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Home My WebLink About2006 CC RESO 2006-59 CDCRESOLUTION NO. 2006 — 59 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY APPROVING A POLICY ON RECRUITMENT AND SELECTION OF DEVELOPERS FOR THE DEVELOPMENT OF CDC -OWNED LAND IN THE CITY WHEREAS, the Community Development Commission was established to accomplish the objectives of the National City Redevelopment Plan; and WHEREAS, the Community Development Commission solicits developer participation to accomplish revitalization throughout the City; and WHEREAS, the Community Development Commission desires to standardize its processes to provide best practices for recruiting and selecting quality developers to participate in projects for the development of CDC -owned land in the City; and WHEREAS, the Community Development Commission staff has proposed a policy consistent with the recommendations of the California Redevelopment Association for developer recruitment and selection, for the development of CDC -owned land in the City. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City hereby approves the "Policy on Recruitment and Selection of Developers for the Development of CDC -Owned land in the City". Said Policy is attached hereto as Exhibit "A" and incorporated herein by reference. PASSED and ADOPTED this 28th day of March, 2006. ATTEST. j C ¶s Za. a, Executive Director APPROVED AS TO FORM: George H. iser, III - City Attorney POLICY ON RECRUITMENT AND SELECTION OF DEVELOPERS FOR THE DEVELOPMENT OF CDC -OWNED LAND IN THE CITY This process shall be followed in the selection of developers after a Request for Qualifications/Proposals ("RFQ/P") issued by the Community Development Commission ("CDC") for projects for the development of CDC -owned land in the City. 1) The Project Manager assigned to any CDC project shall be the point of contact for the City/CDC regarding projects, for purposes of developer submittals, follow up inquiries and status updates. In the event the Project Manager is absent from duty or is unresponsive, the Executive Director or designee shall serve as point of contact. Inquiries received by the Chair or Board members should be promptly referred to staff. 2) Submittal deadlines shall be strictly adhered to. Late submittals will be deemed incomplete and shall not be considered. 3) Upon closing of the submittal period, the Project Manager shall review all proposals for completeness. a. Incomplete proposals shall either be deemed unqualified or applicants can be contacted to complete their submittals. Either approach may be taken at the Project Manager's discretion, however if a decision is made to allow applicants to complete submittals, this privilege must be extended to all applicants of a given RFQ/P 4) A review panel shall be created to review all complete submittals. The panel composition will be recommended by the Project Manager and shall be approved by the Executive Director prior to convening for submittal review. a. The panel may include any of the following: staff from the CDC and City departments, staff from outside agencies having experience relevant to the proposed project, and CDC or City consultants with special expertise relevant to the proposed project. Consultants invited to sit on a review panel must adhere to state and city conflict of interest regulations and must disclose any relationships, whether past or current, with any applicant prior to convening the panel. b. The complete submittal package shall be provided to all panel members with ample time for review prior to convening a meeting. A ranking sheet correlated to the RFQ/P criteria shall be created and used by each panel member, copies of which shall be retained in the working files of the Project Manager until the selection process is complete. c. Interviews may or may not be held with the applicants, at the discretion of the Review Panel. EXHIBIT A d. Reference checks shall be conducted by staff prior to a list of finalists being submitted to the Board/City Council. 5) The Review Panel shall short-list the range of applicants. The finalists shall make full presentations of the submittals to the Board/City Council if necessary. 