Phase One: A RFQ review team will evaluate developer submittals. In addition to staff, this team would include members of the Housing Commission and the Parks Commission. The initial review will determine conformance to submission requirements and whether respondents meet minimum qualification criteria established. Review will include the developer's acceptance of RFQ terms and completeness of submissions. Experience in development of comparable projects will be considered and as will demonstrated ability of the development team to deliver a quality project.
Phase Two: The City may request additional information from the most qualified developers and potentially interview of most qualified applicants.
Phase Three: The RFQ review team will then complete a scaled criteria review in order to provide a recommendation to the Housing Commission and City Council for consideration.
Phase Four: The Housing Commission will review the developer submittals, and the recommendations of the review team. Respondents will be invited to present their qualifications before the Housing Commission. The Housing Commission will provide a selection recommendation to the City Council.
Phase Five: The City Council will make the final developer selection and an initial agreement between developer and City will be executed.
Phase Six: The Selected developer will then produce a detailed proposal for development in terms of the design and projected affordability mixes. In addition, the developer will provide a detailed project financing plan, to be reviewed by a panel of experts selected by the City to determine project feasibility. The City will enter into exclusive negotiations leading to a development agreement, division of the property, and transfer of site control to the selected developer.