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Manager shall be appealable to the City Council by Developer. (The Initial Term and any <br />Extended Term may be referred to collectively herein as the “Term.”) <br /> <br />Section 1.5 Memorandum of Extension. If an extension of the Term is <br />granted, City and Developer agree to execute, acknowledge, and record, in the Official Records <br />of Alameda County, a memorandum evidencing approval of the same. <br /> <br />Section 1.6 Expiration of the Term. Following the expiration of the Term, this <br />Agreement shall be deemed terminated and of no further force or effect, subject to the <br />provisions of Sections 6.2, 6.3 and 6.4; provided, however, such termination shall not affect any <br />right, or duty arising from City approvals, including, without limitation, the Project Approvals. <br />This Agreement shall terminate with respect to any for sale residential lot and such lot shall be <br />released and no longer be subject to this Agreement, without the execution or recordation of <br />any further document, when a certificate of occupancy has been issued for the building(s) on <br />the lot. <br /> <br />Section 1.7 Effect of Development Project Approvals Challenge. In the event <br />that any of the Project Approvals are challenged through a judicial action that results in a writ of <br />mandate or court order that requires the City to modify or rescind any of the Project Approvals, <br />the effectiveness of this Agreement shall be suspended pending such modification or rescission. <br />The City’s modification of the Project Approvals may necessitate that the Parties to this <br />Agreement negotiate an amendment to this Agreement. The rescission of the Project Approvals <br />shall result in this Agreement no longer being in force and effect. In the event that Ordinances <br />_____ or _____ adopting the Development Plan filed as PUD-130 and this Agreement, <br />respectively, are challenged by a referendum petition, and such petition qualifies for the ballot, <br />the effectiveness of this Agreement shall be suspended pending the results of the election upon <br />the ballot measure. If the voters do not reject either of Ordinances _____ and _____, then this <br />Agreement shall no longer be suspended. If the voters reject Ordinances _____ or _____, then <br />this Agreement shall no longer be in force and effect.] Pursuant to Section 2.5 below, the Term <br />shall be extended for any period the effectiveness of the Agreement is suspended under this <br />Section 1.7. <br /> <br />ARTICLE 2 Standards, Laws and Procedures Governing the Project <br /> <br />Section 2.1 Vested Right To Develop. Subject to annexation, Developer shall <br />have a vested right to develop the Project at the Project Site in substantial conformance with the <br />terms and conditions of the Project Approvals, the Subsequent Approvals (defined in Section <br />4.3 below) (as and when issued), the Applicable Law (defined in Section 2.3 below) and any <br />amendments to the Subsequent Approvals or this Agreement as shall, from time to time, be <br />approved pursuant to this Agreement, which shall control the permitted uses, density and <br />intensity of use of the Property and the maximum height and size of buildings on the Project <br />Site. <br /> <br />Notwithstanding anything to the contrary in this Section 2.1, in the event of a judicial action that <br />results in a writ of mandate or court order that requires the City to modify or rescind the <br />Development Plan, Developer shall have no vested right to the Development Plan and the City <br />shall retain discretion as to the manner it complies with such writ of mandate or court order, <br />including reapproving, modifying, or denying approval of the Development Plan. Furthermore, <br />in the event that Ordinance_____ adopting the Development Plan is challenged by a <br />referendum petition, and such petition qualifies for the ballot, such vested right to develop the <br />Project shall be suspended pending the results of the election upon the ballot measure. If the