Agmt00 Irvine Apartment Communi - Laserfiche WebLink

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20. Executive Director calls upon LC or Cash Upon acceptance of written offers by Deposit for offers accepted by property property owners. owners. 21. (a) The Agency provides notice to affected (a) Within 11 days prior to the Conclusion owners and tenants of hearing on Resolution of Step 19; the hearing on resolution of of Necessity; necessity will be held no sooner than 15 days following affected parties receipt; (b) The Agency holds hearing on Resolution of Necessity on all Acquisition Parcels not (b) Within 20 days after conclusion of purchased. Step 19. 22. The Agency initiates survey and analysis of Within 10 days of Step 17. available comparable replacement housing 23. Eminent domain action filed (including Within 7 days of Step 21(b) or when the Order�or Immediate Possession Agency receives from IAC all funds Application); Agency calls upon the LC or necessary to deposit with the court with Cash Deposit for ail Acquisition Parcels not the eminent domain complaint, whichever purchased by agreement. is later. 24. The Agency obtains Order for Immediate Within 15 days of Step 23. Possession 25. The Agency gains possession of Acquisition 90 days from Step 24 or as soon as . Pazcels. granted by court, whichever is later. 26. The Agency places Acquisition Pazcels Within 10 days of receipt by the Agency. deeds or court Orders for Possession into escrow. 27. Order for Immediate Possession served on Within 5 days of Step 24. Condemnees and Condemnees' counsel. 28. The Agency relocates commercial and Within 90 days of Step 25. residential tenants. 29. The Agency delivers possession of Within 90 days of Step 26. Acquisition Pazcels to IAC. 30. IAC accepts possession of Acquisition Upon delivery of Acquisition Parcels by Pazcels. Title policy is issued. the Agency. 31. IAC either accepts or waives the conditions No later than 30 days prior to close of in Section 402 of DDA. escrow. - 32. IAC delivers fees and chazges to escrow No earlier than 10 days prior to close of agent. escrow. 33. IAC requests Certificates of Completion for Upon completion of each Project Phase. one or more Phases 34. The Agency staff checks with City for status Within 15 days of Step 33. of the Project phase or phases. 35. IAC corrects deficiencies and resubmits the Within 15 days of Step 34. request for the Certificate or certificates of Completion. � 36. The Agency issues Certificate or certificates Within 10 days of notice by IAC that the of Completion. items at Step 35 have been corrected. � 9627:96103.4 2