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PACE LENDER CONTRACT <br />THIS PROPERTY ASSESSED CLEAN ENERGY ( "PACE ") LENDER CONTRACT (the "Lender <br />Contract') is made as of the day of _ , by and between the City <br />of Paris, Texas ( "Local Government") and . _ ( "Lender "). <br />RECITALS <br />A. The Property Assessed Clean Energy Act ( "PACE Act"), Texas Local Government <br />Code Chapter 399, authorizes the .governing body of a local government to establish a program <br />and designate a region within the local government's jurisdiction within which an authorized <br />representative of the local government may enter into written contracts with the record owners of <br />commercial, industrial, agricultural, and large multifamily residential (5 or more dwelling units) <br />real property to impose assessments on the property to finance the cost of permanent improvements <br />fixed to the property intended to decrease water or energy consumption or demand. <br />B. Local Government has established a program under the PACE Act pursuant to a <br />dated , adopted by the <br />(the "PACE Program"), and has designated <br />( "Authorized Representative") as the representative authorized to enter into the Assessment, <br />Owner Contract and Lender Contract described herein, and has designated the entire territory <br />within e_ of jurisdiction as a region ( "Region ") within which the <br />Authorized Representative and the record owners of such real property may enter into written <br />contracts to impose assessments to repay the financing by owners of qualified improvements on <br />the owner's property pursuant to the PACE Program. <br />C. ( "Property Owner ") desires to participate in the PACE <br />Program with respect to certain real property located at <br />Texas (the "Property ") in connection with installing or modifying on the Property certain <br />permanent improvements which are intended to decrease water or energy consumption or demand, <br />and which are or will be fixed to the Property as "qualified improvements," as defined in <br />Section 399.002 of the PACE Act (the "Qualified Improvements"). The installation or <br />modification of such Qualified Improvements on the Property will be a "qualified project" as <br />defined in Section 399.002 of the PACE Act (the "Project"). <br />D. Property Owner and Local Government have entered into a written contract as <br />required by Section 399.005 of the PACE Act, a copy of which is attached hereto as Exhibit A and <br />made a part hereof (the "Owner Contract"), in which Property Owner has requested that Local <br />Government impose an assessment (the "Assessment") on the Property as set forth in the Notice <br />Of Contractual Assessment Lien Pursuant To Property Assessed Clean Energy Act to be filed in <br />the in the Official Public Records of , Texas (the "Notice of Contractual <br />Assessment Lien"), a copy of which is attached to the Owner Contract as Exhibit A, to repay the <br />financing of such Qualified Improvements. The Property, Qualified Improvements and <br />Assessment are more fully described in the Notice of Contractual Assessment Lien. <br />Report.Ex.3.Mode1 Lender Contract.docx <br />3614567 <br />