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AgdaPkt 2013-07-22
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AgdaPkt 2013-07-22
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Last modified
8/23/2013 5:12:30 PM
Creation date
7/19/2013 3:15:07 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Regular
Agency Type
City Council
Date
7/22/2013
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7.A. - Page 205 <br /> EXHIBIT "D" <br /> TO <br /> DISPOSITION AND DEVELOPMENT AGREEMENT <br /> PERFORMANCE SCHEDULE <br /> A. Days shall be calendar days, unless otherwise specified. <br /> B. The City Manager is authorized by the City to make minor changes to the <br /> schedule prior to the Proj ect Completion Date resulting in an aggregate extension of the Proj ect <br /> Completion Date of one hundred twenty (120) calendar days or less. <br /> C. In the event of any conflict between this Schedule and the Agreement, the terms <br /> and provisions of the Agreement shall control. <br /> D. All defined terms indicated by initial capitalization used in this schedule shall <br /> have the meanings ascribed to the same terms in the Agreement. <br /> E. In the event City disapproves any of Developer's required submissions, it shall <br /> specify the reasons in writing for its disapproval and the Performance Schedule shall be extended <br /> in accordance with the time required for the Developer to revise and resubmit such plans (as <br /> applicable) and for the City to render a decision on Developer's resubmission. <br /> ACTION DATE <br /> 1. Execution and Deliverv of A�reement bX Seven (7) days prior to City Council <br /> Developer. The Developer shall execute consideration of the DDA and Proj ect. <br /> and deliver this Agreement to the City. <br /> 2. Execution of A�reement bv City. The Within 14 days after City Council approval. <br /> City Council shall hold a public hearing <br /> to authorize execution of this Agreement <br /> by the City, and if so authorized, the City <br /> shall execute and deliver this Agreement <br /> to the Developer. <br /> 3. Deposit. The Developer shall deliver the Prior to or simultaneously with execution of <br /> Deposit to the City. this Agreement by the City. <br /> 4. Openin� of Escrow. The City shall open Within 5 days after execution of this <br /> an escrow for conveyance of the City Agreement by the City. <br /> Property to the Developer. <br /> 5. Escrow Deposit. The Developer shall Within 5 days after the opening of Escrow. <br /> deposit the Escrow Deposit with the <br /> Escrow Agent. <br /> E�ibit "D" <br /> Performance Schedule <br /> Page 1 <br /> 82483.00009\7571312.11 <br /> ATTY/AGR/2013.118/BLOCK 2 HUNTER STORM <br /> REV: 07-19-13 PT <br />
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