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Schedule for Bel-Rae Redevelopment i <br /> Date Action Outcome <br /> April 22, 1996 EDA consideration of 90-day Purchase Option Approved per EDA <br /> with Tony and Dolores Jambor Res. No. EDA45 <br /> April 26, 1996 1. Potential City programs delivered to Architect. Completed <br /> (Mary/Chuck) 2. Zoning Requirements/Parking and Landscaping <br /> (Joyce) requirements to Architect. <br /> April 26, 1996 Negotiate Participation in Option\Tentative Completed <br /> (Cathy) Developer Agreement with V.B.Digs. <br /> April 26, 1996 Agreement with Architect for preliminary plan Completed <br /> (Cathy,Chuck) options signed by the EDA Exec. Dir. <br /> April 29, 1996 Approval and Signature of Final Option <br /> (Cathy) Agreement <br /> May 3, 1996 Potential School District programs/space needs <br /> delivered to Architect. <br /> May 3, 1996 PreliminaryFinancial and • <br /> Business Structure <br /> (Digs) Delivered to City by V.B. Digs (include Duluth <br /> Agreement and Structure) <br /> May 8, 1996 Preliminary Plan delivered to the City by the <br /> (WA) Architect for review <br /> May 13, 1996 Preliminary Use Plans reviewed by the EDA <br /> (Meeting) <br /> May 10, 1996 Financial Data, Market Value, Construction Costs, <br /> (Digs, Business Plan, Investor Team etc. delivered to <br /> Springstead) Springstead by V.B. Digs/Architect. <br /> May 17, 1996 Financing Pro-forma and options for structuring <br /> (Springstead) an agreement with V.B. Diggs completed by <br /> Springstead. <br /> May 22, 1996 Review of School District Participation and Learn <br /> (Temali) about City/Volleyball Redevelopment of the Bel- <br /> Rae site with the Community Connections <br /> Committee. <br /> I I I <br />