5.7.A. SR 03-13-2006 - Laserfiche WebLink

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Memorandum Project Name: Project Number: Elk River Library KKE 0606.1159.01 To: From: Date: Subject: Bill Maertz Jennifer Anderson-Tuttle March 9, 2006 Elk River Library - LEED Copy To: File, Mohammed Lawal Understanding the benefits and the range of associated cost for doing a green building, and in this case specifically, a "Platinum" rated LEED building, is an important part of the process. The cost as we have discussed can vary greatly depending on the strategies that we, the design team and you the owner, set as our shared goals. The range in cost can be discussed in an early Concept Stage as being between 5-12%. More specific cost will be developed as part of the process. At the end of the Schematic design phase, an energy model of the building will be developed simultaneously as an estimator will be developing project cost. With the development of these items the team will then be able to compare bundles and their associated paybacks to confirm our direction. Some of the Benefits and paybacks that can be expected in doing a Green building are as follows: . Reduced Operational Cost . Improved Employee Productivity . Improved Patron Comfort thusly increased use and support . Publicly visible commitment to the environment As the Owner, the most obvious payback will be in terms of operational cost savings. As already noted, at this point in the project we can estimate the associated increase in project cost for doing a Platinum LEED building to be somewhere between 5%-12%, which can be calculated to be $130,000 to $312,000, based on an estimated construction cost of 2.6 million. This cost can be compared to possible operational cost savings to determine the payback point. In our recent project experience doing LEED certified projects, and projects based on those same principles, we have planned for and achieved an approximately 50% reduction in operational cost from that of a code based building. Achieving an even higher percentage of reduction in operational cost for a platinum rated building would be entirely possible depending on the strategies adopted by the owner and design team. These numbers are, at this point, budgetary ranges. Accurate data will be developed as part of the Schematic Design. We look forward to further discussions and development of this exciting project.