CCP 04-08-2002 - Laserfiche WebLink

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MAR-t9-2002 13:34 COMMUN II Y DEV 6129242653 General Business Terms of Preliminary Development Agreement (PDA) with TOLD Development Company Schedule The Developer will use its best efforts to complete the following tasks by the following dates: I) by August 15,2000, submit a feasibility analysis of the development including, at a minimum analysis of: :P functionality >- preliminary cost estimates ~ preliminary financing approach and gap analysis (showing the amount and form of public subsidy) " preliminary phasing plan and related components )> retail/officefhollsing mix >- suggested modifications of the master site plan, as necessary to make the plan feasible and identification of other issues. 2) by September I, 2000, request City to inItiate any necessary comprchensive plan changes and rezonings, conditioned on the parties' mutual agreement to proceed. 3) by October 2, 2000, submit to the Authority a final feasibility analysis that refines the analysis submitted under clause (I) above; and the parties commence negotiation of a final development agreement. 4) by December 1,2000, submit to the Authority a detailed schematic design for Park Commons East, including site plan, buildings, infrastmcture, and preliminary phasing plan; and submit preliminary plat documents and application for planning approvals (including preliminary PUDlo 5) by December 18, 2000, the parties must have agreed to the following ).> status of retail leasing and the office component, evidencing feasibility of the development. ~ final phasing plan " final financing approach ).> final comprehensive Contract 6) By February 15,2001, Developer has completed design development and pricing c;xercise for the first phase, and has initiated final planning approvals (including final PUD) for the first phase. P:02 . . .