§ 10-15-106. PROVISION OF CLEAN ENERGY LOANS; ROLE OF THE COUNTY.

Latest version.

(a)

Provision of Clean Energy Loan.

(1)

Any private lender may provide Clean Energy Loans.

(2)

A Clean Energy Financing Agreement may contain any terms agreed to by the Clean Energy Lender and the property owner, as permitted by law, for the financing of Clean Energy Loans.

(b)

Role of the County. The County:

(1)

Shall serve only as a program sponsor to facilitate loan repayment by including the surcharge on the County real property tax bill for the property; and

(2)

May not:

(i)

Finance or fund any loan under the program; and

(ii)

Incur any liability for a loan.

(Bill No. 63-16 , § 1, 10-16-2016)

                    
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