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4 <br /> Section 3.The amount of any C-PACE Financing and related C-PACE Assessment repayment terms shall be <br /> pursuant to an agreement by and among the County, the Statewide Administrator, a "property owner" <br /> (as defined in the C-PACE Act, a "Property Owner") and Capital Provider (an "Assessment Agreement") <br /> and a financing agreement between a Property Owner and a Capital Provider in which a Property Owner <br /> agrees to repay a Capital Provider for the C-PACE Financing provided, including, but not limited to, any <br /> finance charges, fees, debt servicing, accrual of interest and penalties, and any terms relating to the <br /> treatment of prepayment and partial payment, and the billing, collection, and enforcement of the C-PACE <br /> Financing. <br /> Section 4. The Orange County Tax Office shall, upon receipt from the Statewide Administrator of an <br /> approved project application for C-PACE Financing within the jurisdictional boundaries of the County, <br /> execute an Assessment Agreement, a Notice of C-PACE Assessment, and an Assignment of C-PACE Lien. <br /> Section 5. The County shall be reimbursed by the Statewide Administrator for the actual and reasonable <br /> costs associated with the performance of the duties described in Section 4 hereof. <br /> Section 6. A public hearing on the C-PACE Program will be held by Orange County on October 21, 2025 at <br /> 7pm at Southern Human Services, 2501 Homestead Road, Chapel Hill, NC 27514. <br /> Section 7. Nothing in this resolution shall be interpreted as authorizing the County to pledge, offer, or <br /> encumber its full faith and credit, and the County shall not pledge, offer, or encumber its full faith and <br /> credit in connection with any C-PACE Financing. <br /> Section 8. Should any provision or provisions of this Resolution be declared invalid or unenforceable in <br /> any respect by final decree of any court of competent jurisdiction,the invalidity or unenforceability of any <br /> such provisions shall not affect the remaining provisions of such Resolution. <br /> Section 9. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, hereby <br /> repealed. Section 10. This Resolution shall take effect upon its adoption. <br /> ADOPTED this 7th day of October, 2025. <br /> I, l dwre� �, Clerk for Orange County, North Carolina, DO HEREBY CERTIFY that the foregoing <br /> is a true and complete copy of a resolution adopted by Orange County, North Carolina at a regular meeting <br /> duly called and held on 4. A 0 S . WITNESS my hand and the official seal of Orange County this <br /> day of dck-olo.c. , 20.g5 <br /> Call <br /> /Clerkto the BoJcl, Orange County, NC t <br /> 171 ., <br />