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A[tacnmem No 8 <br />Frankhn Street Area Schedule of Performance <br /> <br /> Shea approves excephons to btle and <br /> determmes Title Compames agreement to <br /> msure t~tle <br />2 Agreement Effectwe Date, <br /> <br />3 Agency sends notice to property owners to <br /> obtain entry to Acquisition Parcels <br /> Shea files request for access onto public <br /> <br />il0. <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 />land. <br /> <br />Agency and Shea prepare Due Diligence <br />Shed provides BueJ3~genca Budget <br /> <br />Shea commences Site Feasibility <br />Assessments. '" <br />Agency obtains Rights of Entry and access <br /> <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 /> <br /> completes Site Feasibility <br />Assessments; Shea makes its Election to <br />Proceed; Shed files applications for Project <br />Approvals; Shea posts bond for Shed Shared <br />Infrastructure securib/, <br />Agency completes real property appraisals <br />on Acquisition Parcels. <br /> <br />Agency approves appraisals and Agency and <br />Shea complete Acquisition Budget, <br />Shea reviews Acquisition Budget; Shea <br />makes Election to Fund; Shed provides <br />evidence of debt financing or declaration to <br />proceed without debt financing; Shea <br />provides the Letter of Credit or Cash Deposit <br />Agency approves Shed financing; Agency <br />authorizes written offers. <br />Agency makes written offers on all <br />Acquisition Parcels. <br /> <br />Agency opens escrow at title company. <br />Agency completes relocation needs <br />assessment and survey of available <br />comparable replacement housing. <br /> <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 r~olds hearings on Resolutions of <br />Necessity. <br /> <br />Agency files eminent domain actions *n court <br />(including OIP applications). <br /> <br />Before the DbA effective date. <br /> <br />Follow~ng Redevelopment Agency Board <br /> <br />approval of Agreement. <br />Within 2 days of Step 2. <br /> <br />Within 15 days of Step 2. <br />Within 30 days of Step 2. <br />Within 30 days of Step 2. <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 />Within 120 days of Step 8. <br /> <br />Within 30 days of Step 9 or within 150 <br />days of Step 5, whichever is later, <br />Within 30 days of Step 10. <br /> <br />Within 30 days of Step 11. <br /> <br />Within 15 days of Step 12. <br />Within 30 days of Step 12. <br /> <br />Within 10 days of Step 14 <br />Prior to Step 19. <br /> <br />Within 30 da~ys of Step 14. <br /> <br />Within 20 days of Step 17. <br />Within 5 days of Step 18. <br /> <br />wc-27287 <br /> <br /> <br />