1. Project’s Relationship to City Priorities How does the proposal advance a City priority?
- Is the project consistent with the City Comprehensive Plan?
- With a specific Neighborhood Plan?
- With specific City department plans?
How did the project come to the City’s attention?
- Response to a specific Request for Proposal?
- Unsolicited proposal from a private party?
- Sought by a public entity outside the RFP process?
What are the reasons for engaging in a partnership?
- What are the City’s reasons for pursuing this project as a partnership rather than
alone?
- What are the private party’s stated reasons for pursuing the project as a
partnership with the City?
- How much will the project cost if a partnership is pursued?
- How much would the project cost if undertaken using only public money?
2. Anticipated Public Benefit
What are the anticipated public benefits of the project?
Please quantify the following:
Economic return
- What is the anticipated increase in tax revenue over the life of the project?
- Is there any other anticipated revenue to the City from the project?
- Was there an independent appraisal of the property? If not, why?
Economic vitality
- How many jobs (construction and other) will be created overall?
- How many jobs will be created for target populations?
- What is the breakdown of wages and employee benefits of the jobs that will be generated?
- What is the potential for the project to be a catalyst for additional development?
- How will this development address or mitigate localized or citywide adverse economic
conditions?
Public amenities
- What other public benefits will be gained from this project?
- In what way has design quality been addressed?
Viable alternatives
- In what ways is a public-private partnership necessary to attaining the public benefit
in this case?
- Are there ways to achieve similar benefit with less public funds or no public
investment?
Measures of performance
- Through what means will the City seek to assure that the anticipated benefits will
materialize?
- What are the safeguards in the agreement?
- What is the mechanism(s) through which the City and its partner will prevent/respond to
cost overruns?
3. Assessment of Related Impacts
What is the risk to the City in undertaking the project?
- What is the nature of the risk (financial or other) throughout the life of the project?
- How will assets and liabilities be distributed if and when the project ends?
- How are the risks shared between the private entity and the City?
- What is the risk of not taking on the project?
4. Applicable State and Local Laws
- Identify applicable state and local laws and method of compliance.
5. Citizen Engagement
How has the City obtained meaningful citizen input on this project?
- What is the nature and content of citizen input to date?
- What further public engagement is anticipated?