OWNER-OCCUPIED HOUSING DEVELOPMENT PROJECT

expired opportunity(Expired)
From: Bloomington(City)

Basic Details

started - 20 Aug, 2020 (about 3 years ago)

Start Date

20 Aug, 2020 (about 3 years ago)
due - 18 Sep, 2020 (about 3 years ago)

Due Date

18 Sep, 2020 (about 3 years ago)
Bid Notification

Type

Bid Notification

Identifier

N/A
City Of Bloomington

Customer / Agency

City Of Bloomington
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CITY OF BLOOMINGTON, INDIANA REQUEST FOR INFORMATION (RFI) OWNER-OCCUPIED HOUSING DEVELOPMENT PROJECT 1550 ARLINGTON PARK DRIVE BLOOMINGTON, IN 47401 RESPONSES DUE: SEPTEMBER 18, 2020 1 TABLE OF CONTENTS EXECUTIVE SUMMARY 3 INTRODUCTION 4 CITY BACKGROUND 5 GOALS AND OBJECTIVES OF THE DESIRED HOUSING PROJECT 8 SITE INFORMATION 9 SUBMISSION REQUIREMENTS 13 PUBLIC RECORDS 17 SUBMISSION EVALUATION AND SELECTION 18 2 EXECUTIVE SUMMARY The City of Bloomington Indiana (the City) seeks proposals from for- and non-profit organizations to develop a critically important project for our community: owner-occupied housing targeting individuals and families earning 120% area median income and below. Proposals that guarantee that at least 50% of the housing developed will be permanently affordable, and all units will remain owner occupied, will be prioritized. The City of Bloomington holds just over 7.5 acres of land off of Arlington Park Drive that is projected to be build-ready, including all
infrastructure, by the end of August 2022. The City is prepared to contribute this asset to this project, to help accomplish the City’s goals, including increasing owner-occupied housing options at an affordable price point for individuals and families at or under 120% of Area Median Income (AMI). The City envisions a variety of housing types on this site in order to support significant density, which is consistent with the R4 zoning district, with Policy 5.1.3, as stated in the City of ​Bloomington Comprehensive Plan​ and with the City’s ​Affordable Housing Strategy​. This Request for Information (RFI) is the City’s next step in stimulating the development of that site. The pandemic has exposed housing vulnerabilities for residents and increased stress within the area’s housing market and, consequently, has strengthened the City's commitment to increasing affordable housing. This RFI recognizes additional challenges introduced by the pandemic, but the primary overall goal of providing affordable, owner-occupied housing within this housing development project remains unchanged. Bloomington Mayor John Hamilton recently introduced the ​Recover Forward Initiative​, which addresses major challenges facing Bloomington under the banners of economic recovery and job growth; climate justice and sustainability; and racial justice and equity. The Owner-Occupied Housing Development project assists with these recovery efforts. The City welcomes creative partners, offering innovative approaches to provide a variety of housing types and offer permanently affordable owner-occupied housing. 3 https://bloomington.in.gov/planning/comprehensive-plan https://bloomington.in.gov/sites/default/files/2018-10/2018%20Affordable%20Housing%20Strategy%20Update.pdf https://bloomington.in.gov/recoverforward INTRODUCTION At the start of his new administration in 2016, Mayor Hamilton directed City leadership to focus on Bloomington’s significant affordable housing challenges. The administration recognized that the combination of increasing off-campus housing demand driven by enrollment growth at Indiana University and Bloomington’s non-university population growth was outpacing the increase in housing supply citywide. This supply-demand gap has driven owner-occupied housing prices upward over the past several decades. Monroe County’s median sales price remains in the top tier for counties in the state. As a result, lower income and workforce residents have increasingly been priced out of living near the downtown and other city quality of life amenities. Since 2016, Mayor Hamilton’s administration has been focused on increasing the number of affordable housing units in the city’s housing stock. 