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C-2 <br />TW185\1\1011577.v13 <br />For purposes hereof, “Core Sustainability Elements” shall mean: <br />• (2) Darcy ground-source heat exchange wells with associated piping & heat <br />exchangers. <br />• Backup boilers & hot water piping to connect with ground-source heat exchange <br />wells. <br />• Approximately 18 Rooftop mechanical units (air-source and water-source heat <br />pumps). <br />• Additional electrical service & associated feeders to support electric HVAC <br />equipment. <br />• Additional controls associated with new building systems and Building <br />Automation. <br />2.1 Sustainability Certification. Any sustainability credit funds, as described above, if so <br />designated by the County, may be used in order to pursue, for the commercial building and <br />tenant improvements on the Subject Property, LEED BD+C New Construction certification at <br />the Silver level or above using the newest version available at the time of registration. The <br />LEED boundary for each improved parcel of land within the Development shall be the same <br />as the boundary of that parcel. <br /> <br />2.2 Building Decarbonization. <br />2.2.2 Energy Efficiency. Prior to issuance of the building permit for the tenant improvements to <br />be performed at the Building, Developer shall demonstrate, through the Plans and a whole <br />building energy model submitted to the JDA that will become a material term of the <br />Development Agreement, that the building and tenant improvements will achieve not less <br />than 26% better energy efficiency than the applicable Minnesota Energy Code when <br />compared to an ASHRAE Standard G baseline. <br />2.2.3 Electrification. Prior to November 1, 2025, Developer shall demonstrate, through the Plans <br />and a whole building energy model submitted to the JDA that will become a material term <br />of the Development Agreement, that the Core Sustainability Elements will be installed to <br />make the building heating system majority electric. Any fossil fuels used to provide energy <br />to the building must be calculated and such non-electric fuel use must be either offset by <br />an equivalent amount of carbon emission reduction from the building each year; or by <br />payment of an upfront fee to purchase at least twenty (20) years’ worth of offset credits. <br />Following the expiration of such credits, the commercial building must either be supported <br />by 100% electric power or must purchase carbon credits to offset the deficiency until such <br />time as the commercial building is supported by 100% electric power. <br />2.2.4 Renewable Energy. The commercial building shall, at a minimum, have a PV-/solar-ready <br />(“PV-ready”) roof. Prior to the issuance of a building permit for the tenant improvements <br />to be performed at the Building, Developer will obtain and provide copies to the JDA, of