23.11.2014 Views

Board Packet 01 18 06 - Sonoma Marin Area Rail Transit - Home Page

Board Packet 01 18 06 - Sonoma Marin Area Rail Transit - Home Page

Board Packet 01 18 06 - Sonoma Marin Area Rail Transit - Home Page

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Changes to <strong>Rail</strong>road Square RFP (12/21/05 version to 1/<strong>18</strong>/<strong>06</strong> version)<br />

11<br />

Labor<br />

Apprenticeships<br />

<strong>Page</strong> 13,<br />

Chapter 6:<br />

Section 6.5,<br />

Final Paragraph<br />

New Insert: “The apprenticeship requirement applies to any craft for which the State<br />

Department of Apprenticeship Standards has approved an apprenticeship program.<br />

Apprenticeship programs must have been approved by the State Department of<br />

Apprenticeship Standards. Moreover, the apprenticeship program must have graduated<br />

apprentices annually for the past 5 years. This graduation policy shall not apply to crafts<br />

not recognized by the Dept. of Labor and/or the Department of Apprenticeship Standards. It<br />

shall be the responsibility of the developer to provide documentation of compliance with<br />

apprenticeship and prevailing wage requirements.”<br />

12 Business Terms <strong>Page</strong> 23,<br />

Appendix E:<br />

Sub-Section 1:<br />

Lease Term Item,<br />

Base Rent Item<br />

Removed: Reference to a precise number of years in the “Lease Term” item. Reference to a<br />

specific dollar amount in the “Base Rent” item.<br />

13 Evaluation<br />

Criteria<br />

<strong>Page</strong> 17,<br />

Chapter 7:<br />

Section 7.3<br />

Revised:<br />

1. Ridership and Revenue (33 1/3%)<br />

-- projected SMART ridership generated by the proposal (estimated by considering<br />

densities, the impact of particular uses, and the overall transit-orientation of the project)<br />

-- projected amount of annual revenue to SMART<br />

2. Financial Feasibility and Deliverability (33 1/3%)<br />

-- financing plan, financial capacity, and ability to deliver project in the timeframe<br />

envisioned<br />

-- financial feasibility of the proposed project (including realistic cost and revenue<br />

assumptions, and realistic business or financial plans for major proposed tenants)<br />

-- ability of development team to conduct a public process<br />

-- ability to address remaining criteria outlined in the submittal requirements

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!