876 units of affordable rental housing have been approved and/or constructed over the past four years. With the acquisition of the more than seven build-ready acres, the City is investing in the construction of affordable, owner-occupied housing. According to a recently commissioned housing study, the price point for these homes ideally should be less than $250,000. This will allow lower priced units to open for those at lower incomes to enter the homeownership market. In response to the City’s Comprehensive Master Plan, which is available online, Mayor 1 Hamilton’s administration developed a preliminary ​Affordable Housing Strategy​, laying out a number of efforts to address the significant challenges associated with the shortage of affordable housing in Bloomington. In 2019, Regional Opportunity Initiatives (ROI) completed a ​housing study​ for the 11-county Indiana Uplands region, including Monroe County. This study offered a high-level overview of Monroe County and Bloomington and provided general guidance to community leaders on housing issues and strategies. The City of Bloomington hired RDC Planning Design, which conducted the ROI study, to take the analysis and strategies for Monroe County to a Bloomington-specific level. The report with conclusions and recommendations is currently in draft form. When finalized, it will be posted ​here​. Among the report’s recommendations was that the City acquire strategic land parcels to help facilitate affordable and workforce housing development in areas that might otherwise be limited by land costs to exclusively market-rate housing outcomes. The 7.61 acres off Arlington Road offer an opportunity to implement this strategy by providing shovel ready land to reduce development costs and incentivize the construction of permanently affordable owner-occupied housing. 1 https://bloomington.in.gov/planning/comprehensive-plan 4 https://bloomington.in.gov/sites/default/files/2018-10/2018%20Affordable%20Housing%20Strategy%20Update.pdf https://regionalopportunityinc.org/housing/ https://regionalopportunityinc.org/housing/ https://bloomington.in.gov/departments/hand Since the introduction of the Affordable Housing Strategy, the City’s Comprehensive Master Plan has provided additional direction supporting the administration’s priorities. Included are the following goals and policies: Goal 5.1​ Housing Affordability: Improve access to affordable housing for a continuum of needs in Bloomington, including people experiencing homelessness, low-income, and moderate-income households. Strive for permanent affordability in rental and owner-occupied housing options, with policies that recognize differences among the needs of extremely low-income households. Policy 5.1.1​: Expand and sustain housing programs designed to serve the long-term affordability needs of moderate-income, low-income, and extremely low-income households, to achieve an income diverse and inclusive city. Policy 5.1.2​: Establish affordable housing in locations with close proximity to schools, employment centers, transit, recreational opportunities, and other community resources to increase access. Policy 5.1.3​: Encourage a wide range of housing types to provide a more diverse mix of housing opportunities and household income levels, preferably within neighborhoods and multi-family housing developments. The City has recently updated Title 20 of the Bloomington Municipal Code, also known as the Unified Development Ordinance (UDO). The UDO contains additional guidance regarding land use and development in the city. The new UDO and current zoning maps can be found ​here​. As part of another larger development project (details in the Site Information section below), the City has acquired just over 7.5 acres of raw land on the northwest side of the city, near Interstate 69. The developer, Trinitas Ventures, has agreed to build and install all supporting infrastructure including roads, utilities, sidewalks, and street trees prior to acceptance by the city. The site will then be shovel ready for the development of affordable owner-occupied housing. CITY BACKGROUND Nestled in the rolling hills of southern Indiana, Bloomington is a small town with big-city amenities, atmosphere, and culture—home of Indiana University’s flagship Bloomington campus (“IUB”); the Little 500 bicycle race; the Lotus World Music & Arts Festival; the WonderLab 5 https://bloomington.in.gov/planning/udo Museum of Science, Health, and Technology; a thriving food culture; and some of the most sought after craft beers in America. 2 The City’s built environment blends historic districts from the last century and a half with collegiate Gothic architecture on the IUB campus and contemporary and modern structures throughout the City. Bloomington is a community steeped in tradition but with an eye always on progress and sustainability. Bloomington is the sixth most populous city in Indiana, with an estimated population of approximately 85,755. The City is fairly densely populated, with 3,472 people per square mile, 3 compared to only 87.4 people per square mile, on average, nationwide. 