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ISD is interested in
enhancing the financial performance of Jersey Island. The purpose of the RFQ is twofold:
Part A: Identify one Partner that would work with the
ISD on the long-term development and financial sustainability of Jersey Island. This Partner would have the opportunity to
work with the ISD to enhance the financial performance of Jersey Island, and would
be the designated entity to coordinate the development of alternate uses and/or
the enhancement of existing uses of the island.
Part B: Identify Potential Users that may be
interested in assessing the feasibility of alternative revenue generating uses
of Jersey Island, and if feasible, developing specific uses on a portion of
Jersey Island. The qualifications of Potential
Users responding to this RFQ will be reviewed.
As discussed in the next paragraph, Potential Users will be engaged subsequent
to the selection of a Partner by ISD.
If a qualified Partner is identified through this process,
it is anticipated that the Board would direct staff to negotiate an agreement
with the Partner (Partner Agreement).
After execution of the Partner Agreement, the Partner would begin work
with ISD staff to pursue potential feasible uses on Jersey Island. The Partner would work with Potential Users
identified through this RFQ process and other users that express interest in
the property. The Partner, in
coordination with ISD, would coordinate the work with Potential Users on
feasibility analyses, environmental review, and entitlement issues necessary
for the development and enhancement of the financial performance of Jersey