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<br />Exhibit E <br />4918-4747-2756 v9 <br />ATTY/RESO.0112/CC RESO.0112/CC RESO APPROVING THIRD AMENDMENT TO MASTER PROJECT AGREEMENT (YMCA PROJECT) – EXHIBIT A <br />REV: 11-06-25 VR <br />EXHIBIT E <br />THIRD AMENDED SCHEDULE OF PERFORMANCE <br /> <br />Approval of Final Plans for Phase I <br />Improvements <br />By March 1, 2020. <br />City issuance of Bonds to finance <br />Phase 1 Improvements <br />By June 30, 2021. <br />City award of construction contract to <br />construct Phase 1 Improvements <br />By June 30, 2021. <br /> <br />Commencement of construction of <br />Phase 1 Improvements <br />Within 60 days after award of construction contract. <br />Completion of construction of Phase 1 <br />Improvements <br />Within 54 months after commencement of construction. <br />City provides YMCA-SV Written <br />Notice of Demolition of Existing <br />VMSC and Gift Shop/Administration <br />Building on Project Site <br />At least 90 days prior to commencement of demolition <br />work, but no earlier than July 1, 2026 <br /> <br />City completes demolition of Existing <br />VMSC and Gift Shop/Administration <br />Building on Project Site <br />Commenced no earlier than October 1, 2026 and <br />completed no later than June 30, 2027. <br />YMCA-SV prepares final plans for <br />Phase 2 Improvements and submits <br />plans to City for approval <br />By September 1, 2024. <br />City approval of final plans for Phase <br />2 Improvements <br />Within 60 days after City has deemed the application for <br />the Phase 2 Improvements to be complete. <br />YMCA-SV notifies City that it has <br />sufficient financing to construct New <br />YMCA and allocable share of <br />Common Area Improvements and all <br />other conditions for conveyance of <br />leasehold interest to YMCA Site have <br />been satisfied <br />By November 1, 2027.