12-13-2021 FINAL Packet - Laserfiche WebLink

Home Browse Search

Cost for this energy savings project at the Morris is expected to be around $5,361,000. A separate resolution approving financing through issuance of bonds on a lease between the South Bend Redevelopment Authority and the South Bend Redevelopment Commission as lessee and an appropriations ordinance are being, or have been submitted to the Council, with each to have formal Council review and hearing on December 13, 2021, followed by what we hope will be Council's approval at the same meeting of the resolution accompanying this letter. Through this resolution, the Council will meet the requirements of Indiana's law governing guaranteed energy savings contracts, Ind. Code §36-1-12.5, by approving Ameresco as a "Qualified Provider" as defined in IC §36-1-12.5-3, and by approving the Guaranteed Energy Savings Contract between the City and Ameresco as reviewed and previously approved by the City's Board of Public Works (BPW) on October 26, 2021 in BPW Resolution No. 35-2021. The Council had authorized the BPW and the Department of Public Works to undertake the statutory requirements for the energy savings contract requirements of I.C.§36-1-12.5 through Council Resolution No. 4690-17 adopted on December 18, 2017. I will be on hand with Public Works Director Eric Horvath and Controller Dan Parker to present this resolution to the Common Council at the appropriate Council committee and regular meetings. We expect and request that this resolution be heard on December 13, 2021. We appreciate the Council's continued leadership and support. The improvements made through the energy savings contract approved in this resolution will serve the South Bend community well and better prepare the Morris for its next 100 years. 219 S. ST. Lours Bat.!LEVARD SOUTH BEND, INDIANA 46617 Sincerely, C/Ht�� JeffJarnecke Executive Director, Venues PHONE (574) 299-4765 www.sbvpa.org