Laserfiche WebLink
payments to the escrow account by an amount equivalent to ,your annual special assessments <br />divided by 12 months. <br />Services Plan: the Board ofthe Advanced Energy District has also adopted a Services Plan <br />that is part of the Advanced Energy District Documents that property owrter(s) must agree to prior <br />to participating in Advanced Energy District's Commercial -Industrial Program. the Services Plan <br />details costs of administration of the Commercial -Industrial Program. The Board of the Advanced <br />Energy District is comprised of the duly appointed and designated persons who hold the office of <br />economic development director in each of the initial participating political subdivisions within the <br />Advanced Energy District. These Board members will approve an annual budget to administer the <br />Commercial -Industrial Program and the annual costs of services will be included in the special <br />assessments levied annually against each parcel of real property included within the Advanced <br />Energy District.'fhe amount levied for Advanced Energy District services rendered in any year as <br />to any parcel of real properly in the Advanced Energy District will be in proportion to the cost of <br />the Authorized Improvements financed by special assessments on that parcel of real property to <br />the total cost of all Authorized Improvements financed by special assessments in the Commercial - <br />Industrial Program. The Advanced Energy District may share information with any agents or other <br />third parties as necessary to administer the Commercial -Industrial Program. See "Disclosure of <br />Property Owner Infomnation" below. <br />Renewable Enerey Credits <br />The Board of the Advanced Energy District may adopt rules governing renewable energy credits <br />associated with Authorized Improvements financed with the proceeds of special assessment <br />revenue bonds. <br />Statutory Reauiremenls <br />As provided in the Advanced Energy District Documents: <br />(A) Additional territory may be added to the Advanced Energy District. The Advanced <br />Energy District is formed for the purpose of developing the Authorized Improvements. <br />'There will be designated at least one Authorized Improvement for each parcel of real <br />property included within such additional territory to be added to the Advanced Energy <br />District. If Additional Territory is to be added to the Advanced Energy District, such <br />addition will be in accordance with the Advanced Energy District Documents and the <br />owner(s) of 100% of the real property to be added to the Advanced Energy District will <br />petition the Mayor and Council of the participating political subdivision where the real <br />property is located for inclusion of such real property in the Advanced Energy District. <br />Prior to submission of the Petition, the Petition shall be approved by the Board of <br />Directors of the Advanced Energy District in accordance with mlos established by the <br />Board for such purposes. The Petition necessary to add territory to the Advanced <br />Energy District need not be approved by the Mayor and City Council of other <br />participating political subdivisions in the Advanced Energy District where such real <br />property is not located. Additional territory will be added to the Advanced Energy <br />District with the approval of the Board of Directors of the Advanced Energy District <br />