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Attachment B e) The developer must provide adequate financial guarantees to ensure the repayment of any public financing and completion of the project. These may include, but are not limited to: assessment agreements, letters of credit, personal deficiency guarantees, guaranteed maximum cost contract. f) Any developer requesting assistance must be able to demonstrate past successful general development capability as well as specific capability in the type and size of development proposed. Public financing will not be used when the developerÔs credentials, in the sole judgment of the City, are inadequate due to past history relating to completion of projects, general reputation, and/or bankruptcy, or other problems or issues considered relevant to the City. g) The developer, or its contractual assigns, shall retain ownership of any portion of the project long enough to complete it, to stabilize its occupancy, to establish project management and/or needed mechanisms to ensure successful operation. 3.Desired Qualifications (#4.2 of Policy) Projects with these qualifications will receive priority consideration. Please check all that apply and explain in your written narrative how your proposal will meet the qualifications. a. Projects providing a high ratio of private investment to City public investment will receive priority consideration. Private investment includes developer cash, government and bank loans, conduit bonds, tax credit equity, and land if already owned by the developer b. Proposals that significantly increase the amount of property taxes paid after redevelopment will receive priority consideration Proposals that encourage the following will receive priority consideration: a) Proposals that implement the CityÔs vision and values for a City-identified redevelopment area b) Proposals that provide significant improvement to surrounding land uses, the neighborhood, and/or the City c) Proposals that attract or retain a significant employer within the City. romote multi-family housing investment and meet the following City goals: d) Proposals that p i. Extensive rehabilitation of existing multi-family housing stock. ii. Demonstration of need for the type of multi-family housing proposed through a market study or other reliable market data. Note: If you check this, please provide the Name of the Document in your written narrative. iii. Multi-family workforce housing proposals that include amenities similar to those found in market rate housing. Note: If you check this, please describe the Type of Amenities in your written narrative. iv. Workforce housing proposals that consider innovative and alternative forms of development and do not include high-rise buildings. Note: If you check this, please provide the Type of Innovations in your written narrative. c. Provides significant rehabilitation or expansion and/or replacement of existing office or commercial facility d. Provides opportunities for corporate campus or medical office development e. Provides opportunity for hi-tech, med-tech, R&D facilities/office, or major manufacturer f. Provides opportunities for small businesses (under 50 employees) that are non-startup companies g. Provides opportunities for small businesses that may enhance the quality of life within neighborhoods h. Redevelops a blighted, contaminated, and/or challenged site i. Adds needed road, access, and multi-modal improvements j. Addition of specific project enhancements including, but not limited to: architectural upgrades, pedestrian and transit connections, green building practices and enhanced site planning features. Note: If you check this, please provide a List of the Features in your written narrative.