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City of Houston, Texas Ordinance No. ___ AN ORDINANCE AMENDING A PROGRAM UNDER THE TEXAS PROPERTY ASSESSED CLEAN ENERGY (PACE) ACT OF 2013; AMENDING ORDINANCE NO. 20151040 TO AUTHORIZE THE DIRECTOR
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The PACE ordinance on form refers to the official documentation required for municipalities to implement Property Assessed Clean Energy (PACE) financing programs, which assist property owners in financing energy efficiency and renewable energy improvements.
Local government authorities, such as cities or counties that wish to establish a PACE financing program, are required to file the PACE ordinance on form.
To fill out the PACE ordinance on form, local authorities must provide details about the financing program, including eligibility requirements, the process for property owners to apply, and the terms and conditions of the financing.
The purpose of the PACE ordinance on form is to legally authorize the establishment of a PACE financing program, outlining the framework for property owners to access funding for energy improvements.
The form must report information such as the scope of the PACE program, the types of projects eligible for financing, the administrative procedure, and the responsibilities of property owners and local government.
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