[HISTORY: Adopted by the Town Meeting of the Town of Casco 6-8-2011 by Art. 27. Amendments noted
where applicable.]
By and through this chapter, the Town of Casco declares as its
public purpose the establishment of a municipal program to enable
its citizens to participate in a Property Assessed Clean Energy (PACE)
program so that owners of qualifying property can access financing
for energy saving improvements to their properties located in the
Town. The Town declares its purpose and the provisions of this chapter
to be in conformity with federal and state laws.
The Town enacts this chapter pursuant to Public Law 2009, Chapter
591, of the 124th Maine State Legislature, An Act To Increase the
Affordability of Clean Energy for Homeowners and Businesses, also
known as the "Property Assessed Clean Energy Act" or the "PACE Act"
(codified at 35-A M.R.S.A. § 10151 et seq.).
This chapter shall be known and may be cited as the "Town of
Casco Property Assessed Clean Energy (PACE) Ordinance."
Except as specifically defined below, words and phrases used
in this chapter shall have their customary meanings; as used in this
chapter, the following words and phrases shall have the meanings indicated:
- ENERGY SAVING IMPROVEMENT
- An improvement to qualifying property that is new and permanently affixed to qualifying property and that:
- A. Will result in increased energy efficiency and substantially reduced energy use and:
- (1) Meets or exceeds applicable United States Environmental Protection Agency and United States Department of Energy star program or similar energy efficiency standards established or approved by the Trust; or
- (2) Involves air sealing, insulating, and other energy efficiency improvements of residential, commercial or industrial property in a manner approved by the Trust; or
- (1)
- B. Involves a renewable energy installation or an electric thermal storage system that meets or exceeds standards established or approved by the Trust.
- MUNICIPALITY
- The Town of Casco.
- PACE AGREEMENT
- An agreement between the owner of qualifying property and the Trust that authorizes the creation of a PACE mortgage on qualifying property and that is approved in writing by all owners of the qualifying property at the time of the agreement, other than mortgage holders.
- PACE ASSESSMENT
- An assessment made against qualifying property to repay a PACE loan.
- PACE DISTRICT
- The area within which the municipality establishes a PACE program hereunder, which is all that area within the municipality's boundaries.
- PACE LOAN
- A loan, secured by a PACE mortgage, made to the owner(s) of a qualifying property pursuant to a PACE program to fund energy saving improvements.
- PACE MORTGAGE
- A mortgage securing a loan made pursuant to a PACE program to fund energy saving improvements on qualifying property.
- PACE PROGRAM
- A program established under state statute by the Trust or a municipality under which property owners can finance energy saving improvements on qualifying property.
- QUALIFYING PROPERTY
- Real property located in the PACE district of the municipality.
- RENEWABLE ENERGY INSTALLATION
- A fixture, product, system, device or interacting group of devices installed behind the meter at a qualifying property, or on contiguous property under common ownership, that produces energy or heat from renewable sources, including but not limited to photovoltaic systems, solar thermal systems, biomass systems, landfill gas to energy systems, geothermal systems, wind systems, wood pellet systems and any other systems eligible for funding under federal qualified energy conservation bonds or federal clean renewable energy bonds.
- TRUST
- The Efficiency Maine Trust established in 35-A M.R.S.A. § 10103 and/or its agent(s), if any.
A.
Establishment; funding. The municipality hereby establishes a PACE
program allowing owners of qualifying property located in the PACE
district who so choose to access financing for energy saving improvements
to their property through PACE loans administered by the Trust or
its agent. PACE loan funds are available from the Trust in municipalities
that:
(1)
Adopt a PACE ordinance;
(2)
Adopt and implement a local public outreach and education plan;
(3)
Enter into a PACE administration contract with the Trust to establish
the terms and conditions of the Trust's administration of the municipality's
PACE program; and
(4)
Agree to assist and cooperate with the Trust in its administration
of the municipality's PACE program.
B.
Amendment to PACE program. In addition, the municipality may from
time to time amend this chapter to use any other funding sources made
available to it or appropriated by it for the express purpose of its
PACE program, and the municipality shall be responsible for administration
of loans made from those other funding sources.
If the Trust adopts standards, promulgates rules, or establishes
model documents subsequent to the municipality's adoption of this
chapter and those standards, rules or model documents substantially
conflict with this chapter, the municipality shall take necessary
steps to conform this chapter and its PACE program to those standards,
rules, or model documents.
A.
PACE administration contract. Pursuant to 35-A M.R.S.A. § 10154(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:
(1)
The Trust will enter into PACE agreements with owners of qualifying
property in the municipality's PACE district.
(2)
The Trust, or its agent, will create and record a notice of the PACE
agreement in the appropriate county registry of deeds to create a
PACE mortgage.
(3)
The Trust, or its agent, will disburse the PACE loan to the property
owner.
(4)
The Trust, or its agent, will send PACE assessment statements with
payment deadlines to the property owner.
(5)
The Trust, or its agent, will be responsible for collection of the
PACE assessments.
(6)
The Trust, or its agent, will record any lien, if needed, due to
nonpayment of the assessment.
(7)
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.
B.
Adoption of education and outreach program. In conjunction with adopting
this chapter, 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.
C.
Assistance and cooperation. The municipality will assist and cooperate
with the Trust in its administration of the municipality's PACE program.
D.
Assessments not a tax. 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.
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.
