(A) An authorized official from the city or designated third party shall review each petition for an EPAD project and all other materials presented with it to determine if the petition complies with the EPAD Act and other city rules.
(B) If a petition is approved, a designated city department or a designated third-party entity shall prepare a written agreement between the city and the record owners of the real property accepting the energy project pursuant to reasonable terms and conditions, including the establishment of the necessary assessment to finance the costs of the project. The written contract shall set forth the total amount and term of the assessment.
(C) Once an assessment has been imposed, a designated city department or a designated third-party entity shall file a written notice of the assessment in the real property records of the County Court Clerk’s office indicating:
(1) The amount of the assessment;
(2) The legal description of the real property;
(3) The name of each owner of record of the real property; and
(4) The reference to the statutory assessment lien provided by the state statutes and this chapter.
(1984 Code, § 101.03) (Ord. O-32-15, passed 8-25-2015)