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250 5 13. Vesting of Development Rights. (a) General Statement. As a material inducement to Developer to continue with diligent efforts to promote the development of the Property, the City desires to cause all development rights which may be required to develop the Property with buildings and related improvements consistent with the SD to be deemed vested in Developer for the benefit of the Property, as of the Effective Date of this Agreement, to the fullest extent permitted by law, and to eliminate all rights of the City or any body or agency thereof to impose on the Project(s) any subsequent ordinances, rules, regulations, policies, or moratoriums which are inconsistent with the terms of this Agreement. Notwithstanding the foregoing, nothing set forth in this Agreement shall be deemed to require Developer to complete the Project(s). (b) Vesting of Development Rights. Developer is hereby authorized and vested with the right to subdivide and construct works of improvement upon the Property in compliance with the density, intensity, height, size, access, parking and other components of the SD. (c) Existing Rules to Govern. In a.ccordance with the terms of Government Code Section 65866, the City and Developer agree that the ordinances, rules, regulations and official policies of the City, including the SD (collec- tively, the "Existing Development Regulations") in effect as of the Effective Date of this Agreement governing the design, density, permitted land uses, improvement and construction standards applicable to the Project(s) shall govern during the Term of this Agreement. Except as otherwise provided in this Agreement, no amendment to or revision of, or addition to any of the Existing Development Regulations without Developer's prior written approval, whether adopted or approved by the City Council or any office, board, commission or other Agency of the City, or by the people of the City through charter amendment, referendum or initiative measure or other vote, shall be effective or enforceable by the City with respect to the Project(s), its design, grading, construction, remodeling, use or occupancy, or schedule of development. (d) Definition of "Existing Development Resula- tions". As used herein, "Existing Development Regulations" shall not include municipal ordinances, rules, regulations and policies which do not conflict with Developer's vested rights to develop and use the Property in accordance with the SD, the General Plan Amendment, the Tentative Map and this Agreement. Developer and its successors and assigns and all persons and entities in occupation of any portion of - 11