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<br /> b. Submit Site Plans, Floor Plans, Parking Plans, <br /> Access/Circulation and Elevations <br /> c. Submit Revised Financial Pro Forma reflecting <br /> Development Program, including: <br /> - Construction costs; <br /> - Stabilized net operating income, including retail <br /> income, if applicable <br /> - Cash flow, showing repayment of Agency loan <br /> - Sources and uses of funds for both the <br /> construction and permanent period <br /> - Calculation of tax credit proceeds <br /> - Self-scoring of MHP application <br /> - Detailed Request for Agency Assistance - amount of <br /> assistance, timing for payment of assistance, <br /> structure for repayment of assistance, clear <br /> statement of what project payments will be <br /> superior to repayment of the Agency's loan <br /> d. Submit Affirmative Marketing Plan and proposed <br /> designation of HOME units <br /> Developer ObliGations - 180 Davs <br /> <br /> Within the Term of the Agreement, the Developer shall <br /> undertake and complete the following: <br /> - Complete Phase 1 environmental assessment <br /> - Negotiate business terms of DDA <br /> - Secure all necessary land use approvals except <br /> building permits to the extent possible (per the <br /> requirements of the MHP program) <br /> - Obtain local design review approval to the extent <br /> required (requirement of MHP) <br /> - Secure enforceable loan commitments for all funds <br /> with the exception of tax-exempt bonds and 4% tax <br /> credits and MHP funds (requirement of MHP) <br /> - Resubmit development costs based on latest set of <br /> design documents <br /> Aqencv ObliGations - 180 Davs <br /> <br /> In the event that the parties do not reach agreement on <br /> a Disposition and Development Agreement, the Agency shall <br /> B - 2 <br /> . .. <br />