Energy Enhancements. Energy Enhancements shall consist of the following: Redeveloper’s cost, after deducting any Lincoln Electric System or other rebates, to construct and/or upgrade the energy, cooling, heating, lighting, insulation, windows, controls, equipment, hardware and/or software improvements and systems made to the New Building for the greater good of the community to exceed energy efficiencies in excess of that required by the City of Lincoln Building Code (i.e. Title 20 of the Lincoln Municipal Code).
Energy Enhancements. Redeveloper, at its expense, subject to reimbursement as provide in Section 403 (Use of TIF Proceeds) below, shall construct and/or install upgraded HVAC systems including the use of heat pumps in lieu of traditional HVAC system units for use throughout the residential units created by this Project. Redeveloper’s reimbursement for this Public Enhancement shall be limited to the amount by which the cost for purchasing and installing the increased efficiency HVAC units exceed the cost associated with purchasing and installing HVAC units that meet the minimum applicable code requirements for this project. Payment of TIF funds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that Energy Enhancements have been included in the design, construction, and operation of the project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the percentage of estimated energy savings to be realized from the energy enhancements compared to a similar building constructed according to the minimum standards found in the existing applicable building code. The City shall not have any obligations to fund the Public Enhancements or make grants to the Redeveloper in excess of the available TIF Proceeds as provided within this Agreement. Any reimbursement shortfall resulting from costs incurred for construction of any Public Enhancements that exceed the TIF Proceeds that are lawfully available and granted to the Redeveloper hereunder shall be borne entirely by the Redeveloper without recourse of any kind against the City.
Energy Enhancements. Energy Enhancements may include, but need not be limited to, energy efficient roof materials, mechanical unit placements, electrical fixtures which use LED lighting, increased levels of insulation in exterior walls, and high efficiencey glazing and dual thermally broken storefront and curtain wall systems. Payment of TIF funds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s Architect or engineer to the City that Energy Enhancements have been included in the design, construction, and/or operation of the Project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the amount or percentage of estimated energy savings to be realized from the Energy Enhancements over the reasonably anticipated life of the Building compared to a similar building constructed according to minimum standards found in the existing state building code (i.e., 2012 International Building Code (including Chapter 13 Energy Efficiency)). Redeveloper’s costs, after deducting any Lincoln Electric System rebates or any other rebates, to construct and/or upgrade the energy, cooling, heating, lighting, insulation, controls, equipment, hardware, and/or software components and systems made to the Building for the greater good of the community shall be reimburseable from TIF Bond Proceeds, as described in Sections 603 and 606 below, to the extent that such components and systems exceed energy efficiency standards required by the City of Lincoln Building Code.
Energy Enhancements. Energy Enhancements shall consist of the following: Redeveloper’s cost, after deducting any Lincoln Electric System or other rebates, to construct and/or upgrade the energy, cooling, heating, lighting, insulation, controls, equipment, hardware and/or software improvements and systems made to the Private Improvements for the greater good of the community to exceed energy efficiencies in excess of that required by the City of Lincoln Building Code (i.e. Title 20 of the Lincoln Municipal Code). Such Energy Enhancements shall include any incremental cost to construct the building systems to facilitate the use of the Constant Renewable Energy System (“CRES”) developed for NIC.
Energy Enhancements. Energy Enhancements include, but are not limited to, energy efficient roof materials, mechanical unit placements, increased levels of insulation in exterior walls, and triple pane windows. Payment of TIF Bond Proceeds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that Energy Enhancements have been included in the design, construction, and/or operation of the Project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the amount or percentage of estimated energy savings to be realized from the Energy Enhancements over the reasonably anticipated life of the building compared to a similar building constructed according to minimum standards found in the existing state building code. Redeveloper shall be entitled to TIF reimbursement only for that portion of the cost of the energy enhancements which exceed the cost of the same energy component built to minimum community standards (“the delta”) (i.e., 2009 International Building Code (including Chapter 13 Energy Efficiency)).
