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- Revolving Loan Fund: Special Project Vote for State Farm Center
Revolving Loan Fund: Special Project Vote for State Farm Center
Posted by Avery Maris Maloto on November 16, 2020
The following email was sent on November 16, 2020 to the RLF Selection Committee:
Revolving Loan Fund Selection Committee,
I want to thank everybody again for your participation in the previous selection process. With the completion of that vote, the RLF fund source still has approximately $300,000+ available and a time sensitive submission from DIA has been received recently. The project being submitted is for a Retro-Commissioning (RCx) effort at the State Farm Center. RCx efforts see great results under normal operating conditions, but with the pandemic, significant savings could be realized now that many events are being cancelled and the facility is not being utilized at its full capacity. The request is for $250K and could see a payback of less than 2 years. Please see the attached document for more information.
We don’t necessarily need to score this project, all we need is a majority decision (yes or no) to approve.
I ask that you please reply with your individual yes (in support of funding) or no (decline funding approval) votes before November 26, 2020 (10 days away).
... Thank you again for your continued support of the RLF program.
See the attached file to read details about the Retro-Commissioning (RCx) for the State Farm Center.