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• <br /> • <br /> CONSTRUCTION SCHEDULE <br /> RECIPIENT MUST INDICATE THE MONTH AND YEAR THESE BENCHMARKS WILL BE COMPLETED <br /> WITHIN THE TERM OF THE AWARD <br /> { <br /> Effective date August 31,2018 <br /> • Expiration date December 31,2018 • <br /> • <br /> ACTIVITY Percentage <br /> Percentage of funds drawn on November 1,2018 <br /> Recipients will be required to explain the cause of any delay(s)and provide a detailed timeline:Not meeting these <br /> benchmarks could result in de-obligation of funds and will be taken into consideration on future applications with a possible <br /> deduction of points. Meeting or exceeding benchmarks will be taken into consideration with possible bonus points <br /> • <br /> • <br /> • <br /> 9 i <br /> CDBG-D CITY OF SOUTH BEND DR2OR 018-003 <br /> Page 19 of 24 <br /> Recapture <br />