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San Leandro Redevelopment Agency Surplus Property Disposition <br />I. HOW TO PARTICIPATE <br />Checklist for Responding to the RFP for Surplus Property <br />Prospective buyers and developers are requested to submit a proposal containing information in <br />sufficient detail to enable the Agency to fully consider the proposal. The information does not <br />have to be elaborate or professionally prepared, but it should give the Agency as complete a <br />picture as possible of what the prospective buyer intends to develop. The information should <br />include, but not necessarily be limited to: <br />Required <br />1. Address of property for which the proposal is being made, name and address of the <br />prospective buyer (and developer, if different), proposed price for the property to be paid <br />to the Agency, and description of the project for which the property would be used, and <br />mailing address, phone number, and e-mail address for proposal contact person. <br />2. Detailed statement describing the developer's previous experience with similar projects. <br />3. A site plan showing location of building(s), landscaping, and parking. <br />4. A schedule of the design and construction period, noting anticipated occupancy. <br />5. An estimate of construction costs and total development costs. (Reliance on public <br />funding is strongly discouraged and not to be expected.) <br />6. A statement explaining how the project would be financed, including the source and <br />amount of debt and equity financing. If funds are to be obtained from sources other than <br />the developer, a statement should be obtained from such sources indicating their <br />willingness to provide the necessary funds. The developer must have the financial <br />capacity to fund all predevelopment costs, which could include environmental analysis, <br />site surveys, plats and maps, soil studies, other data and analysis as needed, <br />architecture/engineering studies, etc. All financial information shall be treated with <br />strictest confidence by the Agency. <br />7. Respondents must disclose whether they are developing for a fee with the intent of <br />conveying the finished project to a third party owner or whether the developer will hold <br />the property for income purposes. If the proposed development is for a fee, the third party <br />owner must be identified. In either event, all associated fees paid to the developer must be <br />disclosed. <br />tional <br />8. If applicable, a ten-year operating pro forma showing all revenue sources, expense line <br />items, deductions from revenue such as vacancy and collection losses, and debt service. <br />Include all assumptions for revenue and expense increases. <br />September 2003 Page 2 of 6 <br />