For this chapter, the following terms shall apply. All other terms used in this chapter shall have the same meaning as given to those terms set forth in KRS 65.205.
ELIGIBLE PROPERTY OWNER shall mean the owner of real property, located within the jurisdictional boundaries defined by § 165.03, that excludes residential property consisting of fewer than five units.
OFFICE OF MANAGEMENT AND BUDGET shall mean the Louisville Metro Office of Management and Budget or such other successor agency.
OFFICE OF ADVANCED PLANNING AND SUSTAINABILITY shall mean the Louisville Metro Government Office of Advanced Planning and Sustainability or such other successor agency.
PROGRAM ADMINISTRATOR shall mean the Office of Advanced Planning and Sustainability together with any third-party program administrator with which the Office of Advanced Planning and Sustainability may agree to perform the duties or provide the services of the Program Administrator as permitted by KRS 54.206(2)(c).
PROGRAM FINANCING AGREEMENT shall mean a contractual agreement between the designated property owner, the Program Administrator, Louisville Metro Government and an approved finance lender that provides for the financing of an Energy Project, the costs of which are to be repaid through an annual assessment on the affected real property.
(Lou. Metro Ord. No. 57-2016, approved 4-29-2016; Lou. Metro Am. Ord. No. 29-2021, approved 3-4-2021)