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Attachment B <br />A ���= d���a <br />The Property �lssessed Clean Energy Program ("PACE �F MN") administered <br />by the Saint Paul Port Authority (fihe "Port Authority") provides a financing mechanisr� <br />for the in�tallation of energy efficiency and canservation improvements that are <br />perrnanentiy fixed ta eHgible properties ("Improvemen#s"). The undersigned <br />applicant(s} h�rgby submits the foliawrng application for financing and petition for <br />special assessments in accordance with Minnesota Statutes Sections 216C.435 and <br />216C.436, Chapter 429 and the PA�E OF MN. <br />�EGTION 1. Eiigibiii#y Requirements <br />• Applicant(s� is/are legal owner of the proper�y described in the Application <br />(the "Property"), <br />• Propsrty is deveioped anti located within the City af Roseviile, MN <br />("C ity") ' <br />• �roperty Owner is current on ai1 mortgage{s}, All let�ders have signed the <br />Lend�r Acknowledgment #arm for PACE C)F M�! Financing. <br />a Property Owner is �ot in bankruptcy and the property is not an a�set in a <br />bankr�aptcy proceeding. <br />• There are n� f�derai ar state income tax iiens, judgment iiens, t�r similar <br />involuntary liens on the Property. <br />• Applicant(sj has/have prov�ded all req�esteci financia( infarmation to the <br />Por� Authority. <br />• Improvement costs are reasonable for the scope of the proposed <br />Improv�m�nts and in relatian to Properfy vafue. <br />• Requested Financing Amount does not exceed ihe Iesser of 10 percent af <br />the Prope�ky Market Value or the actual cost af instalfing the <br />improvem�nts, inciudir�g the cast of necessary equipment, materials, and <br />iabor, the cc�sts of energy �udit or renewabie energy feasibil�ty study, and <br />the cost of verificat6on of installation, less the va(t�e of expec#ed reb�tes. <br />= Term of financing requested does not exceed the weighted a�eerage of the <br />usef�l lif� of the Improv�ments, <br />• Applican#$s) has/have obtained an energy audit or renewable energy <br />f�asibility sfiudy on fhe Properly. <br />Far Further informat¢on on efigibility requirements, see the Administrative <br />GuideEines and Financinq Summary, or contact the Port Authority at ; s�s.aa4.�z�� <br />- �=:evise as needed if special assessments are to b� levied by a county or tawn. <br />983v4S5v4 <br />