Infrastructure Assessment and Financing Plan Sample Clauses

Infrastructure Assessment and Financing Plan. The Consultants will prepare an Infrastructure Assessment and Financing Strategy for shovel-ready opportunity areas and infill sites. The approach will involve the following steps: The Consultants will first review completed infrastructure studies and transportation improvement plans. The City will provide to the Consultants all financing strategies and infrastructure studies for shovel- ready opportunity area, including, but not be limited to: previous infrastructure studies prepared for Focus Areas (Appendix H of the MEIR), the City-approved 2012-2017 Capital Improvement Plans (CIPS), and others (e.g., River District Specific Plan, Delta Shores, the Railyards, Downtown, R Street Corridor, Sacramento Center for Innovation, Florin Road Corridor Plan). Based on the inventory of existing studies, the Consultants will prepare a consolidated comprehensive list of the anticipated infrastructure improvements and associated estimated construction costs. Next, the Consultants will coordinate with City staff to develop a matrix of key investment criteria that will be applied to each area. Example criteria could include the amount of development opened up by a project, ability to leverage private or other funds, market demand for the project land uses, ability to recapture costs, and overall cost. The Consultants will then work with City staff to prioritize key infrastructure improvements that will be necessary to serve as catalysts for development in the Shovel- Ready program. Based on the rankings, the Consultants will prepare a Financing Plan that describes the infrastructure improvements for the areas based on their investment criteria ranking. This approach will allow the City to prioritize investments and implement funding mechanisms as needed over time. The outcome will be a comprehensive list of the key infrastructure improvement investments that could be made by the City in order to xxxxxx private sector development. New or additional infrastructure studies beyond those previously prepared are considered beyond the budget included for this assessment.
Sample 1
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