A.
PACE administration contract. Pursuant to 35A 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,
shall promptly 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.
