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Draft new and improved attorney prepared loan documents that work to ‘sell’ PACE. Eliminate the requirement for a pre-improvement Energy Audit. Standardize the effective date of a PACE lien to be first advance of funds, not when the project is completed. Expressly authorize PACE for new construction (i.e., the top 10% of a building).
The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. After several months of work, the Draft EIR for the Super Wal-Mart project is now complete and is currently being circulated for review. Last year, CA Gov.
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