4 Bloomington supports a vibrant economy and a thriving business district composed of roughly 6,000 businesses. The City’s business community is noted for excellence in pharmaceuticals, 5 medical devices, technology, healthcare, craft beverages, and the arts. Its concentration of employment in the life sciences is six times greater than the U.S. average and growing. Indiana University, IU Health, and IU Health Bloomington Hospital, with an expected completion date of 2020 for its new regional academic health center, which is expected to employ thousands and expand opportunities for health sciences education and research. In addition to major employers such as IUB (7,701 employees), IU Health Bloomington (over 2,200 employees), the Cook Group (3,330 employees), Baxter Healthcare Pharmaceutical (1,100 employees), and the largest limestone quarry in the United States, Indiana Limestone Company, downtown Bloomington alone boasts more than 140 local and unique restaurants, bars, and coffee shops, seven local breweries, and a distillery. The city of Bloomington is frequently heralded as a desirable place to live and work, and it has been the recipient of a number of awards recognizing its community assets and quality of life. Bloomington has been recognized by Inc. Magazine as one of “America’s Best Cities for Doing Business” and as one of Entrepreneur Magazine's Top 50 “Hottest Small Cities for Entrepreneurs.” Forbes Magazine ranked Bloomington No. 3 in its “Best Places for Business Careers” feature and as a top city for work-life balance. The City has also been named one of 6 the “Top 5 Food Towns in the Midwest” by Midwest Living Magazine and the “7th fastest growing destination for wine and culinary enthusiasts in the nation” by Orbitz Research Travel. 7 2 ​http://www.huffingtonpost.com/2015/02/18/most-sought-after-beers_n_6702260.html​, accessed February 26, 2017. 3 ​United States Census Bureau, “QuickFacts Beta: United States: Bloomington City, Indiana,” http://www.census.gov/quickfacts/table/PST045214/00,1805860​, accessed February 26, 2017. 4 Sperling’s Best Places, Bloomington, Indiana, ​http://www.bestplaces.net/people/city/indiana/bloomington​, accessed February 26, 2017. 5 ​United States Census Bureau, “QuickFacts Beta: United States: Bloomington City, Indiana,” http://www.census.gov/quickfacts/table/PST045214/00,1805860​, accessed February 26, 2017. 6 ​https://www.forbes.com/lists/2009/5/bizplaces09_Bloomington-IN_2747.html ​accessed June 19, 2018. 7 ​http://comparebloomington.us/quality-of-life/​. 6 http://www.huffingtonpost.com/2015/02/18/most-sought-after-beers_n_6702260.html http://www.census.gov/quickfacts/table/PST045214/00,1805860 http://www.bestplaces.net/people/city/indiana/bloomington http://www.census.gov/quickfacts/table/PST045214/00,1805860 http://comparebloomington.us/quality-of-life/ Potential residents and business owners recognize Bloomington’s attributes—and the City’s population is steadily increasing, with the City’s growth (3.8 %) higher than that of the United States as a whole (3.3 %) from April 1, 2010 to July 1, 2014. Moreover, Bloomington’s 8 population is younger than the national average, owing in part to the City’s large number of university students. The median age of Bloomington residents is 23.4 years, compared to 37.2 years nationwide. 9 Finally, Bloomington is home to two higher education institutions, including IUB, the flagship campus of Indiana’s eight-campus university system, with a total 2020 enrollment of 43,503. IU is renowned for teaching and research in fields ranging from informatics and chemistry to African studies and music, and receives top rankings for the O’Neill School of Public and Environmental Affairs and the Kelley School of Business, to name just a few. The vibrant surrounding community has earned its recognition as one of the “best college towns to live in forever.” 10 8 United States Census Bureau, “QuickFacts Beta: United States: Bloomington City, Indiana,” http://www.census.gov/quickfacts/table/PST045214/00,1805860​. 9 Sperling’s Best Places, Bloomington, Indiana, ​http://www.bestplaces.net/people/city/indiana/bloomington 10 Livability, City of Bloomington, Indiana, ​http://www.livability.com/in/bloomington​. 7 http://www.census.gov/quickfacts/table/PST045214/00,1805860 http://www.bestplaces.net/people/city/indiana/bloomington http://www.livability.com/in/bloomington Map of Bloomington and Surrounding Area GOALS AND OBJECTIVES OF THE DESIRED HOUSING PROJECT The City seeks knowledgeable, financially sound, and experienced housing developers that will apply creativity to meet Bloomington’s current and future housing needs. The City requests development concepts that will create an enduring asset for the Bloomington community. 