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TABLE OF CONTENTS <br /> <br /> Page <br /> <br />1. INTEREST OF DEVELOPER ..........................................................................................3 <br />2. EFFECTIVE DATE AND TERM .....................................................................................3 <br /> <br /> 2.1 Effective Date ........................................................................................................3 <br /> 2.2 Term .......................................................................................................................3 <br /> 2.3 Extension of Term Upon Legal Challenge ............................................................3 <br /> 2.4 Term of Subdivision Maps, Existing Approvals and Permits ................................3 <br /> <br />3. VESTED RIGHTS TO DEVELOP AND USE THE PROPERTY ................................... 4 <br /> 3.1 Right to Develop ....................................................................................................4 <br /> 3.2 Permitted Uses .......................................................................................................4 <br />4. APPLICABLE RULES, REGULATIONS AND OFFICIAL POLICIES ........................ 4 <br /> <br /> 4.1 Rules re Permitted Uses .........................................................................................4 <br /> 4.2 Uniform Codes Applicable ....................................................................................4 <br /> 4.3 New Rules and Regulations ...................................................................................4 <br /> <br />5. CITY APPROVALS ..........................................................................................................5 <br /> <br /> 5.2 Timing of Development .........................................................................................6 <br /> 5.3 Initiative Moratorium Not Applicable ...................................................................6 <br /> 5.4 Processing During Third Party Litigation ..............................................................7 <br /> <br />6. SUBSEQUENTLY ENACTED OR REVISED FEES, ASSESSMENTS AND <br /> TAXES ...............................................................................................................................7 <br /> <br /> 6.1 Developer to Pay Current Fees ..............................................................................7 <br /> 6.2 New Taxes .............................................................................................................7 <br /> 6.3 Assessments ...........................................................................................................7 <br /> 6.4 Right to Contest .....................................................................................................7 <br /> <br />7. DEVELOPER'S OBLIGATION TO CONSTRUCT OR FUND <br /> IMPROVEMENTS ............................................................................................................7 <br /> <br /> 7.1 East-West Collector Road ......................................................................................7 <br /> 7.2 Sewer and Water Infrastructtu'e .............................................................................7 <br /> <br />8. AMENDMENT OR CANCELLATION ...........................................................................8 <br /> <br /> 8.1 Modification Because of Conflict with State or Federal Laws ..............................8 <br /> 8.2 Amendment by Mutual Consent ............................................................................8 <br /> 8.3 Cancellation by Mutual Consent ............................................................................8 <br /> <br /> -i- <br /> <br /> <br />