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HUD Section 108 Loan Guarantee Program Application for Senior Center Applicant: City of San Leandro 6. Proiect Implementation Below is the estimated project schedule: • July 2008 -Council approved general contractor, Alten Construction, for Phase 2 (new construction) of the senior center project after open and competitive bid process • October 2008 -start of construction including site demolition, subgrade preparation and undergrounding utilities • Spring 2009 -pouring concrete slab and installing structural steel frames for the senior center • Summer 2009 -City, which has been using other fundings sources for Phase 2 (see "Sources and Uses" above), will need Section 108 loan funds by this summer preferably by end of July if feasible. • Fa112009 -exterior of senior center expected to be completed • Winter 2009-2010 -begin interior work on senior center • Spring 2010 -anticipated completion of construction with grand opening in June or July 2010. 7. Eligible Activity Construction of the City senior center (Phase 2) is eligible under 24 CFR (Code of Federal Regulations) Section 570.703(1), which states "Acquisition, construction, reconstruction, rehabilitation or historic preservation, or installation of public facilities...." 8. NationalObiective The senior center, including Phase 2, meets the following national objective under the CDBG Program regulations: "Activities benefitting low- and moderate-income persons" The senior center specifically meets 24 CFR 570.208(a)(2)(i)(A) under CDBG regulations which defines seniors as presumed to be "principally low and moderate income persons". 9. Public Benefit Standards Not applicable as the senior center is not a proposed eligible special economic development activity (set forth at 24 CFR 570.703(I)(1) or (2)).