2022-055 - Laserfiche WebLink

Home Browse Search

A TRUE COPY CERTIFICATION ON LAST PAGE J.R. SMITH, CLERK SECTION 3. LENDER NOTIFICATION AND CONSENT (1) Notification. At least thirty (30) days before entering into a C -PACE Financing Agreement, the Florida Green Finance Authority shall verify that the Eligible Participant has provided written notice for the specific property located at 5380 US Highway 1, Certus at Vero Beach of the intent to enter into a C -PACE Financing Agreement to the holders or loan servicers of any existing mortgages encumbering or otherwise secured by the Commercial Property. With Certus at Vero Beach's approval, the Florida Green Finance Authority may provide this notification on behalf of an Eligible Participant. The notice must comply with and, at a minimum, satisfy the requirements of the PACE Act including, but not limited to, the maximum principal amount to be financed and the maximum annual assessment necessary to repay that amount. A verified copy or other proof of such notice must be provided to and maintained by the Florida Green Finance Authority Government. (2) Consent. Prior to entering into a C -PACE Financing Agreement with Certus at Vero Beach, the Florida Green Finance Authority shall verify that holders or loan servicers of any mortgage or lien encumbering or otherwise secured by the property have signed written consents consenting to the C -PACE Assessment considered for the Certus at Vero Beach property pursuant to the C -PACE Financing Agreement. A verified copy or other proof of such consent must be provided to and maintained by the Florida Green Finance Authority. SECTION 4. APPROVAL OF AGREEMENT; AUTHORIZATION TO EXECUTE. The Board of County Commissioners approves the Florida Green Finance Authority Interlocal Agreement attached hereto and incorporated herein as Exhibit "A" and authorizes the Chair to execute the aforementioned C -PACE agreement. SECTION 5. SCRIVENERS ERRORS. Typographical errors and other matters of a similar nature that do not affect the intent of this Resolution, as determined by the County Attorney, may be corrected. SECTION 6. CONFLICTS. All Resolutions or parts of Resolutions in conflict with any of the provisions of this Resolution are hereby repealed. SECTION 7. SEVERABILITY. If any section, sentence, clause or phrase of this resolution is held to be invalid or unconstitutional by any court of competent Page 3 of 10