Agmt14 Greystar GPII LLC Property Disposition Agreement

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ATTACHMENT NO, .3 SCHEDULE OF PERFORMANCE ACTION DATE 1.. Execution and Delivery of Agreement by Prior to the date of City Council consideration Developer. The Developer shall execute of this Agreement, and deliver this Agreement to the City. 2. Execution of Agreement by City.. The Within thirty (30) days after the Developer City Council shall hold a public hearing executes this Agreement and delivers it to the to authorize execution of this Agreement City. by the City, and if so authorized, the City shall execute and deliver this Agreement to the Developer. (Section 800) .3.. Payment of Independent Consideration Prior to or concurrently with execution of this by the Developer.. Developer shall pay Agreement by the City. Independent Consideration to City. (Section 201) 4. Deposit of Down Payment by the Within five (5) business days after execution Developer into the Escrow. Developer of this Agreement by the City. shall deposit Down Payment into the Escrow. (Section 201) 5, Opening of Escrow. The City shall open Within five (5) days after execution of this an escrow for conveyance of the City Agreement by the City, Property to the Developer. (Section 202) 6. Preliminary Title Report. The City shall Within ten (10) days after the opening of submit to the Developer a Preliminary Escrow, Title Report for the City Property. (Section 205) 7. Approval — Preliminary Title Report. Within fifteen (15) days after receipt thereof, The Developer shall approve or disapprove the Preliminary Title Report, (Section 205) 8.. Acquisition of Developer Property, The Prior to the Closing Date.. Developer shall acquire all the parcels constituting the Developer Property, Attachment No.3 AI Y/AGR/2014 197/ROW GREYSTAR PDA REV:10-01-14 PT&VR S24;3 00017`1910274~13