§ 30-4. Program administration – Rules and regulations.

(a) Adoption.

Subject to Title 4 {"Administrative Procedure Act – Regulations"} of the City General Provisions Article, the Finance Director, in consultation with the Program Administrator and the Baltimore City Office of Sustainability, shall adopt rules and regulations to carry out this subtitle.

(b) Contents.

These rules and regulations shall:

(1) clearly delineate the respective roles and responsibilities of property owners, clean energy lenders, the Program Administrator, and the Finance Director; and

(2) include:

(i) methodologies for determining the eligibility of commercial properties, property owners, and energy improvements;

(ii) minimum underwriting standards for clean energy lenders;

(iii) the documentation required on the Administrator's request to demonstrate that the energy savings generated by an energy efficiency project exceed a property owner's obligations under a clean energy loan financing agreement;

(iv) efficient application intake, processing, and transaction closing procedures;

(v) terms and provisions to be included in a Notice of Surcharge Levy to be recorded by the clean energy lender or the Program Administrator in the Land Records of Baltimore City;

(vi) required data management services that conform to City practices;

(vii) Program outreach strategies; and

(viii) annual program participation and performance reporting requirements.