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period, or in the event of an appeal, pending_the conclusion o f the action an appeal If the <br /> validation action is successfully concluded,the Effective"Date shall be as deterrrimed pixrsuant to <br /> sub'secttoridais Section 1�3° <br /> z x <br /> r <br /> 4 <br /> 152 T ? <br /> i <br /> 3 z 1r. - <br /> ziotwithstding aiiyperflYiio of`#ts Ag <br /> 8,Ptt � <br /> Tertnof this°Agreement shall commence on`the Effective Datd4shMall etendY for twe'iit£ 'fvr <br /> (25) years thereafter unless sooner terminated or eXtetided as h� rinaftez prav�cilede <br /> 4 ° Y.l k C P n <br /> ComtnunttyDevelopment Director is authorized to and,up+�n Brittenues of Develo er shill <br /> p <br /> permit reasonable extensions of;the Term not to exceed five(5} ears`;eaCli, and not tct exceed <br /> 3 x <br /> fifteen (15).years h the aggregate for all such extensions,-if the Coii�inuntyD�evelopitiezt <br /> Director determine.s, with respect to each fire(S) year extenstoct, that'.:(1}Developer is iat in <br /> default under this Agreement,(2) Developer-is participating in Frnahcing'1Vlechan[sms'thn, <br /> applicable to.the Property to provide regional or local liifrastructure aid Exactions in connection <br /> with the development of the Community and is note in default ai.deiiiiquent-iii its obligations' <br /> thereunder, and(3)with respect to last five-(5) year eztensioi only, that mapped parcels <br /> comprising not less than 25%of the total acreage the Property have been committed to urban R <br /> development through the process of issuance of building permits or the dedication of lands for <br /> urban infrastructure and public use_ The Community Development Director may refer the <br /> question of an extension of this Agreement to the Board of Supervisors, and Developer may <br /> appeal any denial or refusal of the Community Development Director to grant any such <br /> extension to the Board of Supervisors. The Board of Supervisors shall be governed by the same <br /> standards in considering an extension as are above set for the Community Development Director. <br /> An extension of the Term of this Agreement pursuant to the foregoing provisions shall not be <br /> deemed an amendment of this Agreement and may be evidenced by a letter from the Community <br /> Development Director or minute order or resolution of the Board of Supervisors. <br /> j <br /> 1.5.2_13, 1f any litigation(other than the validation action referred to in <br /> a <br /> Section 1.5.l.B.) affecting the Property is filed prior to or after the Effective Date challenging <br /> any of the Existing Approvals or this Agreement(including but not limited to any environmental <br /> determinations relating to any of the foregoing), or otherwise raising issues of the validity of the <br /> Existing Approvals or the validity and binding nature of this Agreement, the Term of this <br /> Agreement shall be extended for the period of time such litigation is pending, and upon the <br /> conclusion of such litigation by dismissal or final entry of judgment, the Developer and County' <br /> shall indicate on this Agreement the period of any such extension and may record a notice to <br /> such effect; provided, however, that if such litigation results in a final determination of invalidity <br /> of any of such actions, the County may terminate this Agreement. <br /> 1.5.2.C. The Term has been established by the parties as a reasonable <br /> estimate of