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h Of <br /> 2 <br /> U d <br /> W PEACE a <br /> �a� <br /> R K <br /> 1865 <br /> Office of the Mayor <br /> NEWS RELEASE <br /> September 18, 2007 <br /> 10:00 am <br /> FOR IMMEDIATE RELEASE <br /> CONTACT: Steve Weinstein <br /> <br /> (414) 524-5210 <br /> Mikki Dobski, Director of Communications &Special Projects <br /> mdobski <br /> (574) 235-5855/876-1564c <br /> South Bend Working With Johnson Controls to Improve Traffic Safety <br /> Progressive contract has energy savings, environmental and public benefits that will deliver <br /> taxpayer savings <br /> SOUTH BEND—The City of South Bend, Ind., is working with Johnson Controls to <br /> upgrade its traffic signals. The $1.48 million undertaking will enhance traffic safety while saving <br /> South Bend a projected $1.97 million in energy and operational costs during the 10-year <br /> performance contract. The project is expected to be completed before the end of the year. <br /> In effect, the performance contract will fund itself without South Bend needing to raise <br /> taxes or issue bonds. The cumulative savings over 10 years is expected to outstrip the initial cost <br /> of the project. Johnson Controls will reimburse South Bend the difference if the total savings do <br /> not meet that threshold. <br /> "I am excited and proud that South Bend, with the help of Johnson Controls, has found a <br /> fiscally-responsible application for cutting-edge technology to improve something as ordinary as <br /> traffic signals," said South Bend Mayor Stephen J. Luecke. "This project delivers layered <br /> benefits to our citizens and can serve as a model to other cities in Indiana, our region and <br /> beyond." <br /> -more- <br />