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9.C. - Page 21 <br /> e) Any estimated City subsidy requested indicating where the subsidy would be used. <br /> f) Provide full financial statements for the lead development company for years 2012, 2013 and <br /> 2014. Audited statements are preferred if available. Please list all long-term outstanding debt <br /> including lender, amount and date due. If the lead company is a subsidiary, please provide the <br /> financial statements of the parent company. <br /> Property Management Experience <br /> Provide a list of apartments, mixed-use buildings, or other relevant projects that the company currently <br /> manages. Include the project location, number of units, number of affordable units, number of years <br /> under company's management, name and address of the property owner and current vacancy rates. <br /> Estimated Project Schedule (Milestones) <br /> Proposers shall provide a detailed project development schedule through completion that contains time <br /> and performance benchmarks. Include all predevelopment activities, and any plans for phased <br /> development. The Project schedule shall address all phases of the project including acquisition, <br /> entitlements, design, construction, marketing, and tenant selection(s). <br /> References <br /> All the major members of the proposed development team shall provide references, which must include <br /> at least two from financial institutions, including lenders, and clients including a public agency from <br /> which the developer has received entitlements for a similar development. Please include name of <br /> contact,title, address and phone number. <br /> PROPOSAL EVALUATION AND SELECTION <br /> The City Council of Redwood City has ultimate responsibility for the selection of the preferred Proposer, <br /> with the assistance of City staff and consultants as needed.There is no guarantee that the City will select <br /> any of the respondents to develop the Project and any Proposals shall be submitted at the proposer's <br /> sole risk and cost. All Proposals must include the following information. The City of Redwood City <br /> reserves the right to reject any Proposals that do not address the following items: <br /> Evaluation Criteria <br /> In the selection process, emphasis will be placed on understanding of Redwood City's Downtown Precise <br /> Plan and goals for the project, the directly relevant qualifications and financial capacity of the <br /> respondent, and the financial terms being proposed. Submittals will be evaluated based upon the <br /> following criteria: <br /> The development concept for the Site that meets the City's Goals and Objectives including the <br /> value of each that are achieved by the development. <br /> 11 <br />