AF EVANS DISPOSITION AND DEVELOPMENT OF LAND 1992

VII. Development Schedule A. Attached as Exhibit "C" and incorporated herein by reference is a Development schedule which establishes a time frame for all phases of project planning, design and development. Developer shall pursue the Development in accordance with the attached schedule. Developer shall notify the City within 10 days after the conclusion of every planning, design and construction phase, as indicated on Exhibit "C", whether or not the appropriate phase has been completed. In -the event that any work is not completed in accordance .with the attached schedule, Developer shall provide to the City written justification for the delay and a revised development schedule for approval. In the event delay is due to acts of God, fire, flood, earthquake, labor strikes and any other cause reasonably beyond the control of the Developer, the time for performance as set forth in Exhibit "C" shall be accordingly extended proportionately. VIII. Default. A. If the City makes a finding that Developer has not complied in good faith and in a material respect with the terms and conditions of this Agreement, the City shall pmvide written notice to Developer describing (i) such failure to comply with the terms and conditions of this Agreement (referred to herein as a "Default"), and (ii) the Agreement for Disposition and Development of the Land for Private Development -December 1, 1992 Page 8