2014 Missouri Revised Statutes
TITLE XI EDUCATION AND LIBRARIES (160-186)
Chapter 160 Schools--General Provisions
Section 160.300 (Repealed L. 2007 S.B. 613 Revision § A)

160.300. As used in sections 160.300 to 160.328, the following terms shall mean:

(1) "Application cycle", the period of time each year, as determined by the department, that the department shall accept and receive applications from school districts seeking loans under the provisions of sections 160.300 to 160.328;

(2) "Authority", the environmental improvement and energy resources authority;

(3) "Building", any district owned and operated structure that is occupied and which includes a heating or cooling system, or both;

(4) "Department", the department of natural resources;

(5) "Energy conservation loan account", an account to be established on the books of a school district for purposes of tracking information related to the receipt or expenditure of loan funds, and to be used to receive and remit energy cost savings for purposes of making semiannual payments to retire the loan;

(6) "Energy conservation project" or "project", the design, acquisition and installation of one or more energy conserving devices, measures or modifications to a building or facility to reduce energy consumption or to allow for the use of alternative energy resources;

(7) "Energy cost savings" or "savings", the value, in terms of dollars, that has or shall accrue from energy savings due to implementation of an energy conservation project;

(8) "Estimated simple payback", the estimated cost of a project divided by the estimated energy cost savings;

(9) "Facility", any major energy using system owned and operated by a district, whether or not housed in a building;

(10) "Fund", the energy set-aside program fund established in section 160.310;

(11) "Loan agreement", a document signed and agreed to by the school board and the department that details all terms and requirements under which the loan was issued, and describes the terms under which the loan repayment shall be made;

(12) "Payback score", a numeric value derived from the review of an application, calculated as prescribed by the department, which is used solely for purposes of ranking applications for the selection of loan recipients within the balance of loan funds available;

(13) "Project cost", all costs determined by the department to be directly related to the implementation of an energy conservation project;

(14) "Repayment period", unless otherwise negotiated as required under section 160.310, the period in years required to repay a loan as determined by the projects' estimated simple payback and rounded to the next year in cases where the estimated simple payback is in a fraction of a year;

(15) "School board", the board of education having general control of the property and affairs of any seven-director, urban or metropolitan school district as defined in section 160.011;

(16) "School district" or "district", may include seven-director districts, urban school districts, and metropolitan school districts as defined in section 160.011;

(17) "Technical assistance report", a specialized engineering report that identifies and specifies the quantity of energy savings and related energy cost savings that are likely to result from the implementation of one or more energy conservation measures;

(18) "Unobligated balance", that amount in the fund that has not been dedicated to any district at the end of each state fiscal year.