Laserfiche WebLink
(viii) result in negative impacts that frustrate or unduly burden <br />development of the Property, or any portion thereof, authorized by the Project Approvals. <br /> <br /> (d) If any federal or state law or regulation, made or enacted after the Date of <br />Execution prevents or precludes compliance with one or more provisions of this Agreement, then <br />the provisions of this Agreement shall, to the extent feasible, be modified or suspended as may <br />be necessary to comply with such new law or regulation. Immediately aider enactment or <br />promulgation of any such new law, City and Property Owner shall meet and confer in good faith <br />to determine the feasibility of any such modification or suspension based on the effect such <br />modification or suspension would have on the purposes and intent of this Agreement. Property <br />Owner and/or City shall have the right to challenge any new law or regulation preventing <br />compliance with the terms of this Agreement, and in the event such challenge is successful, this <br />Agreement shall remain unmodified and in full force and effect and the term of this Agreement <br />shall be extended for the duration of the period during which the successfully challenged new <br />law or regulation precluded compliance with the provisions of this Agreement. <br /> <br /> (e) The Project shall be subject to payment of a public facilities fee and a <br />ilaffic development fee as follows. Subject to the "Fee Cap Term" (as hercinaf~er defined), the <br />maximum public facilities fee and the maximum traffic development fee that may be imposed on <br />the Project shall be in accordance with City of Pleasanton Ordinance Nos. 1764 and. 1765 and <br />Resolution Nos. 98-138 and 98-139. The Project will be subject to annual inflation adjustments <br />of such fees, but shall not be subject to any increases in the amount of said fees based upon trip <br />rote increases or additional facilities and/or traffic improvements upon.which said fees are based. <br />Accordingly, the trip rates and the scope of the facilities and/or traffic improvements shall be <br />based on the trip rates and scope of the facilities/improvements set forth in the September, 1998 <br />Development Impact Report. <br /> <br /> (f) Except as otherwise provided in this Agreement, and specifically <br />excluding fees set by entities not controlled by City that are collected by City, for a period of five <br />(5) years following the Date of Execution (the "Fee Cap Term"), City shall only charge and <br />impose those fees and exactions, including, without limitation, dedications and any other fee or <br />tax (including excise, construction or any other tax) relating to development or the privilege of <br />developing, which are in effect on a City-wide basis as of the Date of Execution. This Section <br />shall not be construed to limit the authority of City to charge normal and customary application, <br />processing, and permit fees for land use approvals, building permits and other similar permits, <br />which fees are designed to reimburse City's expenses attributable to such application, processing <br />and permitting and are in force and effect on a City-wide basis at such time as said approvals and <br />permits are granted by City. If the term of this Agreement is extended, for any reason, pursuant <br />to the provisions of this Agreement, the Fee Cap Term shall also be extended; provided, <br />however, in no event shall the Fee Cap Term be extended for a cumulative total in excess of two <br />(2) yea~s. <br /> <br /> (g) No City-imposed moratorium or other limitation (whether relating to the <br />rate, timing or sequencing of the development or construction of all or any part of the Property, <br />whether imposed by ordinance, initiative, resolution, policy, order or otherwise, and whether <br />enacted by the City Council, an agency of City, the electorate, or otherwise) affecting parcel or <br />subdivision maps (whether tentative, vesting tentative or final), building permits, occupancy <br /> <br />~5690/849375v5 ' ? ' 0~/0~./00 <br /> <br /> <br />