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Agenda 10-21-2025; 5-a - Public Hearing and Resolution for Orange County to Participate in the North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) Program
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Agenda 10-21-2025; 5-a - Public Hearing and Resolution for Orange County to Participate in the North Carolina Commercial Property Assessed Capital Expenditure (C-PACE) Program
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10/16/2025 1:44:06 PM
Creation date
10/16/2025 11:00:03 AM
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BOCC
Date
10/21/2025
Meeting Type
Business
Document Type
Agenda
Agenda Item
5-a
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21 <br /> Table of Contents <br /> I. Introduction to C-PACE 2 <br /> II. Benefits of C-PACE 3 <br /> III. C-PACE Program Guidelines 4 <br /> 1. Program Participation 4 <br /> 2. Program Administration 4 <br /> 3. Program Fees 5 <br /> 4. Government Has No Liability or Financial Responsibility 5 <br /> 5. Project Eligibility 5 <br /> 6. Application and Closing Process 8 <br /> 7. Billing, Collection, and Enforcement 10 <br /> 8. Consent from Mortgage and Lien Holder(s) Required 10 <br /> IV. C-PACE Toolkit Exhibits (attached) 11 <br /> A. Resolution of Intent Template <br /> B. Resolution to Join C-PACE Program Template <br /> C. Resolution Concurring in Municipality Joining C-PACE Program Template <br /> D. Certificate of Qualifying Improvements <br /> E. Checklist and Property Owner Certification <br /> F. Form of Lienholder Consent <br /> G. Form of Assessment Agreement <br /> H. Form of Notice of C-PACE Assessment and Lien <br /> I. Form of Assignment of C-PACE Lien and Assessment Agreement <br /> 1 <br />
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