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· Ability of the developers to implement high quality development projects within <br />budget and with timely project delivery, including a limitation on claims or delays <br />that may affect project timeliness. <br />· Evidence of prior successful experience developing and selling below market rate <br />housing. <br />· Evidence of and commitment to Green Building fundamentals and integration into <br />the project design and construction. <br />· City subsidy, if any, required ensuring project viability. <br />· Other factors as appropriate. <br /> <br />Next Steps <br />Schedule <br /> <br />City staff has proposed the following schedule, which reflects the City Council’s <br />commitment to proactively addressing the serious affordable housing issues facing <br />Redwood City and the region. <br /> <br />• Publication of RFP April 2018 <br />• Proposal Submittal Deadline May 31, 2018 <br />• Proposal Presentations June 2018 <br />• Selection of Preferred Developer September/October 2018 <br />• Agreement Negotiations October-December 2018 <br />• Execution of Agreement January/February 2019 <br /> <br />ALTERNATIVES <br />Direct staff to revise the RFP documents and publish the RFP or return to Council for <br />further review and consideration. <br /> <br />FISCAL IMPACT <br />Issuing the RFP and managing development of this Site can be accommodated within <br />existing budgetary authority. <br /> <br />ENVIRONMENTAL REVIEW <br />The staff recommendation is not a project under the California Environmental Quality <br />Act. Selection of a developer for the Heller Site and entering into a development <br />agreement would be subject to CEQA. Prior to issuance of entitlements, a proposed <br />affordable housing project would be reviewed in accordance with CEQA and the <br />Redwood City municipal code. <br /> <br /> <br />6.1.A. - Page 5