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EXHIBIT 1 <br />EXHIBIT "C" <br />TO <br />NEGOTIATION AGREEMENT <br />Exclusive Negotiating Agreement Timeline and Milestones <br />Milestone <br />Description <br />Status <br />First Exclusive Negotiation Agreement Period <br />Select Use <br />Developer will provide the City written notice of a finalized <br />Submitted by THRIVE: <br />Property use between either: 1) a community micro -farm; or <br />May 31, 2018 <br />2) a mercadito, pursuant to the terms of this Agreement. <br />Initial Pro Forma <br />Developer will submit initial pro forma for the proposed <br />Submitted by THRIVE: <br />development. <br />July 2, 2018 <br />Project Development <br />Developer will submit projected construction schedule for <br />Submitted by THRIVE: <br />Schedule <br />the proposed development. <br />July 2, 2018 <br />Due Diligence <br />Developer will provide written determination of property's <br />Submitted by THRIVE: <br />physical suitability for development, taking into account <br />July 2, 2018 <br />relevant regulatory and environmental conditions. <br />Economic Subsidy <br />Submit a preliminary market assessment containing a <br />Submitted by THRIVE: <br />Report and/or <br />forecast of regional and local real estate market conditions <br />August 14, 2018 <br />Community Benefit <br />and anticipated performance of project. <br />Report <br />Full Project <br />Developer will submit site plans and all relevant applications <br />Submitted by THRIVE: <br />Submittal <br />and fees <br />December 12, 2018 <br />Plan Review <br />Staff will review plans for compliance with applicable codes <br />Plan Review provided <br />and regulations. Project Manager will submit a letter <br />by City of Santa Ana: <br />summarizing staff comments to the Developer. <br />March 11, 2019 <br />Revised Site Plans <br />Developer will submit revised site plans to City staff. <br />Submitted by THRIVE. <br />July 30, 2019 <br />Second Exclusive Negotiation Agreement Period <br />By September 30, 2019 <br />2nd Plan Review <br />Staff will review plans for compliance with applicable codes <br />and regulations. Project Manager will submit a letter <br />summarizing staff comments to Developer. <br />EXHIBIT "C' <br />