City of Biddeford, ME
York County
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This chapter shall be known and may be cited as the "City of Biddeford Property Assessed Clean Energy (PACE) Ordinance" (the "chapter").
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:
An improvement to qualifying property that is new and permanently affixed to qualifying property and that:
Will result in increased energy efficiency and substantially reduced energy use and:
Meets or exceeds applicable United States Environmental Protection Agency and United States Department of Energy Energy Star program or similar energy efficiency standards established or approved by the Trust; or
Involves air sealing, insulating, and other energy efficiency improvements of residential, commercial or industrial property in a manner approved by the Trust; or
Involves a renewable energy installation, a system capable of utilizing off-peak power for thermal storage, or systems that otherwise meet or exceed standards established or approved by the Trust.
The City of Biddeford.
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.
An assessment made against qualifying property to repay a PACE loan.
The area within which the municipality establishes a PACE program hereunder, which is all that area within the municipality's boundaries.
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.
A mortgage securing a loan made pursuant to a PACE program to fund energy-saving improvements on qualifying property.
A program established under state statute by the Trust or a municipality under which property owners can finance energy-saving improvements on qualifying property.
Real property located in the PACE district of the municipality.
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.
The Efficiency Maine Trust established in 35-A M.R.S.A. § 10103 and/or its agent(s), if any.