1. EC II SLC Update July 2017 Q2 Project Update
Project Team meets bi monthly
Updated FAQ’s posted on Church Website and at Welcome Center
Held Favorable meeting with Lakeview Gardens Association
EC II Project Rendering and site layout board will be installed at Welcome Center – Mid August
EC II Project projected to close on October 2, 2017
Ground Breaking budget $6K (pending)
Ground Breaking Ceremony Scheduled for October 8, 2017
City Council approved 100%, 25 year Tax Abatement application - complete
7/26/17
SWC
Overall the project is going good
Issues on property easement, water lines ,and 79th street repairs are being worked with a favorable outcome expected

2. EC II SLC Update July 2017 Q2 On-going Activities
Plat application pending approval - submitted 6/30
CPC / 353 Blight/UR approval - meeting Aug 15 meeting
MHDC Firm Commitment approval pending – submitted 7/19
AHAP tax credits pending Legislative authorization, projected mid Sept 2017
Submit application for AHAP tax credits – October 2017
Submit Final Project file to US Bank for approval/ closing date
7/26/17
SWC

3. EC II SLC Update July 2017 Q2 Construction /Rent-Up Activities
Double Diamond Construction and Development, LLC selected as project General Contractor 6/30
General Contractor to start Sub contractor bids process – August 2017
MBE/WBE achieving establish goals (professional services)
Construction planned start - October 2017
Construction duration 14 months - Sept 2018
Initiate Pre Rental Application process - Nov 2017
Start Rental Applications process - March 2017
7/26/17
SWC
7/20/17
SWC Sr