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<br />Outline of Selection Criteria & Process <br />for Master Developer RFQ <br /> <br />Why a RFQ for Master Developer? <br /> <br />. A master developer approach will support the development of a comprehensive plan for <br />the shoreline area which recognizes market constraints and opportunities of the site. The <br />plan would include complementary uses, connections between amenities, and <br />landscaping and lighting. The approach will also allow logical phasing of development. <br />. A master developer would be able to present land use choices to City, recognizing that <br />some types of development are profitable while others require significant investment. <br />. A master developer will work with the City to determine the most advantageous strategy <br />to finance development. <br />. A RFQ will enable the City to select a master developer based on their qualifications and <br />past experience. The developer will then work with the community to develop a <br />proposed plan for the shoreline area which meets the overall needs of the city. <br />. The RFQ process markets the site to a wide variety of development interests in order to <br />secure the most qualified developer. <br /> <br />Criteria <br /> <br />Quality of development team and its experience <br />Financial ability to fund development <br />Demonstrated success with similar projects (public/private partnerships; shoreline development) <br />Experience working with communities on highly political development projects <br />Willingness to participate in funding of technical studies <br />Ability to manage projects within schedule and budget <br />Process for developing a plan <br />References <br /> <br />Timeline <br /> <br />Draft RFQ to Marina Committee <br />RFQ issued <br />Responses Due <br />Evaluation of Qualifications <br />Developer Interviews <br />Preferred Developer Identified <br />Exclusive Negotiating Agreement (ENA) Negotiations <br />City Approves ENA <br />ENA Term/Pre-Development Period <br />Disposition and Development Agreement <br /> <br />September 11, 2007 <br />November 9, 2007 <br />January 15,2008 <br />February 15, 2008 <br />February 29,2008 <br />February 29, 2008 <br />March 28, 2008 <br />April 21,2008 <br />2 years <br />April 2010 <br /> <br />\\ch-fpO 1 \dept$\CM\DEP1\Assistant TO CM\Cynthia CMO\Marina\RFQOverview.doc <br />