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PROPERTY ASSESSED CLEAN ENERGY ACT Act 270 of 2010 AN ACT to authorize local units of government to adopt property assessed clean energy programs and to create districts to promote the use of renewable energy systems and energy efficiency improvements by owners of certain real property; to provide for the financing of such programs through voluntary property assessments, commercial lending, and other means; to authorize a local unit of government to issue bonds, notes, and other evidences of indebtedness and to pay the cost of renewable energy systems and energy efficiency improvements from the proceeds thereof; to provide for the repayment of bonds, notes, and other evidences of indebtedness; to authorize certain fees; to prescribe the powers and duties of certain governmental officers and entities; and to provide for remedies.
History: 2010, Act 270, Imd. Eff. Dec. 14, 2010 © 2017 Legislative Council, State of Michigan The People of the State of Michigan enact:
Section 460.931 Section Short title.
Section 460.933 Section Definitions.
Section 460.935 Section Property assessed clean energy program; establishment by local unit of government; contract with record owner of property; financing.
Section 460.937 Section Establishment; actions to be taken by local unit of government; adoption or amendment of resolution.
Section 460.939 Section Report; contents; availability.
Section 460.941 Section Imposition of assessment; written contract; verification.
Section 460.943 Section Assessment as lien against property; installments to be included in summer and winter tax bill.
Section 460.945 Section Bonds or notes; issuance.
Section 460.947 Section Self-directed energy optimization plan.
Section 460.949 Section Property assessed clean energy program; joint implementation.