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Exhibit 2 <br /> Annual Progress Report <br /> A. The applicant, successors, or assigns shall be responsible for complying with all of <br /> the stated conditions of the approval; <br /> • The subject parcel was purchased as a"partnership"in 2008. With the downturn of <br /> the economy, one of the partners were unable to continue and withdrew from the <br /> partnership; Mr. Correa bought out that portion of the property. In 2012,the other <br /> partner was also forced to withdraw from the partnership. Again, Mr. Correa bought <br /> out the other portion of the property. With the partnership dissolved,the subject . <br /> parcel was put solely in the Correa Trust. <br /> • Due to the economy's effect on the partnership, conditions were unable to be <br /> addressed or completed. However, Mr. &Mrs. Correa are requesting an amendment <br /> to the ordinance to allow for an extension of time for the performance of conditions. <br /> • After having resolved the previous partnership issues and granted another extension <br /> for the rezoning ordinance, Mr. and Mrs. Correa began making improvements to the <br /> property. Unfortunately, around the same time as Mr. and Mrs. Correa were granted <br /> the extension, they had already started or were about to start other projects. Many of <br /> which had time requirements mandated by the financial institutions involved in <br /> funding those projects. This made any real progress on the project very difficult both <br /> financially and time wise.Now that Mr. and Mss. Correa have finished all other <br /> projects and are free from those time and financial burdens,they are ready to move <br /> forward with the subdivision. <br /> B. The required water commitment payment shall be submitted to the Department of <br /> Water Supply in accordance with its "Water Commitment Guidelines Policy" within <br /> ninety days from the effective date of this amendment; <br /> • A water commitment payment was submitted to the DWS but has since expired. <br /> Another water commitment will be submitted with the approval of the requested <br /> amendment. <br /> C. Final Subdivision Approval of the proposed subdivision development shall be <br /> secured within seven(7)years from the effective date of this amendment, October 9, <br /> 2013; <br /> • After having resolved the previous partnership issues, Mr. &Mrs. Correa began <br /> making improvements to the property. Those improvements include grading and <br /> prepping of the lot(permit# 5960) and stockpiling (permit#5961). Around the time <br />