Laserfiche WebLink
EXHIBIT `B" <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 schedule <br />prior to the Project Completion Date resulting in an aggregate extension of the Project Completion <br />Date of ninety (90) calendar days or less. <br />C. All specific dates set forth in parentheses in this schedule are estimates only and <br />not binding on the Parties. <br />D. In the event of any conflict between this schedule and the Agreement, the terms and <br />provisions of the Agreement shall control. <br />E. All defined terms indicated by initial capitalization used in this schedule shall have <br />the meanings ascribed to the same terms in the Agreement. <br />L GENERAL PROVISIONS <br />FUNCTION <br />TIME OF PERFORMANCE <br />1. <br />Execution of Disposition and <br />Within fourteen (14) days after the approval of <br />Development Agreement by the <br />the Agreement by City Council following <br />City. The City shall execute this <br />receipt by City of two copies executed by <br />Agreement, and if approved, shall <br />Developer. <br />deliver two (2) executed copies <br />thereof to the Developer <br />2. <br />Property Investigation. The City <br />Within 30 days after execution of this <br />shall transmit to Developer all <br />Agreement. <br />information in the City's possession <br />with respect the environmental and <br />physical condition of property. <br />3. <br />Letter of Interest from Hotel <br />Within 120 days after execution of this <br />Operator or provide City with an <br />Agreement, Developer will obtain either a <br />Alternative Management Plan <br />letter of interest from a recognized hotel <br />operator or provide the City with an <br />Alternative Management Plan. <br />4. <br />Submission of Basic Concept <br />Completed. <br />Drawings. Developer submits Basic <br />Concept Drawings to City. <br />5. <br />City Approval or Disapproval of <br />Completed. <br />Basic Concept Drawings. City shall <br />Exhibit `B" <br />Performance Schedule <br />55394.00049\33239203.12 <br />75A-269 <br />