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EXHIBIT C <br />Project Plan <br />The Developers 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 Developers will complete the rehabilitation of the property known as City Center <br />Plaza, including, but not restricted, to: <br />■ Rehabilitation of ground floor for commercial use; and <br />• Rehabilitation of the second and third floors as a hotel or office space. <br />The Developers will complete the work contemplated herein in accordance with the terms <br />and conditions of this Agreement and in compliance with any and all necessary approvals <br />and procedures required South Bend Municipal Code, as well as all other applicable laws <br />and regulations. <br />The structures will be considered complete upon the issuance of Certificates of Occupancy <br />for all three floors. <br />15 <br />