Laserfiche WebLink
• <br />7. Developability (Begin new page) <br />A. Market and feasibility studies: (check appropriate box) <br />Yes <br />No <br />X <br />Have market and feasibility studies been conducted for the project? <br />• Market Assessment for Independent Senior Housing <br />• Town Center Fiscal Impact Analysis <br />• Building Condition Assessment (TIF Redevelopment Feasibility) <br />• YMCA Market Research Study <br />• Hartford Group is conducting its own market research studies <br />B. Developer's role: (check appropriate box <br />Yes <br />No <br />X <br />X <br />Is a developer(s) committed to the project? If yes - <br />Name of Developer(s) <br />Type of contract or commitment <br />Hartford Group, Inc. <br />Real Estate Purchase Agreement <br />YMCA <br />$5 million raised for construction <br />8. Readiness and Financial Aspects of the Project <br />A. <br />Yes <br />No <br />X <br />Is the development site as represented currently within a designated development district, <br />or an approved development (Le. PUD)? <br />B. _ Describe the applicant's controls of the site, or sites represented in the proposal? (check appropriate box) <br />X <br />Under option (Developer has control of private land contingent upon final approvals) <br />X <br />Own (City owns a portion of the project site, has preliminary development agreement with <br />developer <br />Condemnation <br />X <br />Within a TIF District Will be .laced in a district durin: a. •royals •rocess) <br />Other (list): <br />• C. If the site is not under the applicant's control, what steps will need to be taken in order to do so? <br />Limit 5 lines <br />10 <br />