-
Period: to
EIR
City Council voted to go forward with EIR on January 19, 2016. -
Period: to
Capital Campaign Fundraising
-
Period: to
Parking Structure Design Phase
-
Sign MOA
Hypothetical date -
Period: to
Parking Structure Construction
-
2/3 funds raised
MOA states SLOLT must raise two thirds of the estimated required funding within 3 years of the agreement. -
100% of funds in hand or pledged.
MOA requires 100% of the estimated required funding, including a contingency of 20%, must be available as cash or guaranteed financing that is acceptable to the City’s Finance Director to prior to the start of construction; AND, MOU requires that our fundraising plan will include at a minimum a timeline with milestones that are required to be met no later than 1 year from the estimated completion of the Palm Nipomo Parking structure. -
New theatre construction completed.
Draft MOA states that construction must be complete within 3 years of completion of the parking structure.