Laserfiche WebLink
Attachment 6 <br />Schedule of Performance 1/24/01 <br /> <br /> This schedule is based on calendar days <br /> unless otherwise noted. <br />1 Schedule Effective Date Third day following RDA/City approval of <br /> Disposition and Development Agreement <br /> (DDA). <br />2 City makes statement of overriding Statement of overriding considerations <br /> considerations. Staff files Notice of approved with DDA; Notice of <br /> Determination. Determination filed by Effective Date. <br />3 City begins process to create the City Within 45 days of completion of Acquisition <br /> Transfer Parcel. Budget. <br />4 Development of Pre-Acquisition Budget. Within 45 days of Effective Date, developer <br /> and Agency will create and developer will <br /> fund Pre-Acquisition Budget. <br />5 Developer submits plans for informal review Agency and developer will agree on a <br /> by Architectural Review Committee (ARC) process schedule within 30 days of Effective <br /> and Planning Commission (PC). date. <br />6 Developer and Agency complete all Within 90 days of Effective Date. <br /> attachments to the DDA. <br />7 Development of Acquisition Budget. No later than 45 days from completion of the <br /> all the work of the consultants to be paid for <br /> by the Pre-Acquisition Budget. Information <br /> necessary to complete this activity will be <br /> collected as early as possible, subject to the <br /> Agency's legal ability to do so. <br />8 Agency and developer open escrows. Within 10 days of approval of the <br /> Acquisition Budget. <br />9 Developer obtains from Century Within 300 days of effective date. <br /> Theatres/Syufy Enterprises an executed lease <br /> and a commitment to discontinue all cinema <br /> operations at the Century Park 12 site. <br /> Developer submits lease and commitment <br /> letter to Agency. <br />10 Developer approves the Acquisition Budget Within 90 days following the submittal of an <br /> and makes election to fund; provides executed lease and closure commitment <br /> evidence of debt financing or declaration to from cinema operator. <br /> proceed without debt financing. Developer <br /> provides Letter of Credit (LC) or cash <br /> deposit. <br />I 1 Agency approves developer financing; Within 30 days of developer providing the <br /> Board authorizes written offers to property LC for Acquisition Budget. <br /> owncrs. <br />12 Agency staff makes written offers to owners, Within 10 days of Agency Board approval, <br />13 Agency/property owner's complete Within 45 days of written offers to property <br /> negotiations; Agency calls on LC or cash owners. <br /> <br /> <br />