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2.3 "Property" is the real property described in Exhibit A and referred to in <br />Exhibit B. <br />2.4 "Project" is the development of the Property as generally set forth in GPA <br />No. 98-04, AA No. 98-11 for the change of zoning district, and the Project Description as set <br />forth in the negative declaration for the Project. <br />2.5 Storm Drain Locational Plan means the conceptual Storm Drain Plan <br />attached hereto as Exhibit C. The parties recognize that the Storm Drain Locational Plan sets <br />forth the public facilities which will be required for the ultimate build -out of the City's Master <br />Plan of Drainage. The general description, process and allocation of costs contained in the Storm <br />Drain Locational Plan are further explained and identified in this Agreement as Exhibit C <br />attached hereto and incorporated herein. <br />3. EXHIBITS. The following documents referred to in the Agreement are attached <br />to this Agreement and are identified as follows: <br />Exhibit Referred to <br />Desi n� DescriLtion in Section <br />A Property Legal Description 1.2 <br />B Property Graphical Description (Site Plan) 12 <br />C Storm Drain Locational Plan 2.5 <br />4_ GENERAL PROVISIONS. <br />4.1 Property Subject to the Agreement. Until released pursuant to the <br />provisions of Section 9.3 below, no property shall be released from this Agreement until <br />Property Owner has fully performed its obligations arising out of the Agreement. <br />4.2 Duration of Agreement. The term of the Agreement shall commence on, <br />and the effective date of the Agreement shall be, the effective date of City Ordinance No. <br />as set forth in Section 1.6 above, and the term shall extend for a period of five (5) <br />years following the effective date unless the Agreement is earlier terminated, or its term modified <br />of fully executed by both parties; provided, however, that nothing herein is intended nor shall it <br />be interpreted to extend the period of validity of any approval issued in conjunction with the <br />City's Development Project Plan process or building permit, beyond local requirement. <br />4.3 Assignment. Owner shall have the right to transfer or assign the Property <br />in whole or in part, to any person, entity (public or private), partnership, joint venture, firm or <br />181 v <br />9 <br />