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<br />( 9) <br /> <br />Escrow closes. <br /> <br />(10) Developer pulls permits, <br />begins construction. <br /> <br />(11) Completion of construction. <br /> <br />(12) Agency issues Certificate of <br />Completion. <br /> <br />(13) Leaseup. <br /> <br />I - 2 <br /> <br />within 30 days of opening <br />of Escrow. <br /> <br />Within 30 days of close <br />of escrow. <br /> <br />Within 730 days from <br />start of construction. <br /> <br />Upon completion and <br />inspection, and within 20 <br />days. <br /> <br />Within 90 days of <br />completion of <br />construction and ongoing. <br /> <br />REDW\0006\DOC\001-7 <br />3/29/05 3:15 /rove <br />