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a, 7.A. - Page 21 <br /> 4. The Financial Assessment <br /> a. Were both sale and lease options provided? <br /> b. Is the offered sale price sufficient to cover all costs of the development for the City, such <br /> as the relocation of the culvert, the creation of Depot Circle, and consultant costs? <br /> c. Which project best addresses the long term fiscal goals of the City? <br /> 5. The Schedule <br /> a. Will the project be completed quickly? <br /> b. Is the project's financing sufficient, committed, and immediately available? <br /> c. Will the project be broken into phases, with only the first phase developed within the <br /> next two to three years; or will it be completed in its entirety within two to three years? <br /> d. Are there committed tenants that are ready to occupy the buildings as soon as they're <br /> completed? <br /> e. Does the schedule achieve an appropriate balance between optimism and realism? <br /> f. Is the developer highly experienced with the proposed uses, the proposed building type, <br /> and operating in a Downtown setting? <br /> 6. Minimization of Construction Impacts <br /> a. Does the proposal include a strategy to maintain viability for neighboring businesses to <br /> the greatest degree possible? <br /> b. Is auto, bike, and pedestrian access maintained in the vicinity of the project to the <br /> greatest degree possible during construction? <br /> c. Is the developer proposing a sufficient public outreach strategy? <br /> d. Does the developer demonstrate a good understanding of the Redwood City community <br /> and its needs? <br /> Page 2 of 2 <br />