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Item B: West Broadway Purchase Options
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CC Agenda - 11/27/06 Work Session
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Item B: West Broadway Purchase Options
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6/9/2010 1:17:29 PM
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11/21/2006 2:59:24 PM
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City Council
City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
11/27/2006
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<br /> <br /> <br /> <br />D. Financial Capability <br /> <br />1.Provide a preliminary financing strategy for the redevelopment concept <br /> <br />including preliminary identification of equity and debt sources (such as <br />developer equity, lender letters of interest, etc). <br />2.Demonstrate previous experience with financing similar developments in urban <br /> <br />areas. <br />3.Provide a statement indicating willingness to submit corporate financial <br /> <br />statements or other documents presenting the financial condition of the <br />development team. <br /> <br /> <br />E. Public Benefit <br /> <br />1.Describe how the redevelopment concept will integrate with and enhance <br /> <br />downtown. <br />2.Describe the level of public assistance requested for the proposed project. <br /> <br />3.Describe benefits in terms of financial return to the city, number of housing units <br /> <br />with range of incomes, and potential jobs created. <br /> <br />
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