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REVISED DDA SCHEDULE OF PERFORMANCE <br />(June 2022 Revision) <br />Element or 2) Substantial Completion of <br />the Park Element <br />Developer substantially completes improvements <br />Prior to the first to occur: 1) Issuance of a <br />to Pescador Point Drive <br />Certificate of Occupancy for the <br />Multifamily Element or 2) Substantial <br />Completion of the Park Element <br />Developer substantially completes Hotel <br />Prior to the first to occur: 1) Issuance of <br />Promenade <br />Certificate of Occupancy for the Developer <br />Hotel or 2) Issuance of Certificate of <br />Occupancy for the Developer Restaurant <br />Developer substantially completes the <br />Prior to issuance of Certificate of <br />Multifamily Promenade <br />Occupancy for the Multifamily Element <br />Developer substantially completes boat launch <br />Prior to Substantial Completion of the Park <br />relocation <br />Element <br />6. Single Family Element <br />Effective Date <br />Executed July 22, 2020 <br />Opening of Escrow <br />Completed August 13, 2020 <br />Initial Deposit due <br />Completed August 21, 2020 <br />Second Deposit due <br />Completed April 1, 2021 <br />Escrow Holder delivers a Preliminary Title <br />Delivered August 24, 2020 <br />Report for the Property <br />Due Diligence Contingency Date <br />March 31, 2021 <br />Developer submits Initial Application for <br />Completed June 1, 2021 <br />Governmental Entitlements to City <br />City holds public hearing on Application for <br />By July 31, 2022 <br />Governmental Entitlements <br />Developer and City enter into Public <br />Prior to the first to occur of: 1) Approval of <br />Improvement Agreement for Single Family <br />final map for any future residential <br />Element, and Developer submits required security <br />subdivision for the Single Family Element <br />to City <br />or 2) Permit Issuance of Grading Permits <br />