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EXHIBIT "C" <br />TO <br />DISPOSITION AND DEVELOPMENT AGREEMENT <br />PERFORMANCE SCHEDULE <br />A. Days shall be calendar days, unless otherwise specified. <br />B. The City Manager is authorized by the City to make minor changes to the schedule <br />prior to the Project Completion Date resulting in an aggregate extension of the Project Completion <br />Date of ninety (90) calendar days or less. <br />C. All specific dates set forth in parentheses in this schedule are estimates only and <br />not binding on the Parties. <br />D. In the event of any conflict between this schedule and the Agreement, the terms and <br />provisions of the Agreement shall control. <br />E. All defined terms indicated by initial capitalization used in this schedule shall have <br />the meanings ascribed to the same terms in the Agreement. <br />Action <br />Date Action to 4e <br />Coin leted B <br />1. <br />Effective Date of Agreement <br />3. <br />Submission of updated Financial Pro Forma from Developer <br />to City <br />4. <br />Delivery of Due Diligence Completion Notice from Developer <br />to City <br />5. <br />Submittal of building permit application(s) from Developer to <br />City <br />6. <br />Issuance of building permit(s) by City <br />7. <br />Execution of Lease <br />8. <br />Groundbreaking ceremony <br />9. <br />Document Construction Financing, Permanent Financing, and <br />Evidence of Equity <br />10 <br />Commencement of construction and installation of Project <br />11. <br />Submission of administrative request for extension of <br />construction deadline, if necessary, from Developer to City <br />Up to (1) additional <br />year <br />12. <br />Completion of construction and installation of Project <br />13. <br />Submission of Certificate of Completion from Developer to <br />city <br />One (1) year from <br />execution of DDA <br />14. <br />Issuance of Certificate of Occupancy by City <br />