PACE Statute definition

PACE Statute means Act 270 of the Michigan Public Acts of 2010, as amended, commonly referred to as the Property Assessed Clean Energy Act, MCL 460.931 et seq.
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PACE Statute means Wis. Stat. § 66.0627, as amended.
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PACE Statute means Illinois Property Assessed Clean Energy Act, as codified at 50 ILCS 50 (the ‘PACE Act’), as amended.
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Examples of PACE Statute in a sentence

  • Such powers shall include the power to make loans or otherwise arrange, participate in or facilitate the financing of energy or water efficiency improvement projects or renewable resource applica- tions as provided in the PACE Statute including, without limitation, the exercise of the power and authority, without further action by the Member, to impose special charges pursuant to the PACE Statute on real property within the Members’ jurisdictions.

  • On behalf of the PACE Commission, the PA ensures that PACE-financed projects are eligible for PACE Financing under the PACE Statute, the PACE Ordinance, and the Program Manual.

  • Such powers shall include the power to make loans or otherwise arrange, participate in or facilitate the financing of energy or water efficiency improvement projects or renewable resource applications as provided in the PACE Statute including, without limitation, the exercise of the power and authority, without further action by the Member, to impose special charges pursuant to the PACE Statute on real property within the Members’ jurisdictions.

  • With respect to any vote to approve the imposition of a special charge on real property pursuant to the PACE Statute, the following shall apply: A quorum with respect to such vote shall exist only if (A) a majority of the Directors are present, and (B) a majority of the Directors who are present are Representative Directors.

  • The PACE Statute enables “political subdivisions” (counties, cities, towns and villages) to impose a special charge on real property to secure loans made for energy efficiency, water conservation and renewable energy improvements (a “PACE Project”).

  • Such powers shall include the power to make loans or otherwise arrange, participate in or fa- cilitate the financing of energy or water efficiency improvement projects or renewable resource applications as provided in the PACE Statute including, without limitation, the exercise of the power and authority, without further action by the Member, to impose special charges pursuant to the PACE Statute on real property within the Members’ jurisdictions.

  • The Eligibility of the property owner is strictly defined within the PACE Statute and will be confirmed by LAGM review of the applicable county land records.

  • Such powers shall include the power to make loans or otherwise arrange, participate in or facilitate the financing of energy or water efficiency improvementprojects or renewable resource applications as provided in the PACE Statute including, without limitation, the exercise of the power and authority, without further action by the Member, to impose special charges pursuant to the PACE Statute on real property within the Members’ jurisdictions.

  • Such powers shall include the power to make loans or otherwise arrange, participate in or facilitate the financing of energy or water efficiency improvement projects or renewable resource applications as provided in the PACE Statute including, without limitation, the exercise of the power and authority, without further action by the Member, to impose special charges pursuant to the PACE Statute on real property within the Members' jurisdictions.

  • The Michigan PACE Statute ( Appendix A) authorizes local units of government to adopt property assessed clean energy programs and create districts that enable commercial property owners to finance renewable energy systems, energy efficiency improvements, water usage improvements, and environmental hazard projects.

Related to PACE Statute

  • Statute means the Companies Act (As Revised) of the Cayman Islands.

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • Statutes means the Companies Act, the Electronic Transactions Act 1999 of Bermuda, and every other act (as amended from time to time) for the time being in force of the Legislature of Bermuda applying to or affecting the Company, the Memorandum of Association and/or these presents;

  • ADA means the Americans with Disabilities Act of 1990, as such act may be amended from time to time.

  • Uniform Network Code means the uniform network code as defined in Standard Special Condition A11(6) of National Grid’s transporters licence, as such code may be amended from time to time in accordance with the terms thereof.

  • Disabling Code means any virus, back door, timer or other limiting routine, instruction or design, or other malicious, illicit or similar unrequested code that may have the consequence (whether by design or unintentionally) of disrupting, disabling, harming, circumventing security controls or otherwise impeding in any manner the normal operation or performance of (i) any software or service or (ii) any UNICEF information system or network.

  • Chapter means a Chapter under this Part;

  • Act of 1994 means the Solicitors (Amendment) Act 1994 [No.27 of 1994];