Maine Revised Statutes Title 35-A Sec. 10157 – Property owners
Current as of: 2023 | Check for updates
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1. Purchase of goods and services. A property owner who has entered into a PACE agreement under this chapter may purchase directly all goods and services for the energy savings improvements described in the PACE agreement, subject to vendor certification by the trust and other requirements of the trust. Goods and services purchased by a property owner for the energy savings improvements under a PACE agreement are not subject to any public procurement ordinance or statute.
[PL 2009, c. 591, §1 (NEW).]
Terms Used In Maine Revised Statutes Title 35-A Sec. 10157
- Contract: A legal written agreement that becomes binding when signed.
- Municipality: includes cities, towns and plantations, except that "municipality" does not include plantations in Title 10, chapter 110, subchapter IV; or Title 30?A, Part 2. See Maine Revised Statutes Title 1 Sec. 72
- PACE agreement: means an agreement 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. See Maine Revised Statutes Title 35-A Sec. 10153
- Statute: A law passed by a legislature.
- Trust: means the Efficiency Maine Trust established in section 10103. See Maine Revised Statutes Title 35-A Sec. 10153
2. Rights; carbon emissions reductions. Property owners retain all rights under contract or law against parties other than the municipality or the trust with respect to energy savings improvements financed through PACE agreements, except that all rights related to carbon emissions reductions resulting from those improvements are deemed to be assigned by the property owner to the trust and are held by the trust.
[PL 2009, c. 591, §1 (NEW).]
SECTION HISTORY
PL 2009, c. 591, §1 (NEW).