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B. PROJECT FINANCING Receipt of All Funding Commitments Necessary to Complete Not later than thirty (30) days Construction of the Improvements. Developer shall use its best before Construction Close. and good faith efforts to secure irrevocable funding commitments from TCAC, Senior Lender, and other available funding sources which when combined with the Loans shall equal no less than the total cost to construct the Improvements, as set forth in the approved Project Budget. Developer shall submit such commitments to City for review. 2. Approval of Developer's Evidence of Financing. City must Not later than twenty (20) approve Developer' s evidence of financing as required by business days after receipt of a the Agreement, complete submittal from Developer C. CONSTRUCTION OF IMPROVEMENTS 1. Management Plan. Developer shall submit its proposed No later than (30) business days Management Plan to City for review and approval. before construction close, 2. Approval of Management Plan. City shall review and approve, Within fourteen (14) days of approve with conditions, or disapprove the Management Plan. receipt of submittal from Developer. 3. Revision to Management Plan. Developer shall revise Within fourteen (14) days of Management Plan if conditionally approved or disapproved by receipt of disapproved City. Management Plan from City. 4. Approval of Revised Management Plan. City shall review and Within fourteen (14) days of approve, approve with conditions, or disapprove revised receipt of a complete submittal Management Plan. of revised Management Plan from Developer, but not later than 120 days prior to project completion. 5. Commencement of Construction of the Improvements. No later than January 1, 2019 Developer shall cause the Construction of the Improvements to be commenced by Contractor. 6. Completion of Construction of the Improvements. Developer On or before November 1, 2020 (subject to shall complete all work of the Construction of the extension by City based upon substantial Improvements. progress toward completion of construction by Developer).