CC PACKET 05111982 - Laserfiche WebLink

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C. Screening of developers and proposals. Following sufficient response time, proposals and qualifications will be reviewed and investigated. A summary form will be prepared listing evaluation criteria and pertinent comments on how developers and their proposals meet the criteria. D. HRA developer selection. The qualifying developer proposals and -evaluations will be presented to the HRA. These will be discussed and reviewed in detail with the staff and Commissioners. Following the HRA's acceptance of the proposals:, developers will be asked to make formal presentations and attend interviews. Based upon the written and verbal information, the HRA will proceed to select a • developer and authorize the negotiation of a development contract. STAGE III •- PROJECT ESTABLISHMENT A. Negotiation and sign development contract. With the assistance of the HRA staff and attorney, -a development contract will be drafted and submitted to the preferred developer. Points of the contract will be negotiated and refined, and upon general acceptance by HRA repre- sentatives and the developer, will be reviewed by the Commissioners. Assuming acceptance on the part of the HRA, the contract will be signed by the developer and subsequently by the HRA. B. Preparation and enactment of legal requirements. In conjunction with the HRA attorney and bond consultant, the required background informa- tion, exhibits and documentation will be established for the tax increment procedure. This material will be processed through re- quired hearings and meetings of the HRA, Planning Commission and City Council . Subsequently, the required documentation will be recorded and established with the County. C. Bond sale. Primarily within the jurisdiction of the HRA bond consultant, bonds for the project will be advertised and sold. STAGE IV - PROJECT IMPLMENTATION A. Exercise property purchase option. Upon receipt of capital , a first step of project implementation will be to secure the property for re- development and improvement. This task will be largely the responsi- bility of the HRA attorney. Northwest would assist as necessary. B. Organize and implement relocation. Those persons and/or businesses to be displaced would be recontacted and arrangements made for their orderly relocation. It is expected that. relocation would be phased and scheduled based upon the development and construction plans. Much of this work should, however, be a formality, as contact with the concerned individuals would be maintained throughout the entire process beginning with Stage I of work. 8