Laserfiche WebLink
3 5;i0 County and Developer acknowledge and'atgree that the Master <br />{ Acquisition and-,.R' burset�ient A ee ent!'04, t, s to oat[t' ' ctrl b <br />{ r a 9 Y PWA �' x01 , �tld oti a agreements { <br /> (finar�cng, fee credits, reiri�titusgtents,r�ven4ie bciiEids; txnpm <br /> ge v iQ`e�r e3 <br /> MtIIG` Da Countyaitd I�evelicr `gi?e that t�yre4Cotty' 2T�.(} j�ts tom. <br /> the Fcstiiig App�royas SlalX b30nsistev Abeb � et r � <br /> Acquisition and ReimbEmect °Areeinent and aify sb >li � edr® eiat�Aagisli' $' <br /> ;and Iie`imbursement AgrceiiYent The Aarties further agree'thst aiiy�sutsequsttt bounty A �rcvl <br /> or amendment to the Corrinunity App�royals::shall be consistent t�cit tle 1V� SDobltgttons <br /> to Developer; County expressl _agrees that any such approval refeeitco above sEil not <br /> adversely affect Developer's rights and the economic benefits pyrided an'the liasfer Acauisitivn <br /> and Reimbursement Agreement aiid any subsequenfiy executed:Pro�ect Acquisition and <br /> Reimb rsement'Agreeriient The provisions of this Section 3 5 10 are sub3ect to the CourFty's <br /> reserved discretion and authority under Section 2.5 of this Agreement: <br /> 3.5.11. Subject to the provisions of applicable law,- County and Developer agree <br /> that when, and to the extent, Developer is entitled to any form of reimbursement by developers <br /> of f <br /> her than Developer in connection with Developer s finaricing acid installation of infrastructure <br /> r pursuant to any Acquisition and Reimbursement Agreement Between Developer and the <br /> MHCSD, County will cooperate with Developer and the MHCSD by conditioning land use <br /> approvals and entitlements for such developers upon appropriate reimbursement to Developer <br /> through the MHCSD consistent with the Master Acquisition and Reimbursement Agreement and <br /> any subsequently executed Project Acquisition and Reimbursement Agreement. County further <br /> agrees not to adopt any changes in the Cost Reimbursement Ordinance adopted as of August 10, <br /> 1999, or the Public Land Equity Program Ordinance, adopted as of October 28, 1997, that would_ <br /> operate to delay the timing or reduce the amount of any reimbursement due the Developer. <br /> I <br /> 3.5.12. County and Developer acknowledge that the MHCSD has adopted the <br /> Mountain House Transportation improvement Fee (MHTIF). The MHTiF requires developers <br /> within the Community to respectively fund their fair share of certain transportation <br /> improvements as specifically designated in the MHTW Technical Report (Technical Report) C <br /> dated March 19, 2000. <br /> 3.5.12.A.I. County acknowledges that MHTIF establishes the funding <br /> obligations for transportation improvements of Community Developers within the Community. <br /> Community Developers will be responsible to fund, and may, but are not obligated to, construct <br /> the designated transportation improvements within the Mountain House Planning Area(MHPA) <br /> as defined in the Technical Report and select Regional Roadways as defined in the Technical <br /> Report. Community Developers will also be responsible for funding, and may, but are not <br /> obligated to, construct "Other.Jurisdiction's" proportionate share of improvements to select <br /> Regional Roadways in San Joaquin County as defined by the Technical Report. If those certain <br /> transportation improvements that the Community Developer is responsible for are triggered for <br /> construction as a result of a Community Approval before the MHCSD has collected enough <br /> money to construct the needed transportation improvement, then the Community Developers <br /> shall be responsible to fund the shortfall, subject to reimbursement and credits as provided for in <br /> the MHT1F, resolutions, and Technical Report. <br /> w0e-sF:FP©\61481145.2 -34- <br />