Issue Request for Proposals (RFP) for Developers - The Development Corporation should, based on its funding capability and resources, determine the magnitude of its role in funding elements of the redevelopment, identify means of reducing costs through donated time materials, etc., and outline the responsibilities of potential developers. This should be done during development of a Request for Proposals for Developers so that the Corporation and the developer can approach negotiations with realistic expectations. The Development Corporation and the City should be explicit in the RFP about quality standards in terms of design, materials, construction, etc. to which the developer must adhere.
Complete Pre-Development Tasks - As negotiations with potential developers conclude, the City and the Development Corporation should conclude fulfilling its obligations in terms of site prep, property acquisition, etc.
Complete Development Tasks - Once a developer is selected, the City and the Development Corporation should monitor closely development activity so that projects proceed according to the agreed-upon schedule.
Evaluate Results and Begin Work on Phase Two - Even before units are completed and sold or leased, the Development Corporation should look toward the commencement of phase two and adjust its actions based on results, success, and problems encountered in phase one.