6) On the Wednesday preceding the CDC Board/City Council meeting at which developer selection will be considered all Board/City Council members shall be provided the following, at a minimum: a. A copy of the original RFQ/P b. A copy of each of the original submittals of the finalists c. Any updated materials submitted during the ranking process d. A summary ranking sheet of the submittals e. A written report of reference check findings 7) The Board/City Council may select a qualified developer, or reject all applications and initiate a new RFQ/P process at its sole discretion. Request for Developer Qualifications/Proposal Outline (I) Introduction A. Summary description of desired improvements and basic acquisition B. Summary description of site C. Summary of proposal contents and dates (2) Site Description A. Location B. Size C. General description -grade, adjacent lots, etc. D. Site preparation upon delivery E. Political description jurisdiction, property assessment, etc. F. Zoning G. Maps and exhibits (3) Area Description A. Community level socio-economic data B. Economic activities C. Recent private developments D. Municipally -sponsored redevelopment and development projects E. Maps and exhibits (4) Description of Desired Development A. Scope -size, F.A.R. or density, quality, etc. B. Type -land use mix or, for residential, unit mix C. Special considerations -cultural facilities to be incorporated, aesthetics, City image creation, socially defined goals, etc. D. Maps and exhibits (5) Permitted Basis for Property Acquisition A. Lease (with general terms) B. Sale C. Other, e.g., joint venture D. If more than one method, basis for comparison, e.g., present value (6) Proposal Submittal Guidelines (Not Project Specific RFQ & RFP) A. Development Team 1. Description and capitalization of responsible entity (individual, partnership, corporation) 2. If specifically created entity, then also liability of and guarantees by participants 3. Experience of proposer in similar projects B. Financial Information 1. Capability to do project based on evidence of commitment by participants and/or lend- ers and joint venture partners 2. At least 3 references from business and credit sources 3. Financial statements — 2 years C. Disclosures 1. Any and all felony arrests/convictions of any principle during the 10 year period prior to submittal 2. Any and all litigation, whether voluntary or involuntary, related to a development or redevelopment project within 3 years prior of submittal 3. Any and all bankruptcy filings on behalf of principals in the development team 4. Statement of Economic Interest (7) Proposal Submittal Guidelines (ProjectSpecific — RFP only) A. Project Description 1. Site plans, schematics, phasing, and models (optional) 2. Building materials and layout, roadways, landscaping, parking 3. Project pro forma information: a. Development budget, cost per square foot in constant dollars; b. Pretax cash flow with line items for revenues, expenses, net operating income and debt service; c. Identified amount and source of equity & debt financing, interim and permanent; d. Public financing needed; e. Anticipated rent per square foot, sales per square foot (for retail), room rate (for ho- tel) all in constant dollars; f. Expected lease -up period, inflation rate; and g. Evidence of pre -leasing anchor tenants and hotel operators, as appropriate. B. Acquisition Method -Sale or Lease 1. Proposed price and payment terms lease 2. Proposed lease terms: a. Option payments and interim rents; b. Base rent with provisions for periodic adjustments; c. Percentage rents; d. Participation in sale or refinancing; and e. Projected rent schedule for agency (match ing pro forma set forth in A.3 above) C. Schedule of Performance 1. Anticipated negotiation period, DDA execution date, etc. 2. Deposits, option fees, holding rents, etc. prior to construction 3. Evidence of fmancing 4. City/Agency requirements-e.g., bonding, rezoning, infrastructure 5. Committed or contingent construction start dates D. Property Management and Organization E. Outline of Benefits to the City 1. Direct revenues generated to the City by the project 2. Tax revenue increases by type to the City 3. Other benefits-e.g., prestige, aesthetics, cultural improvement (8) Deadlines and Evaluation Criteria A. Submittal deadline B. Submission requirements C. Contact person D. Proposal review schedule E. Selection criteria -rating sheet, weighted selection items (optional) (Note: This guideline is based on the California Redevelopment Association model) Passed and adopted by the Community Development Commission of the City of National City, California, on March 28, 2006, by the following vote, to -wit: Ayes: Councilmembers Inzunza, Morrison, Natividlad, Zarate. Nays: None. Absent: Parra. Abstain: None. AUTHENTICATED BY: NICK INZUNZA Chairman Community Development Commission Secretary Comm Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2006-59 of the Community Development Commission of the City of National City, California on March 28, 2006. Secretary Community Development Commission By: Deputy