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➢ Community Benefit <br />5. Describe how the proposed development will serve the local community. <br />Community benefits may be achieved through developing or increasing access to <br />the following: <br />• Affordable housing, with a focus on community -controlled, <br />permanently affordable housing, for example a community land <br />trust; <br />• Affordable, healthy food retail; <br />• Community gardens / pocket parks, children's playground, etc; <br />• Community health clinics; <br />• School facilities; <br />• Renewable energy infrastructure; <br />• Public transportation; <br />• Green space, parks and recreation centers; <br />• Affordable childcare; <br />• Youth and senior facilities and services; <br />• Community agriculture; <br />• Development of land by a community land trust; <br />• Hiring Local workforce for construction and ongoing operations; <br />6. Identify any other business or property holdings in the greater Santa Ana Region <br />and participation in any local business, business partnerships, or community based <br />partnerships in this area <br />C. CONDITIONS <br />All information contained in this RFP are believed to be accurate; however, no <br />representation or warranty is made with respect thereto. <br />1. Additional Deposit: <br />The development team whose Proposal is ultimately selected by the City <br />Council must make the required down payment of Ten Percent (10%)to the <br />selected escrow company within Ten (10) days of City Council Approval. <br />After the deposit of Ten Percent (10%) is made, the initial One Percent (1%) <br />deposit will be returned. Additionally, the City will return the One Percent <br />(1%) deposit submitted from all Proposers who are not selected by City <br />Council for award. <br />2. Escrow: <br />Following City Council approval of the sale of the property, escrow shall <br />commence. The remainder of the bid amount shall be due prior to close of <br />escrow. Closing on the property sale must be completed within thirty to forty- <br />five (30 - 45) days of escrow opening or the Ten Percent deposit (10%) may be <br />forfeited. Upon opening of escrow, the buyer will agree in writing to forfeit and <br />release the deposit money to the City in the event of buyer default. The <br />purchaser shall pay all escrow related fees, including the seller's portion as <br />well as documentary fees, surtaxes, and all recording fees, etc. <br />City of Santa Ana RFP 19-026 <br />Page 7 <br />