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EXHIBIT "C" <br />TO <br />NEGOTIATION AGREEMENT <br />Exclusive Negotiating_ Agreement Timeline and Milestones <br />Milestone <br />Description <br />Within Days of Effective Date , 2016 of ENA <br />Initial Pro Forma <br />Submit initial pro forma for the proposed development. <br />Project Development <br />Submit projected construction schedule for the proposed development. <br />Schedule <br />Due Diligence <br />Provide written determination of property's physical suitability for <br />development, taking into account relevant regulatory and <br />environmental conditions. <br />Full Project Submittal <br />Submit site plans and elevations. Submit all relevant applications and <br />fees <br />Within Das of Effective Date , 201 of ENA <br />Plan Review <br />Staff reviews plans for compliance with applicable codes and <br />regulations; letter prepared by Project Manager summarizing staff <br />comments is sent to developer. <br />Within Days of Effective Date , 201 off ENA <br />Revised Site Plans and <br />Submit revised site plans and elevations <br />Elevations <br />2nd Plan Review <br />Staff reviews plans for compliance with applicable codes and <br />regulations; letter prepared by Project Manager summarizing staff <br />comments is sent to developer, Revised Proforma and Development <br />Schedule Submit refined proforma and development schedule based <br />on revised site pTans and elevations. <br />Market Study <br />Submit a market study containing a forecast of regional and local real <br />estate market conditions and anticipated performance of project. <br />EXHIBIT "C" <br />-I- <br />