Applicant will prepare such initial studies, reports, and analysis as shall be necessary to permit the city to determine the feasibility of the development. During the application period, the applicant shall submit to the city the following:
(A) Principals. Full disclosure of the applicant's principals, partners, joint venturers, negotiators, consultants, professional employees, or other associates of the applicant who are participants or principals of the development, and all other relevant information concerning the above;
(B) Financial capability. Statement of financial condition in sufficient detail to demonstrate the applicant's financial capabilities, those of its principals, partners, joint ventures, and those of its prospective developers to satisfy the commitments necessitated by the development, including all information necessary to demonstrate the availability of construction and permanent financing. To the extent the applicant wants such financial statements to remain confidential, they shall be supplied to and maintained by the city in confidence to the extent permitted by law;
(C) Title and property information. All title information concerning the property, all environmental information, including Phase I investigations, a description of existing structures and site conditions, anticipated demolition, grading and remediation costs;
(D) Project design and costs. All preliminary information related to the design of the development to meet the city's reasonable requirements. This information shall be sufficient to allow the city to evaluate grading, site configuration, development constraints, traffic patterns, site circulation and parking, landscaping, architectural design and similar issues. All projected costs for design and construction of the project shall be included;
(E) Proforma. The project proforma shall be included identifying the estimated amount of public money to fund the development and how it will be used and the anticipated economic return of development. The applicant/developer shall provide a analysis acceptable to the city of how the development of the project shall satisfy the requirements of this chapter and why any public subsidy to the project provided hereunder is warranted and provides a public benefit. Any potential alternative methods of financing will be identified with the reasons why the city's assistance necessary;
(F) Tenants. All information necessary to show tenant availability and interest, the nature of the proposed tenants, and the financial strength and resources of the tenants. To the extent the tenant wants such information to remain confidential, they shall be supplied to the city only if it is reasonably likely that confidentiality can be maintained under the Public Records Act.
(Ord. 2013-130, passed 8-21-2013)