Section 201 – Resolution or ordinance designating an energy assessment area, levying an assessment, and issuing an energy assessment bond.

Effective 5/5/2021 11-42a-201. Resolution or ordinance designating an energy assessment area, levying an assessment, and issuing an energy assessment bond. (1) (a) Except as otherwise provided in this chapter, and subject to the requirements of this part, at the request of a property owner on whose property or for whose benefit an improvement is being […]

Section 202 – Designation of energy assessment area — Requirements.

Effective 3/28/2017 11-42a-202. Designation of energy assessment area — Requirements. A local entity may not include property in an energy assessment area unless the owner of the property located in the energy assessment area provides to the local entity: (1) evidence that there are no existing delinquent taxes, special assessments, or water or sewer charges […]

Section 203 – Levying an assessment within an energy assessment area– Prerequisites.

Effective 3/28/2017 11-42a-203. Levying an assessment within an energy assessment area– Prerequisites. (1) If a local entity designates an energy assessment area in accordance with this chapter, the local entity may: (a) levy an assessment within the energy assessment area; and (b) collect the assessment by: (i) directly billing the property owner; or (ii) inclusion […]

Section 204 – Limit on amount of assessment.

Effective 5/8/2018 11-42a-204. Limit on amount of assessment. (1) An assessment levied within an energy assessment area may not, in the aggregate, exceed the sum of: (a) the contract price or estimated contract price; (b) overhead costs not to exceed 15% of the sum of the contract price or estimated contract price; (c) an amount […]

Section 205 – Installment payment of assessments.

Effective 5/8/2018 11-42a-205. Installment payment of assessments. (1) In an energy assessment resolution or ordinance that a local entity adopts under Subsection 11-42a-201(1)(a), the governing body may provide that some or all of the assessment be paid in installments: (a) in accordance with the resolution or ordinance; and (b) over a period not to exceed […]

Section 206 – Assessment fund — Uses of money in the fund — Treasurer’s duties.

Effective 3/28/2017 11-42a-206. Assessment fund — Uses of money in the fund — Treasurer’s duties. (1) Unless a local entity has assigned an energy assessment lien to a third-party lender under Section 11-42a-302, the governing body of each local entity that levies an assessment under this part on benefitted property within an energy assessment area, […]