REQUEST FOR PROPOSALS New Albany Redevelopment Commission 624 Vincennes Revitalization In accordance with IC 5-23-5, the New Albany Redevelopment Commission (Commission), on behalf of the City of New Albany, Indiana (City), is seeking proposals from qualified developers for the development of 624 Vincennes St. (Project) on property located within the City. The Commission anticipates entering into a public-private agreement with the Developer to provide some assistance at the site, to construct the Project with the general characteristics described below: The structure and remodeling shall preserve the historical significance and aesthetics of the property. Other characteristics and specifications as may be identified and included in future design documents and agreements The Developer would assume ownership of the site and improvements after agreement is finalized or as outlined by in the Purchase Agreement. Respondent should be willing and prepared to engage in a review period with the Commission without any contractual obligation. During this period, the Commission will require information from the selected developer sufficient to finalize the financing terms, design, scope, and costs of the proposed improvements once determined. Information to be Included in Proposals Proposals should include a written description of the Developer's experience designing, financing, constructing, operating, transferring, and developing projects, as follows: General Information o Developer's general information including company name, principal office location, point of contact, and contact information o Company overview, organization information, and organizational chart Development Experience o Experience working with local economic development organizations or local government units in Indiana o Demonstrated experience developing projects or similar scope and scale Financial Capacity o General financial and credit information o Information indicating financial ability of the developer to complete the project o Credit reference Project Approach o Outline of duties and responsibilities of all parties related to the development project from the scoping period until project completion (including the operating period and transfer of property to the City). This should include a project timeline. The Commission does not require you to submit a certified check or other evidence of financial responsibility with your proposal other than requested above. Anticipated Selection Process The Commission will review all proposals and may enter into discussions with offerors to clarify and assure full understanding of proposals. All offerors will be accorded fair and equal treatment with respect to any opportunity for discussion and revision of proposals. The Commission or its agent will make a recommendation for award of an agreement based upon compliance with the above-requested information, or shall terminate the request for proposal process. Of all evaluation criteria listed in this Request for Proposals, the offeror's focus on revitalization, general project approach and financial capacity will be given the most weight by the Commission. The price offered in a proposal will be considered, but is not the primary determining factor. The Commission reserves the right to modify or cancel this project at any time before a developer enters into formal agreement with the Commission, including at any point during the scoping period. Deadline Due to the scope of the site, the size of the building, and the considerable restoration work to be done on the building. Proposals are due by 2:30 p.m. on September 24, 2019, and six (6) copies of such proposals (plus one [1] unbound copy) should be hand delivered to (and questions should be directed to): Josh Staten, Redevelopment Director 311 Hauss Square, Room 325 New Albany, Indiana 47150 Phone: 812-948-5333 E-mail: jstaten@cityofnewalbany.com
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