8 The City is seeking proposals for a ready-to-build, 7.61-acre site that will incorporate a variety of housing types at price points available to individuals and families earning 120% AMI and below. Projects providing a minimum of 50% of the homes constructed as permanently affordable will be prioritized. The City’s new Shared Equity Program can be used to help lower income individuals and families purchase a home in the development. The City welcomes ideas that propose to develop individual lots, a subset of the total acreage, or the total acreage combined. Development of the Project Site must include high quality design, materials, and construction. The architecture must be compatible with the character of the larger community with an eye toward aesthetics. The project should use environmentally friendly and sustainable principles in design and construction. The development must comply with the standards for architecture, materials, and construction defined in the UDO and the R4 zoning district standards. Submitters are encouraged to contact the City of Bloomington Department of Planning & Transportation with questions relating to the development standards. Bloomington: A CDFI-Friendly Community CDFI Friendly Bloomington (CFB), a 501(c)3 nonprofit, was formed in 2018 to attract CDFI investments to Bloomington and has assembled $2.0 million in municipal financing to supplement outside CDFI investment. The City encourages developers to consider leveraging CDFI investments, and CFB may participate as a co-investor in these. SITE INFORMATION The site is located at 1550 N Arlington Park Drive, which is northwest of West 17th Street and Arlington Road, Bloomington, IN 47401. The specifics for the entire approved project can be found ​here​. The Comprehensive Plan designates this area as Neighborhood Residential, and relevant criteria from the Plan should be applied throughout the development. This RFI is focused on Area A on the map below. Access to the site will be at the two approved connections, to 17th Street at the south and to Arlington Road at the east. Please see the details below. 9 https://bloomington.in.gov/onboard/meetingFiles/download?meetingFile_id=5892 Area A,​ as shown above, is the 7.61-acre area that will be developed consistent with the R4 zoning district standards. There are 45 planned lots that are each approximately 40 x 120 feet. The lots have been designed in a grid-like pattern and will utilize alley access along the rear of the lots. A 50-foot-wide buffer and conservation area is shown along the east side of Area A between this PUD and the adjacent residential houses. All lots will front on a public street. 10 This area will be governed by the standards of the R4 district and will allow for R4 uses, which include attached single family as well as duplexes, triplexes, and fourplexes, in order to provide the most flexibility. The City is seeking creative options for development of this parcel for homeownership, including various housing types that will increase density. 17th Street, to the west of the development, is being reconstructed to include multi-use paths. There will also be increased Bloomington Transit service to residents of the development. Because alternative transportation options will be readily available, submissions incorporating Smart Growth Principles will be prioritized. These principles focus on the development of livable spaces where people can work, play, and shop without depending on automobiles. Smart Growth Principles include conservation of open and green space, mixed land use, diversity in housing options, denser development, and the construction of compact neighborhoods that are walkable, livable, and sustainable. While this RFI seeks proposals specifically for Area A, respondents may appreciate descriptions of the plans for the other adjacent areas so they are included below: Area B​ will be developed with 114 units and 255 bedrooms in a mix of duplexes and townhomes on 7.11 acres. There will be 76 private parking spaces for the 255 bedrooms in this area, which equals 0.3 parking spaces per bedroom. The interior roads in this area will be private, but have been designed with parallel, on-street spaces rather than perpendicular parking that was shown with the preliminary plan. This is a design improvement that was encouraged by the Common Council. There are sidewalks shown along both sides of the street, however the tree plot is proposed to be located behind the sidewalk in order to minimize impacts to the adjacent riparian buffers and wetlands. Since these are private drives, the Department finds this to be an appropriate design in this area only to minimize environmental impacts.There will not be any disturbance in the required wetland conservation areas. These buildings will be two to three stories in height. Area C​ will be developed with 95 units and 240 bedrooms