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SECTION 2. TERM OF THIS AGREEMENT <br /> 2.1 Effective Date and Term of Agreement. <br /> This Agreement shall become effective upon the occurrence of both of the following the <br /> Approving Ordinance becoming effective, and the ordinance adopting the Zoning Amendments <br /> becoming effective ("Effective Date") <br /> In the event the ordinance adopting the Zoning Amendments is challenged through a judicial <br /> action that results in a writ of mandate or court order that requires the City to modify or rescind <br /> the Project, the effectiveness of this Agreement shall be suspended pending such modification or <br /> recession The City's modification of the Zoning Amendments may necessitate that the parties <br /> to this Agreement negotiate an amendment to this Agreement The recession of the Project shall <br /> result in this Agreement no longer being in force and effect In that event the ordinance adopting <br /> the Zoning Amendments is challenged by a referendum petition, if such petition qualifies for the <br /> ballot, this Agreement shall be suspended pending the results of the election upon the ballot <br /> measure If the voters do not reject the ordinance adopting the Zoning Amendments, this <br /> Agreement shall no longer be suspended If the voters reject the ordinance adopting the Zoning <br /> Amendments, then this Agreement shall no longer be in force and effect <br /> This Agreement shall continue for a period of ten (10) years unless sooner terminated as <br /> provided in this Agreement ("Term") <br /> 2.2 Effect of Termination. <br /> Subject to the provisions of Section 7, following expiration of the Term (which shall include any <br /> mutually agreed upon extensions), this Agreement shall be deemed terminated and of no further <br /> force and effect except for any and all obligations expressly provided for herein that shall survive <br /> termination <br /> SECTION 3. STANDARDS, LAWS, AND PROCEDURES GOVERNING THE <br /> PROJECT <br /> 3.1 Permitted Uses. <br /> The permitted uses and the density and intensity of use of the Propeity, the maximum height, <br /> bulk and size of the proposed buildings, piovisions for reservation of dedication of land for <br /> public purposes and the location of public improvements, the general location of public utilities, <br /> and other terms and conditions of development applicable to the Project, shall be as set forth in <br /> the Project Approvals and, as and when they are issued (but not in any limitation of any right to <br /> develop as set forth in the Project Appi ovals), any Subsequent Approvals (defined below) <br /> 3.2 Conflicts. <br /> 6 <br />