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for which a public access easement is to be granted. The City acknowledges that such <br /> improvements are eligible for credit, as provided in Municipal Code §3.22.060,towards City <br /> Public Facility Fees otherwise due for the Project. <br /> The total cumulative amount of Traffic Development Fee and Public Facility Fee credits shall <br /> not exceed Five Hundred Thousand Dollars ($500,000.). Credits for qualified improvements <br /> shall be determined in the reasonable discretion of the City's Community Development Director, <br /> appealable to the City Manager. <br /> 4.2 Sales Tax Origin. <br /> Developer shall insert a contract provision in all of its contracts with general contractors and/or <br /> architects as applicable, requiring the general contractor and/or architect and their subcontractors <br /> to designate the City of Pleasanton as the point of sale and/or place of use of any materials <br /> purchased for the development of the Project. Developer shall comply with all requirements as <br /> set forth in Exhibit C. <br /> SECTION 5. CITY OBLIGATIONS <br /> 5.1 Vested Right to Develop the Project. <br /> (a) Vested Entitlements and Project Approvals. <br /> Except as specifically set forth herein, as of the Effective Date, Developer shall have the vested <br /> right to develop the Property in accordance with the Project Approvals, any Subsequent <br /> Approvals, and the "Existing Rules." Existing Rules include the City's General Plan,the City's <br /> Municipal Code, and all other adopted City ordinances, resolutions, rules, regulations, guidelines <br /> and policies in effect on the Effective Date. <br /> (b) Processing Subsequent Approvals. <br /> The Parties acknowledge that in order to develop the Project on the Property, Developer will <br /> need to obtain City approval of various "Subsequent Approvals." "Subsequent Approvals" <br /> include any and all land use, environmental, building and development approvals, entitlements <br /> and/or permits granted by the City after the Effective Date to develop and operate the Project on <br /> the Property, including, without limitation, amendments or other modifications to any Project <br /> Approvals; boundary changes; tentative and final subdivision maps, parcel maps and lot line <br /> adjustments; subdivision improvement agreements; design review; conditional use permits; <br /> Building Permits; grading permits; encroachment permits; Certificates of Occupancy; formation <br /> of financing districts or other financing mechanisms; and any amendments thereto <br /> (administrative or otherwise). For any Subsequent Approvals proposed by Developer, Developer <br /> shall file an application with City for the Subsequent Approval at issue in accordance with the <br /> Existing Rules, and shall pay any applicable Regulatory Processing Fees as are in effect at the <br /> time of the application. Provided that such application(s) are in a proper form and include all <br /> 9 <br />