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paid through special assessments levied by participating political subdivisions on real property in the Advanced <br />Energy District. Special Assessment payments will be due and payable by property owner(s) at the same time <br />real property taxes are due. <br />There maybe other types of financing available. Each participating political subdivision and the <br />Advanced Energy District do not guarantee that the Commercial-Industrial Program is the best <br />financing option for your situation. Please do your research and select the option that is most appropriate <br />for you. <br />II. Advanced Energy District's Commercial-Industrial Program Process; Terms <br />and Conditions; Services Plan; Statutory Requirements <br />As discussed in more detail below, in order for you to receive financing and funding from the Advanced Energy <br />District's Commercial-Industrial Program, the following steps must occur: <br />First: You must review the eligibility requirements for Advanced Energy District Commercial-Industrial <br />Property Assessed Clean Energy (PACE) program as set forth below. In order to participate in the <br />Commercial-Industrial Program, you must meet the eligibility requirements. See "Eligibility" below. <br />Second: You must apply for a funding reservation from the Advanced Energy District's Commercial- <br />Industrial Program as set forth in this Article II. Property owners may apply for the Advanced Energy <br />District's Commercial-Industrial Program by contacting any one of the seventeen participating political <br />subdivisions in the Advanced Energy District for an application. The list of participating political <br />subdivisions is listed under "Eligibility" below. You will be required to fill out and complete a real <br />property and company information verification form provided to you by the participating political <br />subdivision. You will also receive a copy of the Advanced Energy District Documents, including this <br />Project Plan, when you receive the real property and company information verification form. Upon <br />submission of the real property and company information verification form, the participating political <br />subdivision will forward your form to the Advanced Energy District for processing. <br />Third: Upon submission of the real property and company information verification form, the Advanced <br />Energy District will verify your eligibility to participate in the Commercial-Industrial Program and if <br />your property is eligible, the Advanced Energy District will begin working with you and one or more <br />consultants, engineers or qualified installers that you may choose to assist you in planning the <br />development of your solar photovoltaic or solar thermal project and an estimated project cost. During <br />this period of fime, representatives of the Advanced Energy District will work with you and your <br />consultants, engineers and qualified installers to assess the technical and economic feasibility of the <br />solar photovoltaic or solaz thermal generating project you are considering, including working with <br />Advanced Energy District financial advisors, consultants and developers who will be available to offer <br />guidance regarding special assessment revenue bond financing costs, including expected and maximum <br />interests rates and expected and maximum estimated special assessments which the Advanced Energy <br />District expects to be payable by you as property owner(s) in connection with your participation in the <br />Commercial-Industrial Program. The costs of these services provided by the Advanced Energy District, <br />its advisors and agents in assisting you as well as the costs of your consultants, engineers and qualified <br />installers in determining the technical and economic feasibility of Authorized Improvements on your <br />property may be included as part of the cost of your Authorized Improvements. The costs of Authorized <br />Improvements will be eligible to be financed by special assessments paid by you for up to twenty-five <br />years. <br />Fourth: Upon your determining to proceed with a particular solar photovoltaic or solaz thermal project <br />design and plan, you must request and receive the approval of the Board of Directors of the Advanced <br />A-2 <br />