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Agenda - Council Work Session - 01/28/2014
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Agenda - Council Work Session - 01/28/2014
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3/17/2025 4:17:08 PM
Creation date
1/29/2014 11:18:41 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
01/28/2014
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Non -Financial Readiness to Proceed: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Land use and zoning approvals have been obtained = 2 points <br />Circle: <br />Yes/No <br />Site Control: <br />Circle: <br />Yes/No <br />Circle: <br />Yes/No <br />Fee Title Ownership has been obtained= 5 points <br />Private Equity Percentage <br />Cash equity commitment of at least 5% down payment is secured: 5 <br />points. <br />Federal/Local or Philanthropic Partnerships: <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Project funds from the federal government, a local unit of <br />government, area employer and/or a private philanthropic, religious <br />or charitable organization. If applicable, provide percentage: <br />20.1% and above of the development cost= 10 points <br />15.1%-20%= 8 points <br />10.1%-10%= 6 points <br />5.1%-10%= 4 points <br />2.1%-5%= 2 points <br />Project Amenities - Check all that apply. <br />Applicant <br />Point <br />Allocation <br />City Point <br />Allocation <br />Community room/gathering area= 1 point <br />On -site fitness center= 1 point <br />Terrace/Courtyard or Roof top gathering area= 1 point <br />Indoor theatre= 1 point <br />Housing Assistance Policy Final Draft —Affordable (01/03/2014) <br />10 <br />
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