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MAJOR CAPITAL PROJECT DESCRIPTION <br />FOR YEARS 2005 - 2008 <br />Projected On oig n~Operating Cost Impact <br />New boilers would not add significantly to energy savings; however, maintenance costs on existing <br />boilers would decrease approximately $12,000 annually. <br />Replace Chilled Water System $1,000,000 (2007) <br />A replacement for the Center's chilled water system is needed, as the current chilled water system <br />has become obsolete. The water chillers fuse refrigerant R-11, and this refrigerant has not been <br />manufactured since 1995. <br />Activi , Date <br />2007 1 000 000 <br />TOTAL $1,000,000 <br />Funding Source <br />Century Center <br />Hotel/Motel Tax <br />Revenue & County <br />Projected Ongoing_Operating Cost Impact <br />The replacement of both refrigerants could be as much as $25,000 per machine. Given the advances <br />in chiller technology, new chillers could I-rovide the Center with as much as $20,000 a year in <br />savings in utility costs. <br />Upgrade of Fire Alarm S,, s~ $176,000 (2007 or later) <br />This would bring the alarm system up tostate;-of--the-art technology and maintain high tech reliability <br />within the Century Center. <br />Activity Date <br />2007 176 000 <br />TOTAL $176,000 <br />Fundin Sg ource <br />Century Center Revenue & County <br />Hotel/Motel Tax <br />Projected Ongoing_Operating Cost Impact <br />There are no additional operating costs anticipated. <br />Major Expansion of Century Center <br />$30,000,000 (2007 or later) <br />The convention business can be highly beneficial to South Bend with its economic impact, including <br />the creation of hundreds of jobs. South Bend's Century Center is very successful in servicing <br />conventions. Since most convention groups in the United States do not require "mega" centers, the <br />expansion of the Century Center could host more of this beneficial business. An anticipated 60,000 <br />D-53 <br />