CPC is performing open art surgery in Peekskill.A comprehensive program for the revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. of downtown Peekskill was launched recently as Mayor John Testa and City Council members joined with representatives of CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. Resources Inc. to break ground for the construction of new artist live/ work condominiums, artist loft rentals and retail space along Main Street. CPC Resources was selected through an RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. process by the City of Peekskill to acquire three vacant lots on Main and Diven Streets, as well as two rundown Rundown A summary of the amount and prices of a serial bond issue that is still available for purchase. rundown A list of available bonds in a municipal issue of serial bonds. vacant historic buildings on Main and North Division Streets. Plans call for the construction of three buildings with a total of 20 artist live/work condominiums and seven retail stores. In addition, CPC Resources will rehab two vacant buildings at 944 Main Street and 13 North Division with a total of four art loft rentals, commercial space and restaurant. Their historic facades will be fully restored. Construction of the $8.3 million project is expected to take 12 to 14 months to complete. In what is the first of its kind in Westchester County, the project will feature an innovative geothermal ge·o·ther·mal also ge·o·ther·mic adj. Of or relating to the internal heat of the earth. ge system that relies primarily on the Earth's natural thermal energy thermal energy Internal energy of a system in thermodynamic equilibrium (see thermodynamics) by virtue of its temperature. A hot body has more thermal energy than a similar cold body, but a large tub of cold water may have more thermal energy than a cup of boiling , a renewable resource Noun 1. renewable resource - any natural resource (as wood or solar energy) that can be replenished naturally with the passage of time natural resource, natural resources - resources (actual and potential) supplied by nature , to heat and cool the condos and stores. The geothermal system, which will be used to heat and cool condos and retail stores, will cost about $250,000. Each apartment will have its own system for heat, cooling and hot water. Geothermal uses the Earth's natural heat just a few feet beneath the surface where it remains relatively constant throughout the year, even though the outdoor air temperature may fluctuate greatly with the change of seasons. In the winter, the heat is collected through a series of pipes, called a loop, installed below the surface of the ground. Fluid circulating in the loop carries the heat to the home. In order to cool the home in the summer, the process is reversed with excess heat drawn from the home, then expelled to the loop and absorbed by the Earth. CPC Resources Inc., is the for-profit entity of The Community Preservation Corporation, a not-for-profit mortgage lender that finances multifamily housing. |
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