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EXHIBIT 2 <br />Page 4 of 5 <br /> <br />Dec 21 Submit grading/ Non-Priority WQMP <br />Jan 22 Submit architectural plans <br />May 22 Planning Commission Approval <br />Jul 22 Grading permit issued <br />Aug 22 Groundbreaking <br />Aug 22 Building Permits issued <br />Aug 22 Commence Grading <br />Sep 22 Begin Foundation Consturction <br />Oct 22 Framing Ceremony/Framing Construction Begins <br />Aug 23 Anticpated Construction completion <br />Aug 23 Certificate of Occupancy/Closings <br /> <br />Projects in Pre-Development <br /> <br />FX Residences – 801, 809, 809 ½ E. Santa Ana Boulevard <br />Jan 19 Council approval for land lease and project funding <br />Jan 19 Submittal of application for NPLH funding <br />Feb 19 Confirm with City staff that project site can yield additional units under <br />existing zoning <br />Mar 19 Revise conceptual drawings for additional 5 units (17 total units, up from the <br />original 12 units) <br />Mar 19 SNHP funding application submitted to County <br />Apr 19 City staff to review revised conceptual design <br />Apr 19 Begin development agreement <br />May19 Board of Supervisors meeting for SNHP funding <br />Jul 19 Execute Development Agreement <br />Jul 19 Formal awards letters for NPLH funding to be issued <br />Aug19 Initial planning submittal <br />Sept19 Sunshine Ordinance Meeting <br />Mar 21 Planning Commission Meeting (ministerial approval of density bonus) <br />Oct 21 Submit for first plan check <br />Dec 21 City Council Meeting (ministerial approval of density bonus) <br />Dec 21 City Council approval of additional $587,000 for construction costs <br />Feb 22 Building permit submittal <br />Mar 22 Recived 1st set of comments back from Plan Check, consultants working on <br />responses. <br />Jul 22 FX Funding Closing Meetings begin, 2nd Building Plan Submittal <br />Aug 22 Building and Grading comments being addressed <br />Oct 22 Consruction Funding Closing process is underway <br />Mar 23 Pulling of permits for project <br />Mar 23 Construction Begins <br />Nov 24 Anticipated Completion of construction <br />Dec 24 Lease up units ( 3 months) <br /> <br /> <br />