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Inst 2014153467
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Inst 2014153467
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Last modified
8/6/2014 9:31:36 AM
Creation date
8/6/2014 9:31:33 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
5/21/2014
Recorded Document Type
Development Agreement
Retention
PERM
Document Relationships
Ord 2014-002
(Approved by)
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\City Clerk\City Council\Ordinances\2014
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c. A Future Rule that conflicts with the Vested Elements shall <br /> nonetheless apply to the Property if, and only if(i) consented to in writing by Developer; (ii) it is <br /> determined by City and evidenced through findings adopted by the City Council that the change <br /> or provision is reasonably required in order to prevent a condition dangerous to the public health <br /> or safety; (iii) required by changes in State or Federal law as set forth in Section 2.4.3 below; <br /> (iv) it consists of changes in, or new fees permitted by, Section 2.6; or(v) it is otherwise <br /> expressly permitted by this Development Agreement. <br /> d. Prior to the Effective Date,the Parties shall have prepared two (2) <br /> sets of the Project Approvals and Applicable Rules, one (1) set for City and one(1) set for <br /> Developer. If it becomes necessary in the future to refer to any of the Project Approvals or <br /> Applicable Rules,the contents of these sets are presumed for all purposes of this Development <br /> Agreement, absent clear clerical error or similar mistake,to constitute the Project Approvals and <br /> Applicable Rules. <br /> 2.4.3. Changes in State or Federal Laws. In accordance with California <br /> Government Code Section 65869.5, in the event that state or federal laws or regulations enacted <br /> after the Effective Date ("State or Federal Law")prevent or preclude compliance with one or <br /> more provisions of this Agreement,the Parties shall meet in good faith to determine the <br /> feasibility of any modification or suspension of this Agreement that may be necessary to comply <br /> with such State or Federal Law and to determine the effect such modification or suspension <br /> would have on the purposes and intent of this Agreement and the Vested Elements. Following <br /> the meeting between the Parties,the provisions of this Development Agreement may,to the <br /> extent feasible, and upon mutual agreement of the Parties,be modified or suspended, but only to <br /> the minimum extent necessary to comply with such State or Federal Law. In such an event,this <br /> Development Agreement together with any required modifications shall continue in full force <br /> and effect. In the event that the State or Federal Law operates to frustrate irremediably and <br /> materially the vesting of development rights to the Project as set forth in this Agreement, <br /> Developer may terminate this Agreement. In addition, Developer shall have the right to <br /> challenge (by any method, including litigation)the State or Federal Law preventing compliance <br /> with, or performance of,the terms of this Development Agreement and, in the event that such <br /> challenge is successful,this Development Agreement shall remain unmodified and in full force <br /> and effect, unless the Parties mutually agree otherwise, except that if the Term of this <br /> Development Agreement would otherwise terminate during the period of any such challenge and <br /> Developer has not commenced with the development of the Project in accordance with this <br /> Development Agreement as a result of such challenge,the Term shall be extended for the period <br /> of any such challenge. <br /> 2.4.4. Conflicts. In the event of an irreconcilable conflict between the provisions <br /> of the Project Approvals (on the one hand) and the Applicable Rules (on the other hand),the <br /> provisions of the Project Approvals shall apply. In the event of a conflict between the Project <br /> Approvals (on the one hand) and this Development Agreement, in particular, (on the other hand), <br /> the provisions of this Development Agreement control. <br /> 12 <br />
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