Energy Enhancements. Energy Enhancements may include, but need not be limited to, energy efficient roof materials, mechanical unit placements, electrical fixtures which use LED lighting, increased levels of insulation in exterior walls, and triple pane windows. Payment of TIF funds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that Energy Enhancements have been included in the design, construction, and/or operation of the project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the amount or percentage of estimated energy savings to be realized from the energy enhancements over the reasonably anticipated life of the building compared to a similar building constructed according to minimum standards found in the existing state building code. (i.e., 2009 International Building Code (including Chapter 13 Energy Efficiency)). To the extent required by law, contracts for construction/installation of the Redeveloper Public Improvements shall be bid in accordance with City procedures. Redeveloper may seek reimbursement from TIF Bond Proceeds up to Four Hundred Thousand Dollars ($400,000.00) for Energy Enhancements.
Energy Enhancements. Energy Enhancements shall consist of the following: Redeveloper’s cost, after deducting any Lincoln Electric System or other rebates, to construct and/or upgrade the energy, cooling, heating, lighting, insulation, windows, controls, equipment, hardware and/or software improvements and systems made to the New Building for the greater good of the community to exceed energy efficiencies in excess of that required by the City of Lincoln Building Code (i.e. Title 20 of the Lincoln Municipal Code). Specific Energy Enhancements to the Project shall include, but shall not be limited to: Air Compressor VFD, Boiler Economizer, Refrigeration Compressor VFD's, Refrigeration Evaporator VFD's, Advanced Energy Metering, Advanced Water Metering, and Low Flow Plumbing Fixtures.
Energy Enhancements. Energy Enhancements include, but are not limited to, energy efficient roof materials, energy efficient mechanical units, and increased levels of insulation in exterior walls and windows. Payment of TIF Bond Proceeds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that Energy Enhancements have been included in the design, construction, and/or operation of the Project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the amount or percentage of estimated energy savings to be realized from the Energy Enhancements over the reasonably anticipated life of the building compared to a similar building constructed according to minimum standards found in the local building code. (i.e., 2018 International Building Code (including Chapter 13 Energy Efficiency)). Redeveloper may seek reimbursement from TIF Bond Proceeds up to Fifty Thousand Dollars ($50,000.00) for Energy Enhancements. Redeveloper shall only be reimbursed for energy enhancement costs in the amount those enhancements exceed minimum standards (the “delta”).
Energy Enhancements. Redeveloper shall install Energy Enhancements including, but not limited to, energy efficient roof materials, mechanical unit placements, electrical fixtures which use LED lighting, increased levels of insulation in exterior walls, and triple pane windows. Payment of TIF funds to reimburse the Redeveloper for the cost of Energy Enhancements shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that Energy Enhancements have been included in the design, construction, and/or operation of the project. Such certification shall include, at a minimum, a description of the Energy Enhancements included and the amount or percentage of estimated energy savings to be realized from the energy enhancements over the reasonably anticipated life of the building compared to a similar building constructed according to minimum standards found in the existing building code.
Energy Enhancements. Redeveloper shall install Energy Enhancements which may include, but are not limited to, energy efficient roof materials, mechanical units, and electrical fixtures which use LED lighting and result in reduced energy usage. Redeveloper may seek reimbursement from TIF Bond Proceeds up to Five Hundred Thousand Dollars ($500,000.00) for Energy Enhancements. Reimbursement of the Developer from TIF funds shall occur only after Redeveloper provides a timely certification from the project’s architect or engineer to the City that the Energy Enhancements for which reimbursement is sought have been included in the design and construction and ultimately installed in the Redevelopment Project. Such certification shall include, at a minimum, a description of the Energy Enhancement for which reimbursement is sought and the amount or percentage of estimated energy savings to be realized from the Energy Enhancements when compared to the minimum requirements for such systems required by Chapter 13 of the International Building Code 2012 Edition. Lastly the certification shall include documentation acceptable to the City detailing the estimated cost to construct the building with the Energy Enhancements compared to the cost to construct the same building according to the minimum requirements of the International Building Code 2012 Edition. TIF funds may only be used to fund the difference in cost incurred by the Redeveloper to construct the building with the Energy Enhancements.
