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EXHIBIT B <br />Development Plan <br />Developer proposes to acquire and rehabilitate this property to return it to active use as private <br />parking for a proposed multi -story mixed use building at the East Bank Townhomes site at the <br />corner of Colfax and Sycamore. <br />Developer commits to improve this parking lot to current City standards within the 24 month <br />period following closing. <br />