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<br />b. If to Owner, to: <br /> <br />The Roman Catholic Bishop of Orange. a corporation sole <br />P.O. Box 14195 <br />Orange, California 92863 <br />Attn: Bishop Tod D. Brown <br />Telefaœimile: (714) 282-3029 <br /> <br />- --"'< <br /> <br />and <br /> <br />Tim Paone <br />Manatt. Phelps & PhDtips, LLP <br />695 Town Center Drive. Fourteenth Floor <br />Costa Mesa, Califomia 92626 <br />Telefacsimile (114) 371-2550 <br /> <br />A Party may change its address by giving notice In writing to the other Patty. <br />Thereafter. Notices shall be addressed and transmitted to the new address. If <br />sent by mail, Notices shall be effective or deemed to have been given three (3) <br />days after deposit in the United States mail. duly registered or certified. with <br />postage prepaid, and addressed as set forth above. If sent by telefaœimile, <br />Notices shall be effective or deemed to have been given twenty-four (24) hours <br />after the time set forth on the transmission report issued by the transmitting <br />facsimile machine, addressed as set forth above. For purposes of calculating <br />these time frames. weekends and federal, state, county, and City holidays shall <br />be excluded. <br /> <br /><~ <br /> <br />5. DEVELOPMENT OF THE PROPERTY. <br /> <br />5.1. Rules. Regulations and Policies. Except as expressly provided below, the <br />rules, regulations and official policies governing thepennitted use(s) and <br />density of the Property, and the conditions which may be Imposed on the <br />Project. shall be those set forth in the Existing Regulations, as further limited by <br />the Existing Approvals. <br /> <br />5.2. Permitted Us.. Density, and Intensity of Use; Rate and Amount of <br />Growth. Recognizing the California Supreme Court's decision in Pardee <br />Construction Co. v. CityofCamarlllo (1984) 37 Ca1.3d 465,208 Ca1.Rptr. <br />228. 690 P.2d 701 the PartIes agree that OwnershaU have the right to develop <br />the Project in such order and at such rate and at such times as Owner deems <br />appropriate in its own business judgment. Except as so provided, the City's <br />right to enact police power regulations on matters not covered by Section 5.1 of <br />this Agreement, including regulation of the rate and amount of growth, is not <br />limited by this provision. <br /> <br />5.3. Design and Construction Standards and Specifications. The design and <br />construction standards and specifications for any construction within the <br /> <br />- <br /> <br />--- <br /> <br />Ordinance No. NS-2657 <br />Page 8 of 20 <br />