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timeline for completing tasks within the overall Project budget, shown below, and shall timely provide updated performance schedules reflecting any changes as they become known. Kottinger Gardens — Phase I Proposed Uses of HOME Funds Description Budget Appraisal $10,000 Market Study $7,500 Architectural Design $181,280 Architectural Reimbursables $3,000 Civil Engineering $75,000 Joint Trench Engineering $32,000 Pre -Construction Management/Estimating $32,000 Value Engineering $15,000 Waterproofing Consultant $5,000 Legal - Organization $5,000 HUD Disposition $15,000 Financial/Syndication Consultant $32,500 Tax Credit Fees $2,000 Permits & Fees $10,000 Relocation Expenses $5,000 CONTINGENCY $19, 720 TOTAL: $450,000 City and Contractor understand that the above -referenced costs are estimates and subject to variability. Should there be a substantial change in work scope activities and/or estimated costs (defined as a 10% +/- variance in line item cost estimate), Contractor shall inform City in writing for City review and approval. In the event of uncertainty, City will make the determination of substantial change. Unless otherwise noted herein, funding is provided in the form of a loan in accordance with terms described below. Funding provided in this agreement is from the City's allocation of federal HOME funds from Alameda County Housing and Community Development for fiscal years 2009/10 through 2014/15. 2. HOME Match Contribution. For housing projects receiving HOME assistance, prior to the start of construction, Contractor shall provide City with written information confirming the type and amount of HOME match contribution that will satisfy the 25% HOME Program match contribution requirement as described in HOME regulations 24 CFR 92.218 through 92.222. No later than City project close-out, Contractor shall provide documentation that it has met the 25% HOME match contribution requirements. A-2 191\52\1543377.4