1. CSU Public Private Partnerships
March 12, 2014

2. Public Private Partnership Projects
G. Paul Storey, Executive Director, Foundation, CSPU Pomona
Dr. Steven Lohr, Chief, Land Use Planning and Environmental Review, CSU Chancellor’s Office

3. Public Private Partnerships-Agenda
Purpose of Public-Private Partnership (P3) projects
Benefits of P3 projects
Examples of P3 projects
CSU P3 process
Request for Proposal (RFP)
RFP evaluation criteria
Cal Poly Pomona Innovation Village

4. Public Private Partnership Projects
Long-term contractual relationships that use or develop campus real property
Purpose: Further the educational mission of the campus through the acquisition of physical assets, income and/or educationally related opportunities for students and faculty
Often involves ground lease from CSU to campus auxiliary, which then subleases to a third party developer to design, construct and finance agreed upon development plan

5. Benefits of P3
Provision of development which university could not develop/fund on its own
Utilize private sector which has successful experience in projects in certain projects
Preserve bond capacity for other critical campus projects
Facilitate integration of students into university life

6. Examples of P3 Projects in Higher Ed.
On university property: Mixed-use projects; office- commercial development; hotels
On private property (UC): Research, medical office, housing
Other public agencies
Cal Poly Pomona: Innovation Village

7. CSU P3 Process Step 1: Project Initiation Step 2: Concept Approval
Identify aspirations for development
Land Development Review Committee (LDRC)
Step 2: Concept Approval
Board approval of concept
Authorization to identify development team and negotiate terms

8. CSU P3 Process Step 3: Project Scope/Due Diligence
Select development team and negotiate terms
Due diligence effort
Land Development Review Committee (LDRC)
Compliance with California Environmental Quality Act

9. CSU P3 Process Step 4: Final Approval
Submission to CO (due diligence; terms)
Approval by Board (CEQA, Master Plan revision, Non- State Capital Outlay revision; development terms; design plans)
Step 5: Execution of Development Agreement

10. Request for Proposal (RFP) Process
Selection of development team
Issuance of RFP
Evaluation of developer qualifications
Selection of “short list” of proposers
Provision of more detailed proposals

11. Examples of Evaluation Criteria
Ability to secure financing; financial strength
Experience and expertise of development team
Ability and experience in constructing, marketing, leasing and operating comparable properties
Experience with P3 projects
Commitment to spirit of development concept
Furthering educational mission of campus

12. The California State University