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April 1, 1985 Completion of all Minimum Improvements on Phase III <br /> (one year Phase I. <br /> and 150 days) May 24, 1983 Signing of Redevelopment Contract <br /> Phase II November 30, 1983 Redeveloper gives written authorization for <br /> (226 days) acquisition of Phase III by Agency, or <br /> May 24, 1983 Signing of Redevelopment Contract gives statement of reasons for deferring <br /> acquisition. <br /> June 30, ,1983 Redeveloper, or a non-profit entity which <br /> (36 days). ' has contracted with it, applies to HUD for December 31, 1984 Latest date for written authorization by <br /> 202 fund reservation. (One year and Redeveloper for acquisition.by Agency. <br /> 30 days) <br /> November' 30, 1983 'Redeveloper giver written authorization for <br /> (•180 days) acquisition of : iase II by Agency, or gives December 31, 1986 Redeveloper submits to City.PUD applica- <br /> statement of re= sons for deferring (2 years) tion and Concept Plan.and application for <br /> acquisition plat approval. <br /> December 31, 1984 Latest for written authorization by Redeveloper submits Construction Plans to <br /> (One year and Rede,• jper for acquisition by Agency. (60 days) Agency. <br /> 30 days) <br /> Redeveloper submits Mortgage commitment to <br /> 120 days after Redeveloper submits to City PUD applica- (30 days) Agency. <br /> authorization tion and Concept Plan and application for <br /> to acquire plat approval. Closing of sale of Phase III to <br /> (30 days) Redeveloper. <br /> Redeveloper submits Construction Plans to <br /> (60 days) Agency. Commence construction of Minimum Improve- <br /> (30 days) ments on Phase III. <br /> Redeveloper submits Mortgage commitment to <br /> (30 days) Agency. Complete construction of Minimum Improve- <br /> (18 months) ments on Phase III. <br /> Sale of Bonds. <br /> (30 days) <br /> Closing of sale of Phase II to Redeveloper. <br /> (30 days) <br /> I . <br /> Commence construction of Minimum Improve- <br /> (60 days) ments on Phase Ii. <br /> Complete construction of Minimum Improve- <br /> (18 months) ments on Phase II. <br />