Page 76 - A U4SSC deliverable - Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects

3.5 Green areas.

There could be a required minimum percentage of the development devoted to green systems,
with specific types of plants and trees. There could be a preservation mandate for certain types
of vegetation. It is also important to know the procedure to compensate for the reduction of such
areas, when possible.

3.6 Utility company agreements.

Coordination letters and pre-existing or current contracts with the companies supplying water,
electricity, sewage, and gas. Electricity transformation posts and substations, designed or installed,
serving the real estate can be an asset or an expensive liability.

3.7 Preserved elements, such as archaeological sites, natural parks and other areas of special
interest, might be affected by the development, and preliminary conversations and agreements
with the institutions in charge are advisable, not only at local level but also at regional and national
levels.

Note: While assessing the technical resources, innovative technical solutions for construction
should also be considered, as they are available together with all technologies applicable to the
development and their costs, delivery time-frame and on-site availability. Especially important for
all projects is to have a land remediation strategy for potentially polluted industrial/farming soil.
This should include available technologies, timelines, budget and other costs, such as those arising
from the disposal of polluted soil into newly or especially created dump areas.

IV. Value: utilization of the development.

4.0. Layout planning and feasibility concepts.

Graphic layouts, considering the existing and post-development landscape characteristics, provide
a good idea of what is possible before running the numbers.

Define the returns and the desired life span to get these. Envision the disposal and/or reuse of
objects after their intended use; is there a potential circularity to them, or to their materials or parts
thereof?

4.1. Location, catchment area and transport connection. Potential value added.

The immediate catchment area within 5-, 30- and-60-minute drive zones, including the approximate
population affected, is to be investigated, including the infrastructure impact of the development
and the pollution impact of the future activity. Connection for access by all kinds of transport.

4.2. Investment and returns. The feasibility study, cost and time-control charts, and cash flows.

58 U4SSC: Guidelines on tools and mechanisms to finance Smart Sustainable Cities projects