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valorem special tax assessment levied and collected by the County of Kauai in accordance with the authorizing acts and this Chapter 6. "Qualifying improvement" means a septic system or aerobic treatment unit SN'stem_:or connection to sewer -systems. clean energy technology.. efficiency technology'. water conservation. resiliency measure, or other improvement approved by the-authority.. "Summary Memorandum of C-PACER As essment Contract and Notice of Levy and Lien or Summary Memorandum" means a memorandum of-the C=PACER Assessment Contract. which is recorded with the State of Hawai`i's Bureau of Conveyances or Land Court. to provide constructive notice of the levy and lien on a subject nropertY.-with respect_to each property assessed . financing. assessment. Each SummarY Memorandum shall: `(i) identify the_ Property subject. .to the property assessed financing, assessment._ (ii)=state that such assessment has been levied pursuant to this • Chapter. 6 with respect to the propertv owner's payment obligations under, the property_ assessedfinancing-assessment contract. '(ni) specify the term_of the levi and the annual amount thereof and (iv)"state that the total amount of the..property assessed financing shall constitute a non-accelerating hen on. the property_pursuant to this Chanter 6. Section 6-16.3 Par-ticiiation in Property-Assessed Financing: Program Limited-Obligations. (a)-- Subject to the provisions of the authorizing acts and this Chapter 6.-the County of Kauai shallA)',particil?at in the Property assessed, financing )rogram established and administered within the County of Kauai by the authority.- and Cu) levy a Property assessed financin_g_assessment Properties pursuant to the property assessed financing program., 1 Th --o ligat ons f the County -of tie with snect to..the property assessed financing'Program shall be limited to the leer of.Property assefised- finaocin _ ass,�essments pursuant to Section 6-16.5 collection szn �u uant to. najrxn.ent to the-authority of amounts-collected.� �s . - or n oue �' pGfiPd finan ix assessment and�e�foxc�.e��lie�s—£-=��t ass Pursuan t 5 ion Th 6-16.9. e ounty oLK ua`i all have no other obliaations�I 1, rGat. t he i2roperty_-assessed-financingProgram or any a. property assessed financing assessment contracts. Section 6-16 4 Fi ns'i Pro r Administration Agreement-w'tb. AiuthoritY The o ti of Ka_ua`i _shall tjarticiRate in the Pro1)erty assessed financing :program iti accordance with the financing program administration agreement to be entered into o between the County: acting through - the Director.. and the authority prior to the execution of the first property assessed_financing assessment contract within the County of Kauaii Subject to_ the further provisions of this Chapter 6. the financinG . ram administration agreement shall establish the terms upon which the authority 3 Bill No. 2912