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2.8.2. Entry of a final judgment by a court of competent jurisdiction setting aside, <br /> voiding, or annulling the adoption of the ordinance approving this Agreement and/or any Project <br /> Approvals as set forth in Exhibit C. <br /> 2.8.3. The adoption of a referendum measure overriding or repealing the ordinance <br /> approving this Agreement and/or any Project Approvals. In the event a referendum petition <br /> challenging the ordinance approving this Agreement and/or any Project Approvals is submitted <br /> to the City Clerk, Owner shall deposit with the City Ten Thousand Dollars($10,000) ("Petition <br /> Deposit")to cover the actual cost incurred by the City examining the petition and verifying <br /> signatures. Should the referendum qualify for the ballot, Owner may request, at or prior to the <br /> Council meeting at which the Council will take up the referendum issue,that the City Council <br /> repeal the ordinance and/or any Project Approvals rather than submitting it to the voters. If <br /> Owner does not request that the City Council repeal the ordinance and/or any Project Approvals <br /> and the City Council submits the referendum to the voters, Owner shall deposit Fifty Thousand <br /> Dollars($50,000)("Referendum Deposit")with the City. City may use the Referendum Deposit <br /> to pay any and all costs associated with the said referendum measure(e.g., legal fees for outside <br /> counsel). Any funds remaining in the Petition Deposit may be put toward the Referendum <br /> Deposit at the Owner's request.If at any time the Referendum Deposit account has Five <br /> Thousand Dollars($5,000) or less remaining, Owner shall,within three(3)business days of <br /> receiving notice from the City, deposit with the City Twenty-Five Thousand Dollars($25,000) <br /> as requested by the City to cover necessary costs and expenses associated with the referendum <br /> and holding the related election.Following certification of the election results,any funds <br /> remaining in the Petition Deposit or the Referendum Deposit account shall be returned to the <br /> Owner within thirty(30) days of certification of the election results. In the event Owner <br /> requests that the City Council repeal the ordinance and the City Council nonetheless determines <br /> to submit the ordinance to the voters, Owner shall have no financial responsibility for the costs <br /> associated with holding the election, including any obligation to make a Referendum Deposit. <br /> 2.8.4. Completion of the Project in accordance with the terms of this Agreement,which <br /> is hereby defined to be: (i)issuance by the City of all required occupancy permits and final <br /> approvals for occupancy for the Project's 3,750 multi-family residential units, 350,000 square <br /> feet of commercial uses, 250 room hotel, and 200 senior living/continuum of care units; (ii) <br /> acceptance by City or applicable public agency of all required dedications in connection with <br /> same; and(iii) written notification by City to Owner that the Project is complete. <br /> 2.8.5. Termination of the Agreement as provided under this Agreement,including but <br /> not limited to Section 7.4 herein, shall not constitute termination of any other Project Approvals. <br /> Upon the termination of this Agreement,no party shall have any further right or obligation <br /> hereunder except with respect to any obligation to have been performed prior to such <br /> termination or with respect to any default in the performance of the provisions of this Agreement <br /> that has occurred prior to such termination or with respect to any obligations that are specifically <br /> set forth as surviving this Agreement.Upon such termination, any Development Impact Fees <br /> paid by Owner to City on which construction has not yet begun shall be refunded to Owner by <br /> City. <br /> 2.9. Notices. <br /> 2.9.1. As used in this Agreement,"notice"includes,but is not limited to,the <br /> communication of notice,request, demand,approval, statement,report, acceptance, consent, <br /> waiver, appointment or other communication required or permitted hereunder. <br /> -10- <br />