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AgdaPkt 2000-05-22
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AgdaPkt 2000-05-22
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Last modified
2/24/2021 9:45:53 AM
Creation date
6/28/2005 2:54:05 PM
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CC Index
CC Index - Document Type
Agenda Packet
Date
5/22/2000
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<br />£Pc-" <br /> <br />Attachment No. ~ Â <br /> <br />Franklin Street Schedule of Performance <br /> <br />1. Shea approves excepuons to title and Before the DDA effecuve date. <br /> determines Title Companies agreement <br /> to insure title. <br />2. Agreement Efiective Date. Following Redevelopment Agency <br /> Board approval of Agreement. <br />3. Agency sends notice to property owners Within 2 days of Step 2. <br /> to obtain t:ntrV to Acquisition Parcels <br />4. Shea riles request tor access onto public Within 15 days of Step 2. <br /> land. <br />5. Agency and Shea prepare Due Diligence Within 30 days of Step 2. <br /> Budeet. <br />6. Shea provIdes Due Diligence Budget Within 30 days of Step 2. <br /> Pavment. <br />7. Shea commences Site Feasibility Within 30 days of Step 2. <br /> Assessments. <br />8. Agency obtains Rights of Entry and Within 30 days of Step 2 or as soon as <br /> access for Shea to conduct Site awarded by' Court. whichever is later. <br /> Feasibility Assessments on all public and <br /> private parcels: Agency commences <br /> interviews with displaced persons and <br /> relocation needs assessment and <br /> Replacement Housing Survey. <br />9. Shea completes Site Feasibility Within 150 d~ys of Step 8. <br /> Assessments; Shea makes its Election to <br /> Proceed; Shea posts bond for Shea <br /> Shared Infrastructure securitY. <br />10. Agency completes real property Within 30 days of Step 9 or within 150 <br /> appraisals on Acquisition Parcels. davs of Step S. whichever is latet. <br />11. Agency approves appraisals and Agency Within 30 days of Step 10. <br /> and Shea complete AcQuisition Budget. <br />12. Shea reviews Acquisition Budget; Shea Within 30 days of Step 11. <br /> makes Election to Fund; Shea fIles <br /> applications for Project APÆrovals; Shea <br /> provIdes evidence of debt mancing or <br /> declaration to proceed without debt <br /> financing; Shea provides the Letter of <br /> Credit or Cash Deposit. <br />13. Agency approves Shea tmancing; Within 15 days of Step 12. <br /> Aeency authorizes written offers. <br />14. Agency makes written offers on all Within 30 days of Step 12. . <br /> Acquisition Parcels. <br />15. Aszency opens escrow at title company. Within 10 days of Step 14 <br /> <br />Shea DDA Attachment No. 8A <br />Fonn dated: 3/20/00 <br />AK/DES <br /> <br />. . <br /> <br />r ~ <br />
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