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<br /> <br />EXHIBIT C <br />Project Plan <br />The Developer will complete the following work in accordance with the terms and <br />conditions of this Agreement and in compliance with all applicable laws and regulations: <br />The Developer will redevelop Developer Property into a hospitality and entertainment <br />setting and transform a formerly underutilized site into a vibrant public destination. The <br />Developer plans to complete the project in the following two phases: <br />Phase 1 <br />• Demolition of structures at 319 North Hill Street (Parcel Key No. 71-08-01-453- <br />008.000-026) and 529 East LaSalle Avenue (Parcel Key No. 71-08-12-201- <br />006.000-026); <br />• Site preparation and general site cleanup; and <br />• Renovation and adaptive commercial reuse of real property located at 321 North <br />Hill Street (Parcel Key No. 71-08-01-453-007.000-026). <br />Phase 2 <br />• Redevelopment of existing real property located at 501 East LaSalle Avenue <br />(Parcel Key No. 71-08-12-201-001.000-026) to be used commercially as a <br />commissary kitchen, parking lot, and central trash facility; <br />• Renovation of existing real property located at 523 East LaSalle Avenue (Parcel <br />Key No. 71-08-12-201-005.000-026); <br />• Development of a formal entryway into The Yard, which will include storage space, <br />an office, and restrooms totaling approximately one thousand eight hundred (1,800) <br />square feet; <br />• Construction of a two-story pavilion of approximately six thousand (6,000) square <br />feet with restrooms, an assembly kitchen, and a retail establishment, such as a bar; <br />• Construction of an approximately fifteen thousand (15,000) square foot concert <br />lawn with bandshell; <br />• Construction of other outdoor amenities including fire pits and an approximately <br />two thousand two hundred (2,200) square foot playground; and <br />• Installation of decorative fencing and landscaping.