PACE Assessment definition

PACE Assessment means a special assessment made against qualifying property in consideration of PACE Funding.

PACE Assessment or "assessment" means the special assessment placed on a

PACE Assessment means the special assessment placed on a PACE property in

Examples of PACE Assessment in a sentence

• The District’s Board of Directors shall approve the specifics of the applicable C- PACE Assessment including, without limitation, the amount of the C-PACE Assessment, term, interest rate and repayment dates, which approval shall be set out in an assessing resolution (a “Resolution”).

• These provisions should be in any PACE Assessment Contract or supplemental financing agreement for which PACE Bonds are to be issued.

• Essentially, if there is no PACE Assessment, the market value of the PV system at each 5-year interval would be the value indicated by the income approach, and any adjustments made by the appraiser.

• If there is no existing debt on the property, the value of the PACE Assessment may be up to 35% of the property value.

• The C- PACE Assessment payments shall be a separate clearly defined line item and shall be due on the same dates as the County’s real property taxes.

More Definitions of PACE Assessment

PACE Assessment means a voluntary contractual assessment, voluntary special tax, or special tax, as described in subdivisions (a), (b), and (c) of Section 26054 of the Public Resources Code.

PACE Assessment means an assessment made against qualifying property to repay a PACE loan.

PACE Assessment means a given annual PACE Assessment levied as an Assessment pursuant to Section 13-3205(7) of the Act.

PACE Assessment or "assessment" means the special assessment placed on a PACE property owner's property tax or other special assessment bill, to be collected by RIIB on behalf of the PACE municipality in which that PACE property is located and remitted to the RIIB or lender that has financed that PACE project. The PACE assessment shall be owed by the current owner of the related PACE property as of the time each PACE assessment comes due. In the event of a transfer of ownership, all PACE assessments coming due after the date of the transfer, by foreclosure or otherwise, shall be owed by the transferee.

PACE Assessment means the non-ad valorem assessment placed on a property owner’s tax bill as a result of financing obtained pursuant to the PACE Financing Agreement.

PACE Assessment means the non-ad valorem assessment securing repayment of financing offered to a property owner for a qualifying improvement.

PACE Assessment means a special assessment made