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<br />Project; provided, however, that Owner may close part or all of the public parking lot so long as <br />it necessary to perform testing on the Property necessary for geotechnical or foundation purposes, <br />or to investigate whether hazardous materials may exist on the Property. The limitation of this <br />Section 5.4 shall expire and be of no further force and effect upon Owner',s commencement of <br />construction on the Property pursuant to a City issued demolition, foundation or building permit. <br /> <br />5.5 Future Discretionary Approvals. This Agreement shall not prevent the <br />City, when considering requests for discretionary approvals not covered by this Agreement <br />subsequent to the Effective Date from applying new rules, regulations, and policies which are <br />applicable to the Property, including but not limited to, material changes in the general plans, <br />specific plans, zoning, subdivision or building regulations, nor shall this Agreement prevent the <br />City from denying or conditionally approving any subsequent applications for discretionary land <br />use entitlements based on such existing or new rules, regulations, and/or policies; provided <br />however, that such new rules, regulations, and official policies are of general application to all <br />development within the City and are not imposed solely with respect to the Property. In <br />addition, this Agreement shall not prevent the City from exercising its police power to protect the <br />health, safety, and welfare of the public. This police power, exercised in accordance with <br />Section 5.2 of this Agreement, is paramount to any rights or obligations created or existing <br />between the parties. <br /> <br />5.5.1 Minor Changes. Upon application of Owner, the Executive Director may <br />approve minor modifications to the discretionary approvals vested pursuant to this Agreement, <br />provided that such changes are consistent in scope and intention with such approvals. The <br />Executive Director has the sole and absolute discretion to determine what constitutes a "minor <br />modification." <br /> <br />5.6 Processing Fees. All fees and charges intended to cover the City's costs <br />associated with processing development of the Property, including but not limited to fees and <br />charges for applications, processing, inspections, plan review, plan processing, and/or <br />environmental review, which are existing or may be revised or adopted during the term of this <br />Agreement, shall apply to the development of the Property. <br /> <br />5.7 Amendments or Additions to Citywide Fee Programs. This Agreement <br />shall not preclude the inclusion of and changes to fee programs, taxes whether special or general, <br />or assessments (hereafter collectively referred to as "fees") adopted by the City after the Effective <br />Date, which shall be applicable to the Project or the Property provided that they (I) are standard <br />fees applicable to all development in the City (although actual fee rates may vary within the City <br />where bona fide Citywide fee zones have been established), (2) are not applicable primarily or <br />only to this Project, or (3) are not imposed to either (a) mitigate, offset or compensate for Project <br />impacts which were analyzed in the mitigated negative declaration prepared for the Project, or <br />(b) duplicate any exactions, project design features, conditions of approval, Agreements, or <br />mitigation measures contained in the Development Plan or this Agreement. <br /> <br />5.8 Development, Construction and Completion of Work of Public Art. <br />In consideration for the extraordinary and significant benefits to the City set forth in this <br />Agreement, the Owner has been legally vested under Section 5.1 with regard to the permitted <br />uses ofland, density, and intensity of use, Owner shall include within the Project at one or more <br /> <br />Ordinance NS-2700 <br />Page 14 of 41 <br /> <br />10 <br />