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25I - AGMT - LOAN AGMT 940 MINNIE LP
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25I - AGMT - LOAN AGMT 940 MINNIE LP
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Last modified
3/13/2014 2:38:25 PM
Creation date
3/13/2014 2:29:51 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
25I
Date
3/18/2014
Destruction Year
2019
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Exhibit D <br />940 S. Minnie Street <br />Project Tasks and Schedule <br />Task <br />Date <br />City Council Funding Commitment and Density Bonus for Parking Variance <br />Approval <br />March 4, 2014 <br />Permanent Financing Commitment Approved/Signed <br />Aril, 2014 <br />HOME Funds Fully Committed <br />May 1, 2014 <br />Close of Escrow- Earliest Date to Close Escrow <br />Ma 15, 2014 <br />Close of Escrow- Outside Date to Close Escrow <br />August 13, 2014 <br />Initiate Relocation Process <br />August 15, 2014 <br />Construction Permit Application <br />August 15, 2014 <br />Construction Permit Issued/ Completion of Relocation Process <br />November 15, 2014 <br />Begin Construction <br />December, 2014 <br />Construction Completed <br />August, 2015 <br />Project Fully Leased <br />November 2015 <br />The Schedule of Performance is subject to revision from time to time as mutually agreed upon in writing <br />between Developer and the City Manager, and City Manager is authorized on behalf of City to agree to <br />make such revisions as he deems reasonably necessary. <br />251 -57 <br />
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