Kinetic Opportunities At PuebloPlex Can LRAs Benefit from Energy Development? September 26, 2013
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 3 3 PuebloPlex Background Established as the Pueblo Army Depot in 1942 Originally for the storage and supply of ammunition Employment fluctuated between 1,400 and 1,800 during WWII At the end of WWII, the facilities were expanded to intake war materiel Mission Change in 1951 – Mission Migration Regional storage facility for strategic and critical materials Calibration and maintenance of multiple platforms Peak employment on April 3, 1953 with 7,791 people on payroll 15% of Pueblo’s population worked at the Pueblo Army Depot Nearly 2 of 5 workers in Pueblo, worked at the Pueblo Army Depot; so this location has a history and a LORE
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 4 4 PuebloPlex Background Chemical weapons arrive in 1952 Pershing Missile Destruction Intermediate-Range Nuclear Forces Treaty (INF) War Memorabilia Nazi art and relics held for repatriation to (West) Germany into the late- 1990’s Base Re-Alignment and Closure (BRAC) 1988 Round Mission consolidation of 1951 reversed; mission dispersed Chemical Weapons Destruction Convention on the Prohibition of the Development, Production, Stockpiling and Use of Chemical Weapons and on their Destruction Sole remaining mission: Safely Store Chemical Weapons Awaiting Final Destruction Miami Vice – c. 1988
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 5 5 PuebloPlex Facts Assets to be developed: 22,847.5 acres of land – 7,000.5 acres reserved for chemical destruction (2021); 15,847 acres for immediate development 1,136 structures – 6.5m sf; 3.1m sf under current master lease 160 miles of paved road 48 miles of rail Master lease terminates February 29, 2016; negotiating extension presently Largest economic development by land size in the BRAC process – equivalent to Cheyenne; 1/3 larger than Longmont, CO; 10% larger than Boulder, CO; 68% larger than Portland, ME’s land area of 21.31 sq mi.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 6 6 PuebloPlex – Site Re-Use Plan (Subject to reconfiguration in 2014) UseSpace (Acres)Percent Usage Recreational5.70.02% Industrial8,455.037.04% Residential210.00.92% Wildlife Management Area 14,154.062.01% Total22,824.7100.00%
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 7 7 Opportunity Continuum Urban LRARural LRA Renewable Energy Conventional Energy PuebloPlex seeks to attract utility-scale projects that fully utilize the space available, contribute to energy independence and attract high-paying, skilled positions.
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 8 8 PuebloPlex Preparedness Impediments Master Lease through 2/19/2016 Staggered conveyances anticipated 60 SWMUs on site – working on curtailing land-use restrictions Re-doing re-use plan in 2014 Highly sensitive mission on site until 2021 Toxic mission may cause trepidation
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 9 9 PuebloPlex Preparedness Positives Wide O P E N spaces; ~ 23,000 acres Suitable for utility scale (solar) projects NREL studied – January 2012 Utility infrastructure surrounding PuebloPlex Renewable content legislation in Colorado Politically supported; statutorially supported Large tracts of undeveloped land
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 10 10 PuebloPlex Map
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 11 11 NREL Study – January 2012 LocationGlobal Insolation (kWh/m 2 /Day) Resource Classification Pueblo Chemical Depot 5.97 to 6.01Excellent 30 MW PV30 MW CPV100 MW CSP Land Use (acres/MW) 767 Total Land Required (acres) 210180700
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 12 12 Colorado Renewable Energy Requirements
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 13 13 PuebloPlex Projects No active projects Legal restrictions – predicated on modified (updated) land use plan (2014) Utility size projects only Potential off-takers: Xcel, Black Hills, Tri-State Part of a privatization of electrical infrastructure Seeking projects creating net-value Not seeking to throw money away Positive return and long term growth
2013 ADC BASE REDEVELOPMENT FORUM | PAGE 14 14 Michael Clarkson Analyst & Project Manager PO Box 11467 Pueblo, CO 81001 +1.719.947.3770 HQ@PuebloPlex.com HQ@PuebloPlex.com