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that included the Property. A Special Purpose Plan,consistent with the Master Plan, has been completed for the Property. Recital J. The County has granted the Existing Approvals as set forth in Exhibit B-1 attached hereto in order to protect the interest of its citizens in the quality of their community and environment through the Subsequent Community Approvals. As part of the Existing Approvals, County has undertaken,pursuant to the California Environmental Quality Act("CEQA'), the required analysis of the environmental effects which would be caused by the Community generally under the General Plan and the Master Plan, and has determined those mitigation measures which will eliminate, or reduce to an acceptable level, the adverse environmental impacts of the Community. County has completed and certified three recent Environmental Impact Reports("EIRs") in connection with the Community and the development of the Property: the Final Environmental Impact Report("FEIR") for the 1993 General Plan Amendment("GP-92-09'), the SEIR for those same amendments and an FEIR for the Master Plan, various General Plan and Development Title Amendments and this Development Agreement, as particularly described in the Existing Approvals. County has also adopted a monitoring program to make sure that those mitigation measures incorporated as a part of the Existing Approvals are enforced and complied with. County has also adopted Statement of Facts and Findings of Overriding Considerations for those adverse environmental impacts of the Community that may not or cannot be mitigated to an acceptable level. It is a condition of this Agreement that Developer and the County shall cooperate to complete all such plans and programs within the time and in the manner set forth in this Agreement and comply with the Conditions for Development set forth in the Existing Approvals. In granting approval of the Existing Approvals for the Community, County has determined that this Agreement should identify responsibility for and commitment to certain implementation measures in the Existing Approvals that must be assigned to the Developer for the Community to proceed. Recital K. Development of the Property, in whole or in part, shall be undertaken only pursuant to a Specific Plan and any Special Purpose Plan, as required by the Master Plan. It is a condition of the development of the Property, in whole or in part, expressly consented to by Developer in entering into this Agreement,that Developer and the County shall have approved Specific Plan III and any required Special Purpose Plan, as applicable to the Property or portion thereof. The foregoing condition is specific to the Property covered by this Agreement, is voluntarily accepted by Developer in consideration of County's entering into this Agreement, and does not indicate an intent or obligation on the part of County to require development agreements for other areas of the Community. Recital L. The County has conducted preliminary project-specific environmental review in connection with this Agreement in accordance with CEQA, and has determined based on substantial evidence in the record that prior environmental studies and mitigation measures have addressed any identified impacts or potential impacts. Because of the incorporation of these mitigation measures, County has found in connection with its review and consideration of this Agreement that no subsequent or supplemental EIR is necessary or required under CEQA in order to enter into this Agreement, since it is consistent with, and within the scope of, the previous EIRs for Existing Approvals and because the mitigation measures provided for in those EIRs are incorporated into the Existing Approvals and assured of fulfillment by the terms and W02-SF:FP13\61481145.2 -3-