Sec. 344.102. - Definitions.

For the purpose of this Title, the definitions for the following terms, shall apply: (a) City shall mean the consolidated City of Jacksonville and Duval County. (b) C-PACE Assessment shall mean the voluntary non-ad valorem assessment placed on a property owner's tax bill as a result of financing obtained pursuant to the C-PACE Financing Agreement. (c) Contractor shall mean an appropriately licensed contractor authorized by the C-PACE Administrator to sell, construct or install C-PACE Qualifying Improvements funded through the JAX C-PACE Program. (d) C-PACE Financing Agreement shall mean the agreement entered into between the Eligible Participant and the City, the C-PACE Local Government, or the C-PACE Administrator, as applicable, specifying the C-PACE Qualifying Improvements to be installed at the property and the terms and conditions for financing those improvements through voluntary non-ad valorem special assessments levied on the property. (e) C-PACE Qualifying Improvement shall mean those improvements to new or existing commercial real property provided for in F.S. § 163.08(2)(b), including, but not limited to, energy conservation and efficiency, renewable energy and wind-resistance improvements, which shall be affixed to a building or facility that is part of the property, as set forth in F.S. § 163.08(10). (f) C-PACE Program, Program or JAX C-PACE Program shall mean the City of Jacksonville's C-PACE program. (g) Eligible Participant shall mean any commercial property owner who voluntarily participates in the C-PACE Program and satisfies the eligibility requirements set forth in Section 344.108 , below. (h) Eligible Property means nonresidential properties and planned developments, as well as multifamily apartment buildings with five or more leased apartment units owned by an entity legally authorized to enter a contract, located within the jurisdictional boundaries of Duval County excepting any municipality that has opted out of the JAX C-PACE Program. (i) PACE Act shall mean F.S. § 163.08, as it may be amended from time to time. (j) C-PACE Administrator shall mean a for-profit or not-for-profit organization responsible for administering the JAX C-PACE Program on behalf of and at the discretion of the City or a C-PACE Local Government consistent with F.S. § 163.08(6). (k) C-PACE Local Government shall be defined as provided in the PACE Act, F.S. § 163.08(2)(a), which may be amended from time to time. (Ord. 2021-824-E , § 2)