Pursuant to Neb. RS § 13-3204(1) the District shall be governed by the governing body of the City.
(A) The District Administrator shall comply with the Act, the provisions of this Ordinance and follow approved City procurement policy and procedures for selecting a third-party administrator for the administration of the PACE program. The third-party administrator must ensure that there is no financial requirement, liability, or exposure to the District. The City Planning Department may serve as the administrator of the PACE program for the District.
(B) The District may also engage the services of a state or local financing agency for the purposes of providing conduit bond financing for the District as part of its third-party administration.
(C) Upon selection of a third-party administrator, that third-party administrator may, on behalf of the District, accept applications for financing energy efficient improvements within the District boundaries, facilitate the financing application process and review eligibility requirements for financing energy projects in accordance with the requirements of the Act and as accepted by the third-party lender.
(D) The District may recommend that it be expanded via the Interlocal Cooperation Act in order to create a program of sufficient size and scale, to attract qualified third-party administrators, and/or to promote energy efficiency across multiple political subdivisions, as authorized under the Act.
(Ord. 3912, § 1, passed 9-24-2018)