Request For Proposals/Qualifications 313 E Grand River Thelma Joyce Osteen Comfort Station

The City of Lansing, through the Lansing Economic Development Corporation (LEDC), is officially requesting proposals for the redevelopment of 313 East Grand River, Lansing, more commonly known as the Comfort Station, but in recent years officially changed to the Thelma Joyce Osteen Comfort Station. The Thelma Joyce Osteen Comfort Station has previously been used as a meeting place for community groups, and has been under City ownership since 1916. However, it has sat vacant over recent years. Due to an increase in redevelopment projects and growing market interest in Old Town, it is our opinion that the time is ripe for a successful redevelopment and re-use of this property. The successful proposal will include, but is not limited to, the following: proposed use (residential, commercial, retail, etc.), projected development timeframe, total development costs, concept renderings of finished product, examples of materials to be used, maintenance of historical significance, and examples of previously completed development projects. Stronger proposals will be able to name end user or majority tenant. In addition to the proposal, it is requested that the City be provided with the Qualifications of the developer, including but not limited to: experience in historic rehabilitation, development experience, a list of all development team members, potential subcontractors, and financial capacity to conduct the proposed development. Additionally, the developer and partners must be current on all city taxes, special assessments, fines and fees, including parking tickets, The property will be sold, as-is where-is, upon receiving support from the Mayor, with concurrence from City Council, to the developer at a negotiated price determined by, but not limited to: appraised value of the property, estimated cost of the proposed rehabilitation, current real estate market conditions, and proposed end uses overall economic impact. The City is seeking a developer who will rehabilitate the building, complete a capital needs assessment for the structure, make needed code related repairs pursuant to the assessment, and in compliance with American with Disabilities Act (ADA) requirements, maintain the character of the building, preserve the historic faade of the building, make the facility reasonably available for a broad base of uses (unless a long term end user has been predetermined and is being included in the proposal), and agree to maintain and preserve the plaques in the name of Fredith Taylor and Thelma Joyce Osteen in substantially the same manner that they currently exist on the property, and agree to retain the name of the building as the Thelma Joyce Osteen Comfort Station. The City of Lansing pledges to the successful proposal full appropriate assistance in all eligible and qualified development needs as it relates to rezoning and development

incentives processes. Approvals are subject to the reasonable and equitable discretion of the following boards, councils or commissions: Lansing Economic Development Corporation, Lansing Brownfield Redevelopment Authority, Planning Board, Board of Zoning Appeals, Building Board of Appeals, Historic District Commission and the Lansing City Council. An identified end user of the property will be a helpful, however not an essential element to a final decision. The OTCA is a non-profit 501c3 corporation existing to promote and market commercial enterprise in the Old Town area. The OTCA performs a host of activities ranging from producing promotional material to hosting festivals. The Old Town Commercial District is host to a variety of uses ranging from retail stores like small craft shops, specialty food stores, art galleries, and home dcor; to offices for graphic designers, attorneys, and advocacy groups among many. In recent years Old Town has experienced an upward swing in terms of redevelopment with many formerly distressed historic buildings experiencing a renaissance, and with new investment pouring into the area. Depending on the intensity, and the ultimate end use, economic development assistance may be available through the Lansing EDC pending approval by the Lansing City Council. Such incentives possibly available on the site include: Local Brownfield Tax Increment Financing MEGA Brownfield Tax Increment Financing (State Issued) Michigan Business Tax Credits (State Issued) Obsolete Property Rehabilitation Act Industrial/ High Tech Facilities Tax Exemption (PA 198) Personal Property Tax Exemption (PA 328) Neighborhood Enterprise Zone Historic Tax Credits The Old Town area was recently recognized as a Michigan Mainstreet to go along with its National Mainstreet designation. The Michigan Mainstreet program offers direct assistance by way of free architectural design services for up to two buildings per year over the next four years. The Thelma Joyce Osteen Comfort Station would be eligible for this service. The OTCA offers the following incentives/assistance to its member businesses: Marketing Assistance Group Insurance Rates Group Credit Card Processing Rates Group Advertising Free Member Advertising Free Small Business Association of Michigan Membership Discounted Convention Visitors Bureau Dues

Networking Events Ribbon Cuttings Festival Sponsorship opportunities Directed consumer driven events OTCA member service discounts Free legal & human resource assistance Discounted shipping services For a complete list of services provided by OTCA please visit: www.iloveoldtown.org An appraisal of the property was completed in December 2008 and is available in pdf format on the LEDC website. www.lansingedc.com

