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DRAFT <br /> (SUBJECT TO REVISION) <br /> City of New Brighton <br /> New Brighton Exchange Development <br /> APi Group Expansion-Proposed Timeline 2013 2014 2015 2016 2017 2018 <br /> Activity Winter Spring Summer Fall Winter Spring Summer I Fall Winter Spring Summer Fall Winter Spring I Summer Fall Winter Spring Summer Fall Winter Spring Summer Fall <br /> Initiate Term Sheet discussions with APi -„_„_=„__—__„-__„.—____—_ _ _ _ ____„__-__-- _______._______ _ <br /> City furnishes all background data to APi on site. -»-„ =� ^^.--__— —:—_ —_—=:�---.—W_..._»__„.—:�__W_�__ :— �--_ __-. _.._._____„_:_.____�_„ :__.__._:—.�—_—....._____._..__..--„ ._______„_._____. <br /> Review propose Term Sheet with EDC and City Council - - _ _ _�-_- <br /> City identifies land use approval process and zoning code policy changes(if any). ___--� — »— w— — ""—"-----_'—' "' -=- ------------„------- '"""" --------_-_________—-- .-___.__—_— -- <br /> ------------ <br /> APi begins due diligence work(90 days to complete). -----�-- ....._._________—.. <br /> Negotiations start on Contract for Private Redevelopment _—_„_„------- ------------—__—._._.._ —-- — - — -__.—____„. �.— <br /> Finalize contract issues. „-_ — —"' __.._...»......_—_. __-___---__—_-________---__„_..�_______—_ --- -„-_-_-:______= -------- �_.__—_ <br /> • <br /> APi continues to make PILOT for 9,000 SF building. _____=— „ "-"YB�"—' -„„---„--___-------------------------.________-------„„__-____--_r_---_ ------- — -_----._„._-_-- -------- „„„_„-„_„__„�_�„: <br /> APi finalizes site plan design and land use applications for City review. <br /> Cityprovides all land use approvals -_� -____- -„____.»_.„ _-_-__.._-. _ _ __ __„„„_- -""' ___—�_-. .»_»_�____„._„.-_.—____— __—_ _____.- <br /> APi finalizes construction plans and bidding of work „„� - - „"—' :� „ -— ---_ '-'--'_ _ ------_...-_._____ ..._ =__________-.„_..» -__:._ __ <br /> City and APi close on sale of land Development Parcel(Phase 1) — „---------------------..._._.»___ —____„._..___ <br /> APi makes payment for Option Parcel. T66 <br /> i submits construction plans for building permit --_-„»�_��_� --------= <br /> i breaks ground on 45,000 SF building(construction 18 months). 31111111111 <br /> APi deadline for closing on Option Parcel(Phase 2) TBD <br /> APi breaks ground on 30,000 SF building(construction 18 months). TBD _ -„-- - „.„ _ r„„__„, -------------- ---------- ____ —„„„— <br /> H:WPi&Pulte Timeline(2013-2018).xls <br />