Attachment 1

Public-Private Partnership Protocol

A. Overview of Project

B. Profile of Partners

(makeup of partnership; financial and project delivery capacity of private partner; private partner’s history as a responsible employer; private partner’s history as a responsible environmental steward)

C. Proposed Timetable for Project

D. Financial Transaction Summary

(anticipated sources and uses of funds made available by the City and partners; bonding authority used; special fund source constraints; to the extent possible at the time the Partnership Protocol is drafted, note funds of the type proposed for use that will be remaining if this project is funded)

Relationship to City Priorities

Calculation of Public Benefit

Assessment of Related Impacts

Applicable State and Local Laws

Citizen Engagement

(cover sheet)

 Partnership Protocol

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 return 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?