- C.To minimize the level of public investment required to acquire and redevelop real estate in the City of Saint Paul.
- D.To minimize the period of time that real estate is held by the HRA before it is sold or otherwise released for redevelopment.
- E.To maximize the resources available for future real estate acquisition and redevelopment.
- F.To provide equal opportunity for all minorities, women and small businesses to purchase HRA owned real estate.
III. PROCEDURES
A. RFP/RFQ
- The HRA may solicit development proposals for a particular site through a Request for Qualifications (RFQ) and/or a Request for Proposals (RFP). A RFQ is used to ascertain the qualifications of potential developers. A RFP is used to solicit specific development proposals for a site. The RFQ/RFP will reflect the type of development/developer sought by the HRA, and may specify other parameters as well (e.g. desired timeline for development, remediation requirements, density, affordable housing units, etc.). The RFQ/RFP will be advertised in four locations: (a) on the City's web site; (b) in local newspapers; (c) on the HRA agenda; and (d) on the real estate via a property sign; and notice will be given to the affected district council.
- HRA staff will evaluate any proposal(s) received under paragraph A(1) above and consider:
- A.The proposed reuse of the property, and the consistency of that reuse with existing or proposed zoning, comprehensive plan and approved small area plans, heritage preservation guidelines, if applicable, and community input of the proposal.
- B.If a housing project, conformity of the proposal with the City Housing Action Plan, including without limitation the achievement of the City's affordable housing goals.
- C.The consistency of the project with applicable City's design guidelines.
- D.The estimated total development cost for the proposed project, including the amount to be paid to the HRA for the real estate and/or additional public investment sought for demolition, remediation, infrastructure, etc.
- E.The estimated time to commence and complete the proposed project.
- F.Achievement of the Objectives of this Policy.
- G.Contribution of the proposal to the tax base of the City.