2.900.050 C-PACER agreement.
The capital provider and the county shall enter into a C-PACER agreement prior to the disbursement of any funds from the capital provider to the property owner. All C-PACER agreements shall:
(1) State that the capital provider is solely responsible for identifying all lienholders on an eligible property and for notifying the county of the identity of the lienholders;
(2) Include language wherein the capital provider indemnifies the county from any and all claims that may be asserted by a lienholder, known or unknown, on an eligible property;
(3) State that the capital provider is solely responsible for all enforcement as contemplated in chapter 36.165 RCW; and
(4) Provide for the recording of a lien as described in SCC 2.900.060. (Added by Ord. 21-097, Dec. 15, 2021, Eff date Dec. 26, 2021).