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MARKET ANALYSIS <br />The City of Ramsey has not conducted a formal market analysis for the site, but local <br />housing sales data are available for review, as are population growth projections for the <br />entire city. <br /> <br />CITY OF RAMSEY COMMITMENTS <br />· :. Acquire land: The site is already in City ownership. <br />· :. Construct public improvements: The City will participate in the construction of <br /> necessary public improvements primarily focused on trunk systems. <br />· :. Construct park improvements: The City will participate in construction of park <br /> improvements, including a linear open space/trail along the shoreline of Sunfish <br /> Lake. Additionally, a portion of the property could be utilized for active park <br /> purposes such as a possible playground area or a dock on Sunfish Lake. <br /> <br />DEVELOPER COMMITMENTS <br />· :. Purchase the site: The developer will purchase the site (private area only) from the <br /> City. <br />o~. Prepare the site: The developer will prepare the overall site (including public areas) <br /> for development. <br />o:. Construct public improvements: The developer will participate in the construction of <br /> necessary public improvements primarily focused on lateral utilities and private <br /> streets. <br />· :. Construct park improvements: The developer will participate in the construction of <br /> park improvements where these improvements provide direct benefits to the private <br /> development. <br />· :. Construct housing: The developer will finance and construct a housing project subject <br /> to the conditions of plan approvals and a development agreement. <br /> <br />SELECTION CRITERIA <br />Selection criteria include the developer's experience with similar projects, success of <br />previous public/private development projects, and uniqueness of vision for the project <br />site. <br /> <br />SUBMISSION DOCUMENTS <br />This Request is not intended to generate formal proposals. The Ramsey Housing <br />Committee seeks to evaluate developer interest, experience, financial capabilities, and <br />perspective on the development capacity o£ the site. Please include any additional <br />infommtion that will assist the Committee in assessing your interest and qualifications. <br /> <br />1. Developer name, address, contact person, telephone and fax numbers <br />2. Name of proposed Project Manager and resume of experience <br />3. Description of experience working within public/private development projects <br />4. Description of representative development projects completed in the last five years. <br /> Provide a more in-depth discussion of the most relevant project with regard to design <br /> considerations and the public/private collaboration. <br /> <br />Request for Proposals <br />City of Ramsey <br /> Page 4 of 5 <br /> <br /> <br />