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iii. Specifically mandated by, or necessary for compliance with <br />or implementation of, the terms of any permit, entitlement, or other authorization necessary for <br />the development of the Property that is issued or granted to City, the County, and/or Developer <br />by any federal, state or regional agency. <br />6. Following any subsequent environmental review, comply with <br />required mitigation measures. <br />C. The Parties agree that the obligations set forth in this Agreement are <br />conditioned upon the approved annexation of the Property into the City of Pleasanton. Upon <br />approval of the Project Approvals by City, City agrees to act in good faith, in collaboration with <br />Developer, to support and timely process the annexation application with LAFCo. The <br />Developer shall be responsible for all costs associated with the annexation, including but not <br />limited to preparation of the LAFCo application, LAFCo application submittal fees, and any other <br />City -related annexation fees. Developer shall prepare the application for annexation of the <br />Property for the City's review and approval no later than three (3) months from execution of this <br />Agreement, unless extended by written agreement of the Parties. Annexation of the Property <br />shall be completed 24 months from execution of this Agreement, unless extended by written <br />agreement of the Parties. City agrees to grant at least one (1) extension of 12 -months if <br />Developer has fully cooperated with City and LAFCo in preparing the annexation application <br />and providing all materials requested by LAFCo to support the application but LAFCo has failed <br />to act on the application. If annexation proceedings are not completed within this time period, <br />subject to any agreed upon extension(s), this Agreement shall be terminated and shall have no <br />further force and effect, subject, however, to the provisions of Sections 6.2, 6.3 and 6.4. <br />Section 3.4 City Development Fees and Exactions. Notwithstanding any <br />provision herein to the contrary and in accordance with and subject to this Article 3, during the <br />Initial Term, Developer shall be responsible for only those types of development impact fees <br />and exactions, and other building permit and development -related fees, which are in effect as of <br />the Vesting Date. Included within attached DA Exhibit D is a complete list of the types of City <br />development impact fees and exactions applicable to the Project at the time this Agreement is <br />entered into (including those set forth below in this Article 3) (collectively, "City Impact Fees"), <br />as well as a complete list of all other building permit and development -related fees applicable to <br />the Project and collectible by City (for City's own account or on account of other agencies as set <br />forth in Section 3.7) (all such other fees collectible by City for its own account are hereinafter <br />referred to collectively as "Other City Fees"). An estimate of all City Impact Fees and Other City <br />Fees in existence at the time this Agreement is entered into is attached as DA Exhibit E. At the <br />time of each building permit issuance, the actual amount of the City Impact Fees and Other City <br />Fees to be paid by the Developer shall be determined in accordance with this Section 3.4. <br />During the Initial Term, Developer shall pay only those periodic cost of living or similarly indexed <br />increases, decreases or adjustments in effect as of the Vesting Date to City Impact and Other <br />City Fees. During the Extended Term, if any, Developer shall pay to City the City Impact Fees, <br />Other City Fees and any applicable new development impact fees and exactions, and other <br />building permit and development -related fees, which are in effect at the time of building permit <br />for each residential unit within the Project. <br />Section 3.5 Inclusionary Housing. Developer shall enter into the AHA, which <br />obligates Developer to construct 18 affordable moderate -income, senior homes within the <br />Project site, as further detailed in DA Exhibit C, and consistent with Municipal Code Chapter <br />17.40. <br />