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5 <br /> necessary, including the use of development finance tools (tax credits, district designations, <br /> etc.); <br /> 8. Propose at least two feasible private development program scenarios for the Project, <br /> including estimated public investment, if necessary, to be considered by the Client and <br /> community-at-large through resident engagement efforts; <br /> 9. Support the Client in resident engagement efforts to solicit community input to reflect on <br /> Client-approved feasible private development program option(s), which may include in- <br /> person community meeting(s), virtual community meeting(s), an online survey, and/or other <br /> resident engagement efforts as appropriate and recommended by the Client; <br /> 10. Based on community and Client input, propose a final feasible private development program <br /> for the Project and request the Client's approval; <br /> 11. Prepare a solicitation for development partners and assist the Client with developing criteria <br /> to inform the Client's selection of eventual partner(s); <br /> 12. Actively market and discuss the solicitation with qualified development partners (for-profit or <br /> non-profit) with the goal of receiving competitive proposals from qualified developers who <br /> are capable of accomplishing the Client's approved development program; <br /> 13. Support the Client in development partner selection process by carrying out due diligence of <br /> potential partners, preparing investment summaries, and evaluating solicitation responses <br /> using the Client's criteria; <br /> 14. Support the Client in negotiating deal points with the development partner selected to <br /> execute the approved development program pursuant to the solicitation. Deal points include <br /> development parameters for public-private partnerships and milestones, which are typically <br /> memorialized first in a non-binding memorandum before being finalized in a development <br /> agreement; and <br /> 15. Support the Client through the point that the above-referenced development partner closes <br /> on financing for the project, by regularly evaluating changes proposed by the development <br /> partner to pro forma financials and public participation options, in order to verify developer <br /> assumptions about revenues, development costs, operating expenses, and debt and equity <br /> structuring as market conditions evolve. <br /> This Scope of Services does not include services that require a licensed broker or licensed <br /> attorney to perform. In addition, the scope does not include tasks associated with site planning <br /> expertise from architects or engineers, nor does it include site preparation expenses such as <br /> land survey, soil samples, and environmental testing (if such services are required, DFI will <br /> advise the Client to obtain such services from third parties). <br /> 3 <br />