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Section 2.1 Vested Right To Develop. Developer shall have a vested right to <br /> develop the Project at the Project Site in substantial conformance with the terms and conditions <br /> of the Project Approvals,the Subsequent Approvals (defined in Section 4.4 below) (as and when <br /> issued), the Applicable Law(defined below) and any amendments to the Subsequent Approvals <br /> or this Agreement as shall, from time to time,be approved pursuant to this Agreement. <br /> Notwithstanding anything to the contrary in this Section 2.1, in the event of a judicial action that <br /> results in a writ of mandate or court order that requires the City to modify or rescind the <br /> Development Plan, Developer shall have no vested right to the Development Plan and the City <br /> shall retain discretion as to the manner it complies with such writ of mandate or court order, <br /> including reapproving, modifying, or denying approval of the Development Plan. Furthermore, <br /> in the event that Ordinance adopting the Development Plan is challenged by a referendum <br /> petition, and such petition qualifies for the ballot, such vested right to develop the Project shall <br /> be suspended pending the results of the election upon the ballot measure. If the voters do not <br /> reject Ordinance , then this vested right to develop the Project shall no longer be <br /> suspended. If the voters reject Ordinance ,then this vested right to develop the Project <br /> shall no longer be in force and effect. <br /> Section 2.2 Permitted Uses. The permitted uses and the density and intensity <br /> of use of the Project Site; the maximum height, bulk and size of the proposed moldings; <br /> provisions for reservation or dedication of land for public purposes and the location of public <br /> improvements; the general location of public utilities; and other terms and conditions of <br /> development applicable to the Project, shall be as set forth in the Project Approvals and any <br /> Subsequent Approvals (but not in any limitation of any right to develop as set forth in the Project <br /> Approvals). <br /> Section 2.3 Applicable Law. "Applicable Law" shall mean, collectively, the <br /> Project Approvals and the other existing(as of the Effective Date) City laws,rules, regulations, <br /> official policies,standards and specifications governing development of the Project Site <br /> (including but not limited to the Zoning Ordinance,Growth Management Ordinance, General <br /> Plan, and design and construction standards)in force and effect on the Effective Date. During <br /> the Term;to the extent there are any conflicts between the Project Approvals (including but not <br /> limited to conditions to any of the Project Approvals) and this Agreement, the terms and <br /> conditions of this Agreement shall govern. Further, the parties further acknowledge that the <br /> GMA, once approved, is a vested element of this Agreement,notwithstanding subsequent RHNA <br /> cycles, or existing timing provisions or subsequent changes to the City's Growth Management <br /> Ordinance (the "GMO") Further, during the Term, to the extent there are any conflicts between <br /> the GMA and the GMO,the terns and conditions of the GMA shall govern. <br /> This section shall not preclude the application to development of the Project or Project <br /> Site of changes in Applicable Law, the terms of which are specifically mandated and required by <br /> changes in State or Federal laws or regulations. In the event State or Federal laws or regulations <br /> enacted after the Effective Date of this Agreement or action by any governmental jurisdiction <br /> other than the City prevents or precludes compliance with a provisions of this Agreement or <br /> requires changes in plans, maps or permits approved by the City,this Agreement shall be <br /> modified, extended or suspended as may be necessary to comply with such State or Federal law <br /> or regulation or the regulation of such other governmental jurisdiction. <br /> 4 <br />