#14 - Old Fire Station RFP - Laserfiche WebLink

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retain some public parking would be awarded points if determined that it enhances the public space. b. Economic Impact (10 pts) This section evaluates the anticipated economic impact of the proposal to the community. Points will be awarded based on projected job creation, support for local businesses, tax revenue generation, and long-term economic success. Points will be awarded as follows: • Proposed Use and Job Creation (5 pts) – The proposed use should consider small businesses. • Draw to the Old Village (5 pts) -- The type of development should attract residents from Lake Elmo and surrounding areas to the Old Village. Explain how the development will encourage people to live near the Village Area. c. Developer Qualifications (25 pts) This section examines the developers’ capabilities to execute the project effectively. Points will be awarded as follows: • Experience and Success (10 points) – Demonstrated success with similar projects. Provides references. • Approach & Timeline (5 points) – Plan includes a clear timeline and development plan with outlined costs (rough estimate). • Proof of Funds (10 points) – Evidence of financial capability to complete the project as proposed. VI. REJECTION OF PROPOSALS A. Selection does not Guarantee a Purchase Agreement This RFP shall not create any legal obligation of the City to evaluate any proposal that is submitted or to enter into any purchase agreement with a respondent who submits a proposal except on terms and conditions that the City deems, in its sole and absolute discretion, to be satisfactory and desirable. All proposals should contain an affirmative statement regarding whether there is any “conflict of interest” with the City, its elected and appointed officials, and the respondent. The City reserves the right to reject any and all proposals received and the right to waive non-material formalities and technicalities according to the best interests of the City. The City reserves the right to select a respondent or multiple respondents for the purchase of the Property. The City is not obligated to select the proposal with the highest offering price, as it is considering other factors that are outlined in this RFP in addition to price. By submitting a proposal, the Respondent acknowledges its understanding of the requirements of this RFP and agrees to be bound to the same when negotiating the purchase agreement, if its proposal is selected by the City. B. No Liability for Expenses or Costs