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10. Identification of any projects/financings upon which the respondent team or its <br />members has collectivity or individually defaulted. <br />For any Proposal that is selected for recommendation to City Council, additional <br />information including complete financial statements for the last three years for <br />all team members who will retain an ownership interest in the project may be <br />required. <br />11. Any other information that would help City staff understand and evaluate the <br />concepts proposed. <br />➢ Bid Amount and Deposit Verification <br />A completed Property Bid Form (Attachment 2). Proposals that do not include <br />an executed Property Bid Form, including initials acknowledging each page, <br />shall be considered incomplete which will be grounds for rejection of the entire <br />Proposal. <br />It is not required that the bid amount match or exceed the "Appraised Amount" <br />listed on the Property Bid Form. <br />2. Each bid must be accompanied by a deposit in the form of a cashier's check, <br />treasurer's check or bank draft of any state or national bank, payable to the City of <br />Santa Ana, in the amount of One Percent (1%) of the total bid amount for each <br />parcel. If bidding on multiple properties, multiple deposit checks will be required. <br />These deposits shall be submitted at the same time as the hard copy Proposals. <br />➢ Fiscal and Economic Benefit Analysis (Commercial and Professional Office <br />Proposals Only) <br />3. A development budget showing the detailed sources and uses of all funds <br />(including debt, equity and other funding sources) to acquire and develop the site. <br />Ensure that the capital pro forma breaks out project costs to indicate all developer <br />and professional fees. Information as to the status of securing those funds should <br />be included, and inclusion of a conditional financing commitment is strongly <br />encouraged. If the project includes multiple uses, the development budget should <br />be broken down by the component uses (commercial, office, etc.). An electronic <br />and editable copy of the development budget and pro forma including all <br />underlying assumptions and equations in .xls format shall be provided if requested <br />by the City. <br />4. An estimate of the taxable value upon completion and annual real estate taxes. Also <br />include a description of the additional benefits that will result from the <br />development, such as the jobs created or retained (including the estimated number, <br />type and wage levels of both full time and part time positions within the first five <br />years of development). <br />City of Santa Ana RFP 19-026 <br />Page 6 <br />