on 13.54 acres. This area will be developed with one building, approximately 65 feet tall, which is consistent with what was approved with the preliminary plan. This area is immediately adjacent to the State Road 37/Interstate 69 highway. There are proposed to be 12 1-bedroom units, 57 2-bedroom units, 41 3-bedroom units, and 3 4-bedroom units. There will be 50 parking spaces within the building for the 240 bedrooms, which equals 0.15 parking spaces per bedroom. Area D​ will be developed with 128 duplex units incorporating 330 bedrooms on 11.13 acres. Units proposed include 26 1-bedroom units, 38 2-bedroom units, 12 3-bedroom units, and 36 4-bedroom units. These units will all front on a public street with on-street parking spaces. The main parking areas have been designed for the rear of the structures. There will be a total of 161 on-site parking spaces for the 330 bedrooms which equals 0.48 parking spaces per bedroom, and 137 on-street parking spaces. These buildings will be one and two-stories in height. 11 12 SUBMISSION REQUIREMENTS Submittal Deadline In order to be considered, responses must be received by the City ​no later than 4:00 p.m​., Eastern Daylight Time on Friday, September 18, 2020. Submittal Requirements All responses, including any supporting documents, shall be submitted electronically to Scott Robinson at ​robinsos@bloomington.in.gov​ by the specified deadline. If the proposer consists of a team of several entities, an authorized representative of each entity shall be identified in the application materials. Proposals that are not received by the specified deadline will not be accepted. Proposals shall reference "1550 Arlington Park Drive" in the subject line, and the name and address of the submitting organization(s) must be included in the body of the email. The City will not provide any pre-selection information concerning the status of proposals other than the acknowledgment that they were received. All submissions must include the following: 1. Statement of Interest​: Provide a statement of the proposer’s interest in the development of the project, highlights of the proposer’s qualifications, and a summary of the proposer’s understanding of the objectives of the RFI. 2. Developer Qualifications​: Provide a written narrative (2 pages max.) describing your company, its history and ownership. Include a description of the project team, an organizational chart describing the entities and key personnel on the proposer’s team, and CVs for lead personnel. 3. Development Project Experience​: Describe whether the development team has successfully completed and/or operated a similar type of project or a project of similar scope and size, particularly highlighting any experience with constructing affordable housing, partnership with community nonprofits, and urban infill development. Provide up to five (5) examples that demonstrate successful affordable housing projects in urban environments. Provide at least two (2) examples of mixed single and multi-family development projects, as available. Please include the following information for each past project example: a. Location, photographs and/or renderings; 13 mailto:robinsos@bloomington.in.gov b. Identify the number of units, the mix of units, the unit sizes, and number of square feet; c. Identify building materials used, and price points of individual homes; d. Present the total development cost; identify the amount of debt and the amount of equity used to finance project; e. Identify the key development team members. If any team members are different from the team being proposed for this project, provide an explanation of why the new team member(s) were selected; f. Identify any community uses incorporated into the project, or other benefits to the community at large or the specific neighborhood, which were part of or resulted from the project; and g. Identify any public subsidy received in the development of the project. 4. Project Description:​ Provide a narrative description of the general development concept proposed for the selected Project Site, addressing the details noted in the Project Objective and Site Description Sections of this RFI, such as target clientele, financing plan, etc. Describe how the proposed concept addresses the objectives listed in this RFI. Renderings or graphic portrayals of the proposed project and/or preliminary site plans may be submitted but are not required. 