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REPORT - CITY GOVERNMENT COMPLEX PUBLIC- PRIVATE PARTNERSHIP FEASIBILITY ANALYSIS
BACKGROUND: Staff is evaluating the viability of a Public-Private Partnership (P3) that would leverage government owned real estate to provide for downtown housing, commercial development and a consolidated government civic complex. Staff is now requesting that the City Council authorize staff to move forward with phase one of the procurement process. This phase would include hiring a professional consultant to assist the City in a feasibility analysis to evaluate location, financing and RFQ/RFP.
RECOMMENDATION: It is recommended by the Planning and Economic Development Department and Transportation and Public Works Department that Council, by motion, authorize Staff to initiate phase one of the Public-Private partnership (P3) procurement process, which includes engaging a professional consultant through a competitive solicitation process to assist in analysis of location, financial and Request for Qual...
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