| TASKS | COMPLETE |
| Project Phase | |
| Engagement of Architect - RFP | Month 1 |
| Design Plans Submitted by Architect | Month 2 |
| Site Plan Approved by Town | Month 2 |
| Bid Project to Contractors | Month 3 |
| Phase 1 Environmental Site Assessment Completed | Month 3 |
| Survey and/or Title Work Completed | Month 3 |
| Financing Phase | |
| Retain Counsel (undertake preliminary tax and environmental diligence) | Month 1 |
| Board Reimbursement Resolution (may allow reimbursement of costs incurred 18 months prior to issuance) | Month 1 |
| CHEFA Application | Month 2 |
| Draft Appendix A | Month 2 |
| Conduct RFP with CHEFA for | Month 3 |
| A. Investment Banker/Private Placement Agent | |
| B. Letter of Credit Provider | |
| Complete Tax Questionnaire (relates to project eligibility for tax-exempt financing) | Month 4 |
| Prepare Legal Documents | Month 4 |
| Official (Offering) Statement/Private Placement Memorandum | Month 4 |
| CHEFA Board Approval | Month 5 |
| Structure and Pre-Market Bond Issue | Month 5 |
| Pricing | Month 6 |
| Closing | Month 6 |
