Vermont Statutes Title 29 Sec. 168a
Terms Used In Vermont Statutes Title 29 Sec. 168a
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- Municipality: shall include a city, town, town school district, incorporated school or fire district or incorporated village, and all other governmental incorporated units. See
- Town: shall include city and wards or precincts therein; "selectboard members" and "board of civil authority" shall extend to and include the mayor and aldermen of cities; "trustees" shall extend to and include bailiffs of incorporated villages; and the laws applicable to the inhabitants and officers of towns shall be applicable to the inhabitants and similar officers of all municipal corporations. See
- Village: shall mean an incorporated village. See
§ 168a. Municipal Energy Loan Program
(a) Authority. The Department of Buildings and General Services is authorized to provide financing to municipalities through the Municipal Energy Loan Program for equipment replacement, studies, weatherization, construction of improvements affecting the use of energy resources, the implementation of energy efficiency and conservation measures, and the use of renewable resources.
(b) Loan eligibility and criteria. The Commissioner shall establish for the Program described in subsection (a) of this section:
(1) criteria to determine eligibility for funding, including repayment terms;
(2) a priority basis for the selection process that ensures equitable allocation of funds to municipalities, considering at least financial need, geographic distribution, and ability to repay; and
(3) loan conditions that ensure accountability by a municipality receiving funds.
(c) Definitions. As used in this section:
(1) “Energy efficiency improvement” has the same meaning as in section 168 of this title.
(2) “Covered municipality” means a city, town, fire district or incorporated village, and all other governmental incorporated units except for school districts.
(3) “Renewables” has the same meaning as in 30 V.S.A. § 8002.
(4) “Resource conservation measures” has the same meaning as in section 168 of this title. (Added 2021, No. 172 (Adj. Sess.), § 5, eff. July 1, 2022.)