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M. The benefits to the USTC as a result of Phase I of this Agreement shall be to: (i.) Increase the building footprint of the Renaissance District by a minimum of twenty thousand (20,000) square feet. (ii.) Allow USTC to expand product offerings such as containerized computer infrastructure. (iii.) Provide space necessary for secure loading dock areas which are a critical component of Union Station's business operations. (iv.) Provide space necessary to expand the current utilization of the IC Power System. N. The benefits to the City as a result of Phase I of this Agreement will include: (i.) Increase of high technology and support jobs in the Renaissance District from forty (40) to one hundred thirty (130) within the next five (5) years. (ii.) Increase spending for support services in the Renaissance District to local companies from Five Hundred Thousand Dollars ($500,000) per year to Two Million Dollars ($2,000,000) per year over the next five (5) years. (iii.) During the construction phase in the Renaissance District, provide up to forty (40) additional construction jobs. O. The potential benefits to the City as a result of Phases II and III may include: (i). Adaptive reuse of buildings with historic significance within the SBCDA and the AEDA, including the Ivy Tower Building as a collaborative multi - tenant facility to revitalize the Renaissance District. (ii.) Enhanced power sources and infrastructure to support not only the USTC, but also Ignition Park and the Economic Development Initiatives in the Coveleski Planning Development District. (iii.) Further leverage previous public investments made to date that have supported the St. Joseph Valley Metronet. (iv.) Providing a framework to enable surplus energy utilization from the USTC to other buildings, including the St. Joseph County Jail, South Bend Police Station, Studebaker Headquarters, Stanley Coveleski Regional Stadium, Claeys Candy, Ivy Tower, Ignition Park, and the SBCDA. 3