AgdaPkt 2015-05-18 Closed and Joint SA and PFA

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9.C. - Page 24 • The selected developer will be solely responsible for receiving all necessary approvals including financial, development and environmental from both the City and outside agencies. All approvals must be completed within the project schedule. The City will provide the developer with a reasonable period of time to obtain approvals.The City will make no guarantee about the granting of the requested approvals. • The City reserves the right to select and compose a development team from those firms that respond to the RFP. ® Selection of the development team and entering into an ENR in no way obligates the City to enter into a DDA with the preferred developer.Agreements must be approved by City Council. • All off-site and on-site predevelopment costs will be at the sole cost and expense of the developer, including, but not limited to gas, water, electric and sanitary sewer services, storm drainage, access, grading, all physical and environmental mitigation measures, and development impact fees. SCHEDULE The dates and milestones below are tentative, and the City reserves the right to alter them as necessary to select the most appropriate Proposal. The City may, at any time, terminate discussions with either party, choose to not proceed with the project, or take other actions it deems in its best interest, without incurring any obligation to proposers. Proposers acknowledge that their participation and costs associated with that participation are borne solely by them. Publication of RFP May- June, 2015 The RFP will be published and Developer's will be invited to submit Proposals to the City. The RFP may be viewed, printed or downloaded from the City's website. Proposal Submittal Deadline July, 2015 In order to receive consideration, Proposals must be received by the City no later than 5:00 p.m., Pacific Standard Time on [DATE], 2015. Proposal Presentations September, 2015 At separate meetings, each development team shall present their Proposals to the City committee directed to review the proposals. Selection of Preferred Developer October, 2015 In [DATE], the City committee will recommend to the City Council a preferred Developer to begin negotiations for the appropriate development agreement. The Council may consider, among other factors, the following information when making their decision: The qualifications of the proposers; Proposals; the conceptual designs submitted in the Proposals; the likely stimulating effect of the uses proposed; the project objectives as described in this RFP; and the potential benefits for the City.The City reserves the right to choose whichever Proposer it prefers and is under no obligation to select either. 14