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EXHIBIT 2 <br />Exhibit 2: Schedule of Performance <br />Note: It is acknowledged that some of the following milestones may have already been achieved. For those milestones which have previously been met, <br />the month and year completed has been provided. For those milestones not yet completed, a projected completion date (MMIM for each of the <br />applicable items is provided below. <br />STI MILESTONES <br />STI Capital Project Milestone Schedule <br />Date <br />Executed binding agreement between the Recipient and developer of the proposed development detailing the terms and conditions of <br />the Project development <br />07119 <br />Site Control of site(s) by proposed developer. <br />07119 <br />Completion of all necessary environmental clearances, including those required under CEOA and NEPA. <br />12/19 <br />Obtaining all necessary and discretionary public land use approvals. <br />12119 <br />Submission of Final Construction Drawings and Specifications to the appropriate local permitting authority. <br />12120 <br />Commencement of construction. <br />09121 <br />Construction completion and closeout. <br />04122 <br />Program funds fully disbursed. <br />06122 <br />TRA MILESTONES <br />TRA Capital Project Milestone Schedule <br />Date <br />Executed binding agreement between the Recipient and developer of the proposed development detailing the terms and conditions <br />of the Project development <br />07/19 <br />Site Control of site(s) by proposed developer. <br />07119 <br />Completion of all necessary environmental clearances, including those required under CEOA and NEPA. <br />12/19 <br />Obtaining all necessary and discretionary public land use approvals. <br />12/19 <br />Submission of Final Construction Drawings and Specifications to the appropriate local permitting authority. <br />12/20 <br />Commencement of construction. <br />09121 <br />Construction completion and closeout. <br />04122 <br />Program funds fully disbursed. <br />06122 <br />75A-29 <br />