5. Development Parameters​: a. Affordability Requirements​:​ ​Although some market rate housing may be included in the proposal, submittals that provide a majority of homes built targeting homebuyers with incomes below 120% of the AMI are preferred. Income levels are defined using the income limits provided by the City of Bloomington Department of Housing and Neighborhood Development (HAND) for as published annually by the US Department of Housing and Urban Development found ​here​. b. Length of Affordability Term​: The City of Bloomington’s preference is that any homes affordable to individuals and/or families earning 120% AMI or less remain affordable for a term of at least 99 years. Please specify in your proposal a length of affordability if it would be less than 99 years. c. Targeted Homeowner Population​: Proposals shall describe the target homeowner population for the project, which may include any of the following: general households/families (i.e., units not subject to age restrictions), seniors, disabled people, homeless people, and/or any other special-needs groups. Proposals shall 14 https://files.hudexchange.info/reports/published/HOME_IncomeLmts_State_IN_2019.pdf note if any number of the units will be specifically designed and/or reserved for any type of special-needs tenants. 6. Capacity:​ Indicate your normal construction time for a single home, from permitting to Certificate of Occupancy, what your production capacity is (i.e., how many homes can you have under construction at one time), and how your normal build time would be impacted if you had multiple homes underway simultaneously. Provide corporate financial statements, letters of credit and/or other evidence that demonstrates your company’s financial strength and capacity to participate in this initiative. 7. Home Plans:​ Proposing builders must submit between two (2) and four (4) sets of home plans and specifications (“Plans”) from which the City of Bloomington may choose, on a lot-by-lot basis, for construction of planned new homes. All homes must be/have: ● 3 stories or less ● a minimum of 1200 square feet ● a minimum of 2 bedrooms ● a minimum of 2 bathrooms ● Raised foundation and crawl space (if slab on grade, explain why) ● Covered front porch The following are desirable features that might be included as standard or as options in the Plans submitted: ● High-efficiency furnaces and water heaters ● Fixture, lighting, door, cabinetry and flooring upgrade(s) ● Alternative roof line/orientation ● Contemporary exterior design alternative ● “Green” or sustainable package that exceeds standard Building Code The Home Plans submitted must be distinctly different. Plans differentiated only by a varied roofline, porch size, window style, or interior finish levels, for instance, will not be considered to have met this requirement. (Offering these and other things as options or alternatives to the various standard Plans is encouraged, however.) The Home Plans submitted should take into account, and be compatible with, the physical and design context of the existing neighborhood housing stock. Included for each Plan submitted must be a floor plan, with dimensions, elevation drawings of all four sides, a list of standard features, and construction specifications. 8. ​Pricing and Payment:​ Provide a separate proposed pricing sheet for each of the home plans submitted. 15 9. Financial Terms and Assumptions Terms​: Submittals shall specify a proposed purchase price for the land or propose some other possessory interest. Submittals will be evaluated on price, the quality of the submittal, and the desirability of the public benefits of the proposed development. If any City funds or incentives are contemplated in the proposal’s financing plan, the applicant must indicate what type of funding is proposed, the amount requested, and proposed use(s) of such funds (i.e., pre-development, soft costs, and/or construction). Submitters must also include a timeline indicating when such funds would be required. Financial Capacity (Pro Forma)​: Describe the general terms applicant proposes for the land transfer and the approximate amount and form of any City assistance applicant deems necessary to finance the project. Under separate cover, submitters shall submit a pro forma analysis, identifying anticipated construction costs, operating income, operating expenditures, capitalization rates, and other relevant information. The pro forma will be treated and reviewed confidentially and will not become a part of the public record. However, the pro forma must be received at the same time as the RFI submittal. Assumptions​: The following assumptions should be used when preparing the financial pro forma, unless alternative funding sources are subject to different and more restrictive terms. ● Construction estimates: Use state prevailing wage requirements and local wage and/or hiring requirements. ● Contingencies: Use at least 15% for hard construction costs and 5% for soft costs. ● Leverage: it is anticipated that the selected developer will obtain the majority of financing for development of the project from non-City sources (leverage). Submittals with higher leverage ratios than other submittals will be evaluated favorably. ● Federal requirements: if the proposed financing plan includes federal funding sources such as HOME, CDBG, or Section 8, include costs and time for compliance with all applicable federal requirements (Section 3, Davis Bacon, URA, NEPA, etc.) in project pro forma and timeline. 