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f <br /> Financing Mechasm does not provrde for such xrttters, shall adopt bubsequenlfordiriance <br /> }dgatadedd}ypgroceduregs for r+eiit�[bursemen't or 6fettlrt � Mi ,taftc Ielz��>r �ee` itg ge �ra <br /> L V rV111Vn { f t "W' ' + r F hb T, lW., <br /> j k * rf .+r � 't�j'{r: � f{ B•` 7 '�i }j f Y <br /> q t t >Q > roilseiitit piondev1611ed aid kC €itt <br /> wi uponthahotfpg '�`o)� AW pro id�d by I7e�rclvper } :v t jx F z i 4 N � 4� f <br /> . �v', ° Y <br /> R <br /> 3 7 � � � f� �f � <br /> thevpnt that,follvtngthe �out.tot .:%?�r �pitwirYczt , <br /> �1 j` .h <br /> r. <br /> ni <br /> and;4 ihtie <br /> s`b Dev - <br /> Y ��. �° �t cep-. <br /> px the bue�ra �t � �e� ity of the <br /> ,, r <br /> f ra s <br /> Comix unity iii such a w21y as prevents )"V4oper from t i .._n lad t�$�tEci a� . <br /> .. - tr ra � r5 `f1Tlp q� <br /> reunb semettts under established Finarictng`Mech nism5 or, he bstt �ei ti <br /> btir ei"cut Prct ram <br /> from propenes wh#cli would otherwise have'`benef ted min the afotrttentioed offer sized <br /> izifrastructure aiid utili .;> <br /> ties f <br /> Coutity shaC reuribitrse Developer in airiunt tluch zs <br /> coriimensurate with the arnounts`Developer vvouid live received. ltd the County not reduced the <br /> overll.acreage or"density of the Comrriutu Such,reimbt rsemeiit b Co n� m be aid to'; <br /> y ,4 Y 4y._ p <br /> Developer;over time,in the approximate amounts that Developer would have leer[reimbursed' <br /> from benefited properties-as they Would-reasonbiy have.heen eXpectMito develop rover tune of ' <br /> f as otherwise required under the applicable Financing Meehamsm or the Cost`Reirrilurserxient <br /> Program. This subsection shall not applyif 1Developer concur'' with reduction m overall acreage <br /> or density. <br /> 3.8. Schools Mit. atiom To the extent not prohibited by law, and consistent with.the <br /> provisions of the Master Plan requiring full mitigation for school impacts, County shall ensure <br /> that future landowners and developers within Mountain House are required to fully mitigate <br /> school facilities impacts in strict compliance with the School Facilities Act, as amended in 1998, <br /> and as further amended from time to time. <br /> 3.9 Participation in SJMSCP. The Parties acknowledge that pursuant to the Master Plan, <br /> Developer may provide mitigation for identified endangered species impacts on the Project <br /> through implementation of the Mountain House Habitat Management Plan. In the alternative, the <br /> Master Plan provides that Developer may participate in a regional habitat conservation plan. The <br /> Parties recognize and agree that the San Joaquin County Multi-Species Habitat Conservation and <br /> Open Space Plan (SJMSCP) has been prepared as an alternative means of mitigating county- <br /> wide impacts to special status, threatened and endangered species. Therefore, Developer may, in <br /> lieu of implementation of the Mountain House Habitat Management Plan, participate in the <br /> SJMSCP for so long as the SJMSCP remains in effect, and whether or not County has elected to <br /> participate in the SJMSCP on a county-wide basis. In the event the SJMSCP is invalidated by <br /> any court of competent jurisdiction,Developer shall implement the Mountain House Habitat <br /> Management Plan, and all fees collected by County in connection with Developer's participation <br /> in the SJMSCP shall be applied to implementation of the Mountain House Habitat Management <br /> Plan, <br /> SECTION 4. PERIODIC,REVIEW OF COMPLIANCE. <br /> 4.1. Annual Review. The County and Developer shalt annually review this <br /> Agreement, and all actions taken pursuant to the terms of this Agreement with respect <br /> W02-SF:FYD161481145.2 -38- <br />