What is the proposed structure for these public-private partnerships?

STEP 1: An Inter-Governmental Agreement (IGA) between the BOMC and the DDA will provide the DDA control of all the parcels mentioned above so it can use its status as a development authority to engage with the developers. This agreement will outline the requirements set forth by the BOMC/DDA for these properties. It will include covenants for design guidelines, desired and prohibited uses of the properties, stipulations for the flow of funds, and ultimate ownership of key components of the parcels.  

STEP 2: Memorandums of Understanding (MOUs) between the DDA and the respective developers enabling the development teams to confidently move forward with the design and financing of their projects. The MOUs will again be subject to discussion and a vote in a public meeting.     

STEP 3: Later this summer, it is anticipated the DDA will contract with each of the development teams to execute these projects. These development contracts will form the basis of governance for the financing, design, construction, occupancy, and use of the development projects.

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1. The BOMC and the DDA have been regularly meeting in executive sessions. Why?
2. Why have you waited to inform the community?
3. What are the proposals?
4. Why are these projects good for the City? As a resident, what’s in it for me?
5. Is there a hotel group associated with the boutique hotel and why 80 to 82 rooms?
6. Is this a done deal?
7. Why is the BOMC presenting these options now?
8. Who is approving the design of these buildings?
9. What about Finders Keepers and Edwin Jarvis? 
10. What are the financial implications?
11. How are you going to fund a parking deck that is reserved for the public?
12. What other public investments are needed for the Town Green Market Development?
13. Are the live-work units going to require a public investment?
14. Does the hotel need additional public investment?
15. What is the proposed structure for these public-private partnerships?
16. What is the projected schedule?