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South Bend Redevelopment Commission <br /> Regular Meeting—April 24, 2012 <br /> The Facade design was done by BSA <br /> LifeStructures, the firm responsible for the <br /> Master Plan of Ignition Park. The initial <br /> estimates for the first design came in over <br /> budget so BSA was asked to revise the <br /> Facade design. Earlier this year, a design <br /> was submitted that was estimated to cost <br /> $1,134,980. This design was later approved <br /> by the Architectural Review Committee for <br /> Ignition Park. <br /> A recent estimate of site improvement work <br /> at Data Realty was $400,000 which is <br /> significantly less than the $1,134,980 <br /> estimated for the Facade work. Therefore, in <br /> lieu of the site improvements, staff is <br /> proposing the following combination to <br /> fulfill the Commission's commitment <br /> towards the Data Realty project: <br /> 1. Facade Improvement: Purchase <br /> metal panels and screen wall <br /> coverings for the approved facade <br /> design in the amount of$747,576. In <br /> order to do this, Data Realty would <br /> grant the Commission a facade <br /> easement for a term of seven years. <br /> 2. Equipment Purchase: Purchase <br /> Computer Room Air Handler <br /> (CRAH) units for the data center <br /> portion of the building in the amount <br /> of$387,404. In return, the <br /> Commission would get an additional <br /> five years worth of equipment rack <br /> space at Data Realty. (Currently, the <br /> Commission has the use of five racks <br /> for 15 years, the value of which is <br /> estimated at $1,080,000.) <br /> The total of the two items is $1,134,980 <br /> which is equal to the total estimate of the <br /> 11 <br />