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THRIVE SANTA ANA, INC. (3)
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THRIVE SANTA ANA, INC. (3)
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Last modified
8/3/2022 2:13:35 PM
Creation date
8/3/2022 2:11:58 PM
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Contracts
Company Name
THRIVE SANTA ANA, INC.
Contract #
A-2022-090
Agency
Community Development
Council Approval Date
6/7/2022
Expiration Date
6/18/2022
Destruction Year
2027
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EXHIBIT C-1 <br />FIRST AMENDED PERFORMANCE SCHEDULE <br />A. Days shall be calendar days, unless otherwise specified. <br />B. Except for the execution of the Lease and prerequisites for the execution of the <br />Lease, the City Manager is authorized by the City to make minor changes to the schedule prior to <br />the Project Completion Date resulting in an aggregate extension of the Project Completion Date <br />of ninety (90) calendar days or less. <br />C. In the event of any conflict between this schedule and the DDA, the terms and <br />provisions of the DDA 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 DDA. <br />Action <br />Date Action to be <br />Completed B <br />1. <br />Effective Date of Agreement <br />6/18/2020 <br />3. <br />Submission of updated Financial Pro Forma from Developer <br />to City <br />3/I5/2022 <br />4. <br />Delivery of Due Diligence Completion Notice from Developer <br />COMPLETED <br />to City <br />71212018 <br />5. <br />Submittal of building permit application(s) from Developer to <br />COMPLETED <br />City <br />313012022 <br />6. <br />Issuance of building permit(s) by City <br />12/15/2022 <br />7. <br />Document Construction Financing, Permanent Financing, and <br />12/15/2022 <br />Evidence of Equity <br />8. <br />Execution of Lease <br />12/15/2022 <br />9. <br />Groundbreaking ceremony <br />12/15/2022 <br />10. <br />Commencement of construction and installation of Project <br />12/15/2022 <br />11. <br />Submission of administrative request for extension of <br />6/18/2023 <br />construction deadline, if necessary, from Developer to City <br />12. <br />Completion of construction and installation of Project <br />6/18/2023 <br />13. <br />Submission of Certificate of Completion from Developer to <br />6/18/2023 <br />City <br />14. <br />Issuance of Certificate of Occupancy by City <br />6/18/2023 <br />15. <br />Grand opening ceremony <br />6/18/2023 <br />
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