Can I Assign a Contract for Development Land

[James Guillot]

I have stumbled on something I have absolutely no knowledge or experience in. I came across some development land in a fantastic area of the city for middle to high class homes to be built. The city wants a developer to build these homes and is willing to sell the land for cheap to make that happen. 

I have no experience with development, so I have no idea how to assess the land, determine value, or determine which questions I need to ask about the land.

I feel like there is money to be made here. Is it possible to assign a contract to a developer from a city? 

I really need some information and advice. Anything is appreciated.