien, if needed, due to
nonpayment of the assessment;
g.
The municipality, or the trust or its agent on behalf of the municipality,
promptly shall record the discharges of PACE mortgages upon full payment
of the PACE loan.
[Ord. of 9-21-2010(1)]
In conjunction with adopting this ordinance, the municipality
shall adopt and implement an education and outreach program so that
citizens of the municipality are made aware of home energy saving
opportunities, including the opportunity to finance energy saving
improvements with a PACE loan.
[Ord. of 9-21-2010(1)]
The municipality will assist and cooperate with the trust in
its administration of the municipality's PACE program.
[Ord. of 9-21-2010(1)]
PACE assessments do not constitute a tax but may be assessed
and collected by the trust in any manner determined by the trust and
consistent with applicable law.
[Ord. of 9-21-2010(1)]
a.
Notwithstanding any other provision of law to the contrary, municipal
officers and municipal officials, including, without limitation, tax
assessors and tax collectors, are not personally liable to the trust
or to any other person for claims, of whatever kind or nature, under
or related to a PACE program, including, without limitation, claims
for or related to uncollected PACE assessments.
