Agmt18 Economic and Planning Systems, Inc.

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EXHIBIT "A" SCOPE OF SERVICES Redwood City is currently engaged in an assessment of greenspace in its downtown area. In the course of this effort, the lot at the corner of Winslow and Hamilton Streets was highlighted as an underused parcel with potential for civic and/or mixed-use development. It currently functions as a city -owned public parking lot. However, given the centrality of the site, the City would like to explore alternative land uses for this lot to determine its potential value from an economic perspective. To support both the City's immediate and on-going planning efforts, Consultant will develop a financial model that can be used as a tool to estimate land value and test the financial implications of various land development options and deal structures. This model will focus on addressing immediate questions related to the value of the lot as a real estate asset. But it's important to stress that the type of financial analysis proposed herein will not constitute a formal appraisal of the site. Consultant will perform the following: Task 1: Define Analytical Parameters and Scenarios — define the applicable zoning and related land use assumptions and parameters applicable to alternative uses evaluated, including allowable height, floor area ration, parking ratios, public open spaces, etc., by land use. Task 2 Conduct Financial Analysis — develop a financial model to evaluate the development feasibility and resulting land value for each of the two (2) scenarios established above. Task 3 — Prepare Draft and Final Deliverables — document the analysis described above in a Draft Technical Memorandum for review by City Staff. Page 9 of 10 REV: 05-17-18 VR ATTY/AGR.2018.1011EPS - Economic and Planning Systems