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South Bend Redevelopment Commission <br />Regular Meeting –February 19, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />B. Airport Economic Development Area <br /> <br />(5) continued… <br /> <br />think so. It might be a local landmark. <br /> <br />Ms. King asked if the cost of the project if <br />the existing Eclipse Place building was razed. <br />Were the costs of each method compared? <br />Mr. Farney said it would not be cheaper to <br />construct an all new building. Renovation is <br />the less costly option here. <br /> <br />Ms. King said she is not questioning the need <br />for a new building. She asked how the <br />additional ongoing budget costs will be <br />covered in a building three times the size of <br />the current one. Ms. Toppel responded that <br />they expect the operational costs to be about <br />the same. Staff time will go further with the <br />efficiencies built into the new facility. The <br />energy savings will cover other costs. There <br />may be shifting of funds from one budget <br />line to another. <br /> <br />Ms. King asked if this building is the wished- <br />for option, or the realistic option. Ms. <br />Toppel responded that the wished-for option <br />was a $2.3 million facility. <br /> <br />Ms. Jones asked if the money for the animal <br />shelter was in the Commission’s TIF budget. <br />Mr. Inks responded that it was. <br /> <br />Ms. Spivey asked if the increased efficiency <br />of utilities will offset the other costs. Ms. <br />Toppel said the operating costs at the current <br />facility are $30,000 per year. Based on the <br />average range provided at the Department of <br />Energy Web site, the new building’s utility <br /> 21 <br /> <br />