PACE Assessment definition

PACE Assessment means a special assessment made against qualifying property in consideration of PACE Funding.
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PACE Assessment or "assessment" means the special assessment placed on a
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PACE Assessment means the special assessment placed on a PACE property in
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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”).

  • 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.

  • The PACE Assessment Term is at the discretion of the Property Owner and Capital Provider, provided that the term does not exceed the weighted average useful life of the measures.

  • The PACE Assessment Memorandum is recorded in the land records of the District and a PACE Revenue Note is issued by the Mayor of the District of Columbia to the Capital Provider, thereby making it a Closed Project.

  • The Property Owner will pay the PACE Assessment to the District semi- annually no later than March 31 and September 15 of each year; the same due dates for semiannual ad valorem property taxes.


More Definitions of PACE Assessment

PACE Assessment means an assessment made against qualifying property to repay a PACE loan.
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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.
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PACE Assessment means a given annual PACE Assessment levied as an Assessment pursuant to Section 13-3205(7) of the Act.
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PACE Assessment means a voluntary contractual assessment, voluntary special tax, or special tax, as defined in the Public Resources Code. (Fin. Code,
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PACE Assessment or "assessment" means the special assessment placed on a PACE property owner's property tax or other special assessment ▇▇▇▇, to be collected by 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.
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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.
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PACE Assessment means the non-ad valorem assessment securing repayment of financing offered to a property owner for a qualifying improvement.
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