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12
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2018
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011618
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1/11/2018 12:12:25 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/16/2018
DESTRUCT DATE
15Y
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discuss with Participating Entity and/or to review the quality of the work and <br /> resolve matters of concern; (b)terminate this Agreement pursuant to the <br /> provisions of Section 5, Termination; or(c) pursue any and all other remedies <br /> available to ABAG at law or in equity. <br /> Financing Provision Requirements. <br /> The PACE Provider will: <br /> 2.3.1 Include a process to receive acknowledgement and confirmation of <br /> satisfaction with work completed from the applicant before project <br /> payment is disbursed and have a published dispute resolution process <br /> available for customers. <br /> 2.3.2 Provide summary of financing details (including assessment or special tax <br /> amount and terms, financing installments and estimated administrative <br /> expenses)to the applicant specific to the requested amount of the <br /> financing. <br /> 2.3.3 For residential properties, require an applicant's acknowledgment of the <br /> Federal Housing Finance Agency position on PACE by a separate <br /> signature/initial acknowledgement, in a Residential Disclosure Signature <br /> Form that is substantially similar in content to Attachment 1(a) or 1(b), as <br /> approved by ABAG. <br /> 2.3.4 Provide training to contractors and information to property owners on <br /> the availability of rebates (for all utility and generation types), including <br /> and not limited to city and county rebate programs, BayREN programs, <br /> PG&E programs, and other such offerings. (For information about local <br /> programs,the contractor and/or home owner may be directed to the <br /> BayREN Home Upgrade Advisor at 866-878-6008.) <br /> 2.3.5 Require that applicable building permits are obtained for all <br /> improvements in Participating Entities. <br /> 2.3.6 Verify that all property taxes for the assessed property are current for the <br /> previous three years or since the current owner acquired the property, <br /> whichever is shorter. <br /> 2.3.7 Recommend that property owners consult with a tax professional prior to <br /> claiming any tax deductions associated with the project and not <br /> recommend that homeowners take any particular filing position <br /> regarding their annual or semi-annual PACE assessment payments. <br /> 2.3.8 Not represent that the full assessment is tax deductible. <br /> 2.3.9 Have a consistent plan for removal of assessments at end of repayment <br /> term, prepayment and/or in the event of program closure. <br /> Regional Collaborative Services Agreement for PACE Financing—ABAG and [PACE Provider] Page 4 of 15 <br />
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