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South Bend Redevelopment Commission <br /> Regular Meeting—December 13, 2011 <br /> 6. NEW BUSINESS (CONT.) <br /> C. Airport Economic Development Area <br /> (2) continued... <br /> including four components: look at(1)first <br /> costs; (2) annual operational costs; (3) <br /> operational costs; and (4) income. They <br /> want to roll all potential costs, including the <br /> cost of a renewable energy center, a <br /> potentially high initial outlay, to come up <br /> with a document similar to a business plan. <br /> The city does not want to become a utility <br /> provider so BSA will suggest other methods <br /> to run the Reliable Energy Center. <br /> Mr. Varner asked if it was BSA's intention to <br /> seek out grant money for the energy center. <br /> Mr. Lake responded that BSA would not <br /> necessarily to do that; perhaps Ms. Hathaway <br /> would. BSA could identify avenues for those <br /> grants and there is a lot of money available <br /> right now for this technology. <br /> (3) Proposal from BSA LifeStructures for <br /> feasibility study for combined cooling, <br /> heating and power at Ignition Park. <br /> Ms. Hathaway noted the availability of <br /> reliable, redundant, low cost power has been <br /> stated as Ignition Park's marketing advantage <br /> in the Graham-Allen Partners Feasibility <br /> Study and Business Plan. Cloud computing <br /> data centers have been highlighted as likely <br /> candidates that might be drawn to Ignition <br /> Park because of this power advantage. A <br /> confirming example is Ignition Park's first <br /> lot sale to the private investor Data Realty. <br /> To insure that Ignition Park can justify <br /> marketing this asset, the Phase 1 A <br /> 66 <br />