Alaska Statutes Title 29. Municipal Government § 29.55.105. Assessment

(1) enter into a written contract with a record owner of privately owned commercial or industrial property in a region designated under AS 29.55.100 to impose an assessment to repay the financing of an energy improvement project on that property;

(2) contract with the governing body of another taxing unit to perform the duties of the municipality relating to collection of assessments imposed by the municipality under this section.

(1) be provided by a third party under a written contract with the municipality that authorizes the municipality to service the debt by assessment; or

(2) if authorized by municipal ordinance, be provided by the municipality.

(1) the cost of materials and labor necessary for the energy improvement project;

(2) permit fees;

(3) inspection fees;

(4) lender's fees;

(5) program application and administrative fees;

(6) energy improvement project development and engineering fees;

(7) third-party review fees, including verification review fees, under AS 29.55.120; and

(8) any other fees or costs that may be incurred by the property owner incident to the installation, modification, or improvement on a specific or pro rata basis, as determined by the municipality.

(1) facilities for undeveloped lots or lots undergoing development at the time of the assessment;

(2) the purchase or installation of products or devices not permanently fixed to the privately owned commercial or industrial property; or

(3) a utility's purchase or installation of a product, device, or improvement, if the product, device, or improvement will generate electricity or provide thermal energy distributed or used outside of the assessed property; in this paragraph, “utility” has the meaning given in AS 42.05.990.

(1) may not exceed 20 percent of the assessed value of the property at the time of program application;

(2) must be exceeded by the projected monetary savings to the property owner over the life of the assessment as a result of the energy improvement project.

(1) include a reasonable justification acknowledged in writing by the property owner and the party providing the financing to be repaid by the assessment; and

(2) for a waiver from the limitation in (g)(2) of this section, address the interests of potential tenants and future property owners.