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. As used in this chapter:
(a) "Best interests of the city" means a procurement process that
is determined by the city to provide the best value and an expedited
delivery schedule while maintaining a high level of quality
workmanship and materials.
(b) "Best value" means a value determined by objective criteria
that shall include a combination of price, financing costs, features,
functions, performance, life-cycle maintenance costs and abatement
offsets, and development experience.
(c) "Business entity" means a partnership, corporation, or other
legal entity that is able to provide appropriately licensed
contracting, architectural, engineering, financial, operations,
management, facilities maintenance, and other services for
development of a new Long Beach Civic Center.
(d) "City" means the City of Long Beach and its departments,
including the City of Long Beach Harbor Department.
(e) "Long Beach Civic Center" means the area bounded by Broadway,
Pacific Avenue, Ocean Boulevard, and Magnolia Avenue, containing
approximately 14.98 acres, and the parcel on the south side of 3rd
Street between Pacific Avenue and Cedar Avenue, containing
approximately 0.89 acres.
(f) "Private entity" means an individual, business entity, or
combination of individuals and business entities.
(g) "Private portion of the project" means those parcels of land
within the Long Beach Civic Center to be conveyed to a private entity
and developed as residential, retail, hospitality, institutional, or
industrial facilities.
(h) "Project" means the revitalization and redevelopment of the
Long Beach Civic Center with a new city hall, port headquarters,
public library, and public park, and residential, retail,
hospitality, institutional, and industrial facilities.
(i) "Public portion of the project" means those parcels of land
within the Long Beach Civic Center to be developed as a city hall,
port headquarters, public park, public library, or other government
facilities.
(j) "Public-private partnership" means a cooperative arrangement
between the public and private sectors, built on the expertise of
each partner, that best meets the city's needs through the
appropriate allocation of resources, risks, and rewards for the
purposes of, and, including, but not limited to, studying, planning,
designing, constructing, developing, financing, operating,
maintaining, or any combination thereof, the project.