Laserfiche WebLink
Each Developer submitting a Proposal shall submit a transmittal letter. The content and format <br />of the transmittal letter that shall be submitted is attached as Appendix. <br /> <br />The transmittal letter shall be signed by a Principal (an individual) authorized to make <br />contractual representations on behalf of the Development Team. The transmittal letter shall <br />include a statement that, to the best of the Principal's knowledge, information and belief, all of <br />Developer's Proposal material and information is correct, accurate, and submitted without <br />collusion. The transmittal letter shall provide the Principal's contact information including name, <br />address, telephone number(s), e-mail, and fax number and the name of the representative <br />authorized to act on behalf of the Developer. <br /> <br />The transmittal letter shall include a statement that the Developer intends to and shall submit a <br />payment to the City at the rate of one-quarter of one percent (0.25 %) of the Proposed Project <br />Value (fully built) as an earnest money deposit upon execution of the Exclusive Negotiations <br />Agreement with the City. The earnest money deposit shall be cash or certified funds and will be <br />deposited into an interest bearing escrow account suitable to both parties. In the event that the <br />City and the Developer do not successfully complete a Developers Agreement within 120 days <br />of the dates of the Exclusive Negotiations Agreement, proceeds from the escrow account will be <br />fully refunded to the Developer. (INSERT SOME LANGUAGE THAT INDICATES THE <br />REASON FOR THE EARNEST MONEY DEPOSIT) <br /> <br />Section 1: Development Team <br /> <br />Developers shall provide a list of firms included in the development team and their respective <br />roles and responsibilities and references including: <br /> <br />1. Developer <br />2. Architectural/Engineering Team <br />3. Legal Counsel <br />4. Financial Institution/s <br /> <br />Section 2: Land Assembly Plan <br /> <br />Developers shall provide a plan on their approach to assemble all parcels required for the Project. <br />This plan should include the following: <br /> <br />1. Discuss and explain the Developer's legal and financial approach to acquire property for <br /> the Project. <br /> <br />A full and complete list of any and all parcels of the Land the Developer currently has <br />under its control including copies of Option or Purchase Agreements that clearly indicate <br />this fact along with the price and terms agreed to by each party. ALL Option and <br />Purchase Agreements must be fully notarized and in a recordabte format. (NOTE: parcels <br />under control for just this site or anywhere?) <br /> <br />Ramsey Crossings - Request for Proposals <br />10 of 13 <br /> <br />-317- <br /> <br /> <br />