[Ord. No. 958, 3-14-2019]
A. 
The City hereby approves and authorizes joining and participating in Show Me PACE based on the following:
1. 
Title and Definitions.
a. 
Title. This Ordinance shall be known and may be cited as "The City of Wright City, Missouri Property Assessed Clean Energy Ordinance."
b. 
Definitions. Except as specifically defined below, words and phrases used in this Ordinance shall have their customary meanings. Words and phrases defined in Section 67.2800.2 of the Missouri Revised Statutes, as amended, shall have their defined meanings when used in this Article. As used in this Article, the following words and phrases shall have the meanings indicated.
PACE FUNDING
Funds provided to the owner(s) of qualifying property by the district for an energy efficiency, water conservation or renewable energy improvement.
PACE ASSESSMENT
A special assessment made against qualifying property in consideration of PACE Funding.
QUALIFYING PROPERTY
Real property located in the City of Wright City, Missouri, that satisfies the criteria set forth in the PACE Act.
SHOW ME PACE or DISTRICT
The Show Me PACE Clean Energy Development Board.
2. 
Program Administration. Show Me PACE shall administer the functions of a PACE program within the City by:
a. 
Providing property owners with an application to apply for PACE Funding;
b. 
Developing standards for the approval of projects submitted by Qualifying Property owners;
c. 
Reviewing applications and selecting qualified projects;
d. 
Entering into Assessment Contracts with Qualifying Property owners;
e. 
Providing a copy of each executed Notice of Assessment to the County Assessor and causing a copy of each such Notice of Assessment to be recorded in the real estate records of the Recorder of Deeds for the County;
f. 
Authorizing and disbursing PACE Funding to the Qualifying Property owners;
g. 
Receiving the PACE Assessment from the County Collector;
h. 
Recording any lien, if needed, due to nonpayment of a PACE Assessment; and
i. 
Exercising all powers granted by Section 67.2810.2 of the Missouri Revised Statutes, as amended, including, but not limited to, the power to levy and collect the PACE Assessment pursuant to an Assessment Contract with a qualifying property owner.
3. 
Liability Of City Officials; Liability Of City. Notwithstanding any other provision of law to the contrary, officers and other officials of Wright City, Missouri shall not be liable to any person for claims, of whatever kind or nature, under or related to the City's participation in the PACE program, including, without limitation, claims for or related to uncollected PACE Assessments. The City of Wright City, Missouri has no liability to a property owner for or related to energy savings improvements funded under a PACE Program. Pursuant to the PACE Act, the district is a separate political subdivision and is not a unit of the City of Wright City.
4. 
Existing Laws Not Superseded. Any project or improvement at any qualifying property which is funded in whole or in part of PACE Funding shall be subject to all ordinances, rules and regulations in effect at that time.
5. 
City As A Non-Party. The City of Wright City, Missouri shall not be a party to any PACE Funding agreement, loan, or other commitment, however denominated, executed between the district and the owner(s) (or their representatives, together with any successors and assigns) of any qualifying property.
[Ord. No. 958, 3-14-2019]
The City of Wright City, Missouri declares its intent that the provisions of this Ordinance shall be in conformity with federal and state laws. The City enacts this Ordinance pursuant to Sections 67.2800 to 67.2835 of the Missouri Revised Statutes, as amended.
[Ord. No. 958, 3-14-2019]
The City of Wright City, Missouri does hereby request that it be approved by the Board of Directors of Show Me PACE as a duly authorized participant in the District. The City of Wright City hereby approves the Show Me PACE Cooperative Agreement among the district and the participating municipalities in substantially the form attached hereto as Exhibit A (the "Cooperative Agreement").[1] The Board of Aldermen of the City of Wright City hereby authorized the Mayor to execute the Cooperative Agreement on behalf of the City.
[1]
Editor's Note: Said exhibit is on file in the City offices.
[Ord. No. 958, 3-14-2019]
The election of the City of Wright City, Missouri to join the district shall in no way constitute an obligation of the City necessitating any corresponding appropriation.