The RI C-PACE program requires that each Rhode Island city and town wishing to participate in the RI C-PACE program must adopt a resolution authorizing the Bank to establish and administer the RI C-PACE program within their jurisdiction. In addition, the resolution must authorize the city or town to enter into the Bank-City and Town Participating Agreement. Projects are not eligible for RI C-PACE financing unless their host municipality has opted into the RI C-PACE program in accordance with this section and R.I. Gen. Laws Chapter 39-26.5 as amended.
830 R.I. Code R. 830-RICR-10-05-2.6