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<br />Attachment No.8 <br />Franklin Street Area Schedule of Performance <br /> <br />"g.. '7 <br /> <br />1. <br /> <br />Shea approves exceptions to title and <br />determines Title Companies agreement to <br />insure title. <br />Agreement Effective Date. <br /> <br />2. <br /> <br />3. <br /> <br />Agency sends notice to property owners to <br />obtain entry to Acquisition Parcels <br />Shea files request for access onto public <br />land. <br />Agency and Shea prepare Due Diligence <br />Budget. <br />Shea provides Due Diligence Budget <br />Payment. <br />Shea commences Site Feasibility <br />Assessments. <br />Agency obtains Rights of Entry and access <br />for Shea to conduct Site Feasibility <br />Assessments on all public and private <br />parcels; Agency commences interviews with <br />displaced persons and relocation needs <br />assessment and Replacement Housing <br />Survey. <br />Shea completes Site <br />AssessJT\~n <br />P roceed;.shea <br />Infrastrucñ.iresecûn': ' <br />Agency completes real property appraisals <br />on Acquisition Parcels. <br />Agency approves appraisals and Agency and <br />Shea complete Acquisition Budget. <br />Shea reviews Acquisition Budget; Shea <br />makes Election to Fund; Shea files <br />applications for Project Approvals~ Shea <br />provides evidence of debt financing or <br />declaration to proceed without debt <br />financing; Shea provides the Letter of Credit <br />or Cash Deposit. <br />Agency approves Shea financing; Agency <br />authorizes written offers. <br />Agency makes written offers on all <br />Acquisition Parcels. <br />Agency opens escrow at title company. <br />Agency completes relocation needs <br />assessment and survey of available <br />comparable replacement housing. <br />Agency/property owners complete <br />negotiations; Agency calls on Letters of <br />Credit or Cash Deposit or notifies Shea of <br />option for Cash Substitution. <br />Agency holds hearings on Resolutions of <br />Necessity . <br />Agency files eminent domain actions in court <br />(including alP applications). <br /> <br />4. <br /> <br />5. <br /> <br />6. <br /> <br />7. <br /> <br />8. <br /> <br />9. <br /> <br /> <br />s~ility <br />lection to <br />,... .~."..,l1èaShared <br /> <br />10. <br /> <br />11. <br /> <br />12. <br /> <br />13. <br /> <br />14. <br /> <br />15. <br />16. <br /> <br />17. <br /> <br />18. <br /> <br />19. <br /> <br />wc-27287 <br /> <br />Before the DDA effective date. <br /> <br />Following Redevelopment Agency Board <br />approval of Agreement. <br />Within 2 days of Step 2. <br /> <br />Within 15 days of Step 2. <br /> <br />Within 30 days of Step 2. <br /> <br />Within 30 days of Step 2. <br /> <br />Within 30 days of Step 2. <br /> <br />Within 30 days of Step 2 or as soon as <br />awarded by Court, whichever is later. <br /> <br /> <br />Within 30 days of Step 11. <br /> <br />Within 15 days of Step 12. <br /> <br />Within 30 days of Step 12. <br /> <br />Within 10 days of Step 14 <br />Prior to Step 19. <br /> <br />Within 30 days of Step 14. <br /> <br />Within 20 days of Step 17. <br /> <br />Within 5 days of Step 18. <br /> <br />'¡'--- T' , <br />