Specifications include, but are not limited to: Proposals will be received by the Mayor and Council of the Borough for a Redeveloper to create a strategic design and development plan for the creation of a licensed cannabis establishment to be incorporated into the Borough’s redevelopment plans. The proposal shall include a proposed purchase price and outline operations for the project. After selection as Redeveloper, the selected Redeveloper will be responsible for the following activities: a. Negotiation and execution of a redevelopment agreement with the Borough, which includes, at minimum, the statutory requirements set forth at N.J.S.A. 40A:12A-9; b. Securing financial commitments for construction and permanent financing; c. Conducting any environmental due diligence and performing any necessary environmental cleanup. The selected Redeveloper is not precluded from reaching any agreement with any responsible party for environmental liability or cleanup, subject to the approval of the New Jersey Department of Environmental Protection; d. Preparation of site plans and building designs; e. Applying for and securing all necessary permits and approvals for the Project, including, but not limited to, building permits; f. Providing for all capital improvements and infrastructure improvements necessitated by the proposed project; g. Coordination and completion of all construction activities; h. Ongoing property management, as applicable; i. Operation of a legally compliant cannabis establishment.
