Senate Bill 10-100 Summary

• Allows local improvement districts to cross county boundaries for renewable energy and energy efficiency improvements if county commissioners agree through an intergovernmental agreement addressing cost-sharing.

• Enables districts to finance renewable energy improvements including photovoltaic, solar thermal, small wind, biomass, hydroelectric, and geothermal systems either installed behind a building's meter or at qualified community locations.

• Exempts renewable energy districts from competitive bidding, preliminary plan requirements, and standard construction procedures, allowing property owners to arrange improvements directly through the district.

• Requires districts to notify mortgage holders within 30 days of participation and include default penalty warnings in contracts, clearly stating that default may result in loss of the applicant's home.

• Allows districts to issue multiple bond series and permits multiple districts across counties to jointly finance improvements through intergovernmental agreements that may transfer revenues between county treasurers.