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Property shall be subject to compliance with the Existing Approvals, applicable Specific Plan and/or Special Purpose Plan, applicable Subsequent Development Agreement and this Agreement, including the Special Conditions and including actions reserved under the Existing Approvals for the Board of Supervisors to take.under the circumstances specified therein. No future modification of the County Code or any ordinance or regulation, by initiative or otherwise, which otherwise limits or regulates the rate of development over time shall be applicable. In furtherance of this objective, County agrees that to the maximum extent permitted under law, the development of the Property shall be exempt from growth control measures, development L moratoria,including limitations on the number of building permits and/or such other measures which affect the rate, timing or sequence of development, whether enacted by the County or by vote of the electorate of the County or the State, which would stop or delay the development of V the Property in conflict with Existing Approvals or the provisions of this Agreement. However, nothing herein shall be construed to relieve the Developer from any time conditions in any permit, subdivision map or other Approval or to excuse the timely completion of any act which LL is required to be completed within a time period set by any applicable code or permit provisions. ` 2.4. Special Conditions. Development of the Property shall be subject to the Special Conditions. L, 2.5. Rules, Regulations and Official Policies. 2.5.1. Subject to the provisions of this Section 2.,development of the Property L, shall be subject to the Ordinances and such rules,regulations, and official policies applicable to such development on the Effective Date. Except as otherwise provided in this Agreement, to the extent any future changes in the Vested Elements or any future rules, Ordinances, regulations or ` policies adopted by the County, including initiatives,purport to be applicable to the Property but are in conflict with the terms and conditions of this Agreement,the terms of this Agreement shall prevail,unless the parties mutually agree to amend or modify this Agreement pursuant to Section ` 1.9. hereof. To the extent that any future changes in the Vested Elements or any future rules, Ordinances, regulations or policies adopted by the County are applicable to the Property and are not in conflict with the terms and conditions of this Agreement or are otherwise made applicable ` by other provisions of this Section 2., such future changes in the Vested Elements or such future rules, Ordinances, regulations or policies shall be applicable to the Property. 2.5.2. This Section 2.5. shall not preclude the application to development of the Property of changes in the Vested Elements or County laws, regulations,plans or policies,the terms of which are specifically mandated and required by changes in state or federal laws or regulations. In the event state or federal laws or regulations enacted after the Effective Date of this Agreement or action by any governmental jurisdiction other than the County prevent or preclude compliance with one or more provisions of the Existing Approvals or this Agreement or require changes in the Vested Elements or in plans, maps or permits approved by the County, Existing Approvals and this Agreement shall be modified, extended or suspended by the County, ` after notice to and consultation with the Developer and after public hearing as required by the 6' W02-SF:FPD\61481145.2 -27-