9.10 River Glen RFP - Laserfiche WebLink

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DEVELOPER REQUIREMENTS Applicants must be legally incorporated and in good standing or a validly formed not-for profit organization capable of demonstrating proof of tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. Preference given to applicants with prior experience managing and completing all phases of construction for a project of this size and scope. Applicants must comply with City of South Bend ordinances and all other federal, state, and local laws and regulations. Applicants must agree to hold the South Bend Redevelopment Commission harmless and to indemnify it and the City of South Bend for any damages or costs related to any claim, suit, or demand related to any action occurring as a result of the Applicant’s proposal. The Commission reserves the right to reject proposals submitted by Applicants who are not current on property taxes or utility payments for any properties currently owned, or for any other reason deemed to be in the best interest of City. SUBMISSION REQUIREMENTS All proposals must be submitted using the legal name of the organization with whom a contract would be executed and must be signed by an authorized representative. An electronic copy of the submittal, in a single PDF document, shall be submitted to jrmolnar@ southbendin.gov with subject line of “Bid: Former River Glen Redevelopment” and include each of the following: COVER LETTER Provide a brief cover letter including an overview of the Applicant’s organization, the proposed development, and proposed purchase price. ORGANIZATIONAL INFORMATION Detail the qualifications, skills, background, and relevant experience of the organization. Nonprofit applicants must provide a copy of its tax-exempt nonprofit status under Section 501(c)(3) of the Internal Revenue Code. BUDGET Provide a clear understanding of the overall project budget and funding source(s) and basic project proforma, including the developer fee. NARRATIVE DESCRIPTION • A description of how the proposed project meets the evaluation criteria and guiding principles associated with each individual project site. • The purchase price for project site. • A description of proposed building type(s). This must include the number of units, approximate unit size and number of bedrooms / baths per unit, and planned price point (market rate vs. subsidized). • Details about the project post-construction, such as proposed occupancy (i.e., rental, for-sale), overview of marketing plan for selling or renting unit(s), and overview of property maintenance and management plan (if maintaining ownership). TIMELINE Provide a start-to-finish timeline for the implementation of the project, including timeframes for completion of major milestones. EVIDENCE OF FINANCIAL RESPONSIBILITY Must demonstrate ability to execute proposed project (see form: Statement of Qualification and Financial Responsibility included in this document). AFFIDAVIT OF NON-COLLUSION Applicant shall complete the Affidavit of Non-Collusion on the form provided. The Affidavit is affirmation that the Applicant has not colluded, conspired, connived, or agreed with any other Applicant or person, firm, or corporation regarding any submittal to the Commission. The Commission shall not be responsible for errors and/or omissions on the part of the Applicant, and the Commission will not be responsible for making interpretations or deleting or correcting errors in calculations. The Commission expressly reserves the right to accept or reject any or all proposals, and to waive any informalities, irregularities, or technical defects if such are deemed, in the Commission’s sole opinion, to be immaterial.