Sec. 29.55.130. Recording of notice of assessment.
(a) A municipality that authorizes financing through assessments under AS 29.55.105 shall file written notice of each assessment in the property records of the recording district in which the property is located. (b) The notice under (a) of this section must contain (1) the amount of the assessment; (2) the legal description of the property; […]
Sec. 29.55.135. Lien.
(a) Assessments under AS 29.55.105 and any interest or penalties on the assessments are liens on the property assessed and are prior and paramount to all liens except municipal tax liens and special assessments. Assessment liens may be enforced as provided in AS 29.45.320 – 29.45.470 for enforcement of property tax liens. (b) Assessment liens […]
Sec. 29.55.140. Bonds or notes.
(a) A municipality may issue bonds or notes to finance energy and resilience improvement projects subject to assessment under AS 29.55.105. (b) Bonds or notes issued under this section may not be general obligations of the municipality. The bonds or notes must be secured by one or more of the following, as provided by the […]
Sec. 29.55.100. Establishment of program.
(a) A municipality may establish an energy and resilience improvement assessment program under AS 29.55.100 – 29.55.165 to finance the construction, installation, or modification of permanent improvements that are fixed to new construction or existing privately owned commercial or industrial property and that (1) are energy improvement projects designed to reduce energy consumption or demand, […]