Submissions must mailed or dropped off at the Lansing Economic Development Corporation at: Ken Szymusiak Director of Downtown Development Lansing Economic Development Corporation 401 S. Washington Sq. Ste 100 Lansing, MI 48933

All submissions must include payment of $175 non-refundable processing fee made payable to Lansing Economic Development Corporation, payment is due at time of submittal. RFP/Q can be picked up during normal business hours during the open period of the application submission period at the LEDC Office (401 S. Washington Sq., Ste. 100, Lansing, MI, 48933) or the Old Town Commercial Association (1232 Turner St., Lansing, MI, 48906), or online at www.lansingedc.com . The deadline for submissions is 4:00 p.m. EDT, September 17, 2010. Tours can be arranged by calling the Ken Szymusiak - Lansing EDC at (517) 485-5412. All tours must have at least one LEDC staff member present. Proposals must be date stamped received at the LEDC office by 4 p.m. September 17, 2010. Questions regarding the proposal will only be received via email at kszymusi@lansingmi.gov , answers to all questions will be posted to the LEDC website (www.lansingedc.com) on Monday, August 16, 2010. Estimated Timeline Advertisement and Distribution of RFP/Q: July 30, 2010

Question Period Open: July 30, 2010 August 13, 2010 Answers to questions posted on LEDC website: August 16, 2010 Deadline for submissions: 4:00 p.m., Eastern Standard Time, September 17, 2010 Review Proposals and recommend qualified proposal: October 2010 Approval by City Council: November / December 2010 Development Agreement, Act 33: Begin February 2011 Capital Needs Assessment Completion: within 90 days of completion and passage of Development Agreement and Act 33 (the municipal public process for the acquisition or disposition of property). If financing is not secured within this time period the Development Agreement and Purchase Agreement will be considered void and the property will remain in possession of the City. Building Sale Transferred to developer: Arrangements will be made for expected requirements and assurances for sale and possession after selection of the winning proposal. Qualification Requirements: The LEDC considers qualified developers to demonstrate appropriate experience, financial capability and ability to implement the proposed use, management, and improvement plan for the property. As part of the determination of sufficient qualifications, the LEDC will analyze the experience and qualifications of the developer, the financial resources, economic impact of end user, and financial viability of the end user, if identified. The information to be submitted to allow for review of qualifications shall include at a minimum the following: 1. 2. 3. Full name and address of the development company and contact person. Brief history and examples of past development projects, including historic projects and management experience. Financial information including: pro-forma cash flow statements, financial statements of development entity or its partner(s)/owner(s) and financing structure. Statement of good standing regarding the development entity, its partners or owners, in connection with any City of Lansing tax obligation, to include, but not limited to, personal and real property.

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Proposal Requirements 1. 2. 3. 4. 5. 6. How the property will be redeveloped, must include renderings and sketches, with identified or intended users/uses upon completion of the project. A short narrative summary of how you view the use and management of the property, including its long term viability. Technical plan of the developer to carry out the capital needs assessment for the structure. Rehabilitation plan for the property to address code related, historic, and ADA requirements. A plan to maintain the property. Estimated costs for these activities in the form of an operating and construction pro-forma showing the sources and uses of funds to finance improvements and management. Please provide letters of support from financial and lending institutions, organizations and prospective investors. A critical path estimate to complete the tasks according to the timeline. A list of all services and work proposed to be utilized by the City including economic development incentives. Record of ability to attract financial backing in previous projects.

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Proposals will be evaluated on: 1. 2. 3. 4. 5. 6. Proposed purchase price. Tax revenue generation. Intended end use. A signed commitment from end user. Experience of developer in historic rehabilitations Proposals fitness to Old Town community and ability to address code related, historic, and ADA requirements. 7. Financial feasibility of proposal based on sources and uses of financing 8. Acceptability of projected time frame proposed to meet the requirements established by the City. 9. Other unique qualities of the proposed development and advantages over other proposals. 10. Ability to attract financial backing and history of financial backing in previous projects. 11. Demonstrated ability to work in partnership with local governmental entities and local commercial and neighborhood organizations. If possible please provide letters of support from previous experience with similar organizations from previous projects. 12. Promptness, preparedness, and organization of proposal presentation. 13. Financial capability, resources available to the organization to meet the criteria established by the City for the use of the building and the terms of the sale. ALL APPLICABLE FEDERAL, STATE, AND LOCAL LAWS AND ORDINANCES WILL APPLY TO THE USE OF THE PROPERTY