Factors to be considered in the selection process include:

• The completeness of the submittal.
• Relevant experience of the development entity in producing similar, high-quality developments.
• Demonstrated success with public/private partnerships and community participation.
• The degree to which the development entity appears willing to negotiate thefinancial level or structure of City/Agency participation.
• The degree to which the development entity demonstrates its access to equity and financing to underwrite construction.
• The degree to which the development entity illustrates its understanding of San Carlos, the downtown, and the importance of a high quality project at the Site.
• The degree to which the development entity demonstrates that it is willing and able to initiate site and development programming activities upon signing an exclusive negotiation agreement, and that it can commit to initiating construction within 12 months after executing a development and disposition agreement.