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permit within 360 days of the submittal of a Substantially Complete Building Permit <br />Application for that permit. Without limiting the generality of the foregoing, except as <br />otherwise expressly provided in this Agreement, during the Term of this Agreement, the <br />City shall not, without the prior written consent of Owner: (a) apply to the Project any <br />new or amended ordinance, resolution, rule, regulation, requirement or official policy <br />that is inconsistent with any Existing City Laws or Approvals and that would have the <br />effect of delaying, preventing, adversely affecting or imposing any new or additional <br />condition with respect to the Project; or (b) apply to the Project or any portion thereof <br />any new or amended ordinance, resolution, rule, regulation, requirement or official <br />policy that requires additional discretionary review or approval for the proposed <br />development, use and/or occupancy of the Project. <br />4.2 Application of New City Laws. Nothing herein shall prevent the City <br />from applying to the Property new City Laws that are not inconsistent or in conflict with <br />the Existing City Laws or the intent, purposes or any of the terms, standards or <br />conditions of this Agreement, and which do not affect the Vested Elements or impose <br />any other conditions on the Project that are inconsistent with this Agreement or the <br />intent of this Agreement. Any action or proceeding of the City that has any of the <br />following effects on the Project shall be considered in conflict with this Agreement and <br />the Existing City Laws: <br />(a) Limiting or reducing the density or intensity of use of the <br />Property; <br />(b) Limiting grading or other improvements on the Property in a <br />manner that is inconsistent with or more restrictive than the limitations included in the <br />Project Approvals; or <br />(c) Applying to the Project or the Property any law, regulation, or <br />rule restricting or affecting a use or activity otherwise allowed by the Project Approvals. <br />The above list of actions is not intended to be comprehensive, but is illustrative of the <br />types of actions that would conflict with this Agreement and the Existing City Laws. Prior <br />to the adoption of any new City Law, including without limitation any change in the City's <br />affordable housing rules or policies, City shall, upon Owner's request, confer as to <br />whether such new City Law would be considered in conflict with this Agreement and <br />Existing City Laws, <br />4.3 Timing. Without limiting the foregoing, no moratorium or other <br />limitation affecting the development and occupancy of the Project or the rate, timing or <br />sequencing thereof shall apply to the Project. <br />4.4 Subsequent Environmental Review. The Parties acknowledge and <br />agree that the EIR contains a thorough environmental analysis of the Project and the <br />Project alternatives, and specifies the feasible Mitigation Measures available to <br />eliminate or reduce to an acceptable level the environmental impacts of the Project. The <br />Parties further acknowledge and agree that the EIR provides an adequate <br />9 <br />1677\05\1960134.8 <br />1/17/2017 <br />PAGE 269 <br />