10. ​Estimated Project Schedule (Milestones):​ Submitters shall provide a detailed project development schedule through completion that contains time and performance benchmarks. Include all phases of the project, including acquisition, design, construction, marketing, and tenant selection. 16 11. ​References:​ ​Provide three (3) client references with contact information. All questions regarding the RFI must be addressed in writing and submitted by email with the wording, “City of Bloomington Owner-Occupied Housing Development RFI” in the subject line to: Scott Robinson, Interim Director of Planning and Transportation at: robinsos@bloomington.in.gov​. All questions are due by September 7, 2020 and all answers/responses will be posted no later than 3 business days prior to the deadline of this request. PUBLIC RECORDS Pursuant to the Indiana Public Records Act, unless otherwise noted, all documents submitted in response to this RFI will be considered public records and will be made available to the public upon request. Submissions received may be posted on the City’s website as part of the review process. Please do not submit any information to the City that you wish to keep confidential. PROPOSAL EVALUATION AND SELECTION PROCESS The City has the ultimate responsibility for determining the responsiveness of the submissions and selecting the preferred submission(s), with the assistance of consultants, as needed. There is no guarantee that the City will select any of the respondents to develop the Project, and any submission shall be submitted at the submitter’s sole risk and cost. A staff evaluation committee established by the Mayor will review submissions for completeness and to verify that both the applicant(s) and the proposed project(s) respond to the requirements of this RFI. Submissions determined to be non-responsive will not be considered or evaluated. Any submissions deemed ineligible or non-responsive may appeal to the Mayor for reconsideration at the Mayor’s sole discretion. The City is the sole and final decision-maker regarding this selection, and it reserves the right to reject any or all submittals. The staff evaluation committee will evaluate submissions that are complete and received by the deadline based on the following criteria: ● Developer qualifications, experience, capacity, track record and references ● Proposed financing ● How well the proposed project concept(s) addresses the goals and objectives of this RFI and the City’s Comprehensive Plan, the zoning ordinance, and other land use and/or policy documents Overall positive attributes and expected public benefits of the proposal. 17 mailto:robinsos@bloomington.in.gov The committee’s ultimate recommendation shall be advisory to the Mayor, but shall not limit the City’s discretion in final selection of a developer(s), and may not be appealed by the submitters or any other party for any reason. Following approval, the selected developer(s) will be authorized to work with City staff to further develop a project proposal, begin the land use entitlement process, conduct community outreach, and negotiate an Exclusive Negotiating Agreement (ENA). The ENA would establish the preliminary terms for the sale/other possessory interest (as proposed); loan and regulatory agreements; and other project prerequisites. The preferred developer(s) would complete the land use plan, finalize its financing of the project, and obtain the required building permits and other approvals. This step is subject to further refinement upon discussion with the preferred developer. If negotiations with the preferred developer do not proceed in a timely or satisfactory manner, an alternative developer may be selected, or the City may reissue the RFI. The final selection will be made solely by the City of Bloomington, which reserves the right to request additional information from submitters, reject any and all submittals, waive any irregularities in the submittal requirements or cancel, suspend, or amend the provisions of this RFI at any time. 18

401 N Morton St Bloomington IndianaLocation

Address: 401 N Morton St Bloomington Indiana

Country : United StatesState : Indiana

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