Specifications include, but are not limited to: Following Developer selection and execution of a Memorandum of Understanding, Developer shall proceed with detailed due diligence, pre‐development, and entitlement activities while working with City to negotiate an Economic Development Agreement that will include a Purchase and Sale Agreement for the property. The City anticipates that the general scope of the successful Developer team’s responsibilities would include, but not be limited to: ENTITLEMENTS - The Developer shall be responsible for all aspects of the Project including pre‐ development planning, environmental review and design. The selected Developer shall be responsible, at its sole expense, for obtaining all land use entitlements and other government approvals required for its proposed Project. PREDEVELPOMENT COSTS - The selected Developer shall bear all predevelopment costs relating to this project. All fees or expenses of engineers, architects, financial consultants, attorneys, planning or other consultants or contractors retained by Developer for any study, analysis, evaluation, report, schedule, estimate, environmental review, surveys, planning and/or design activities, drawings, specifications or other activity or matter relating to the Project shall be the sole responsibility of and undertaken at the sole cost and expense of Developer and no such activity or matter shall be deemed to be undertaken for the benefit of, at the expense of, or in reliance upon the City. LEGISLATIVE ACTION - City and Developer acknowledge that the City must exercise its independent legislative authority in making any and all findings and determinations required of it by law concerning the property. Developer selection does not restrict the legislative authority of the City in any manner whatsoever and does not obligate the City to enter into the Economic Development Agreement or to take any course of action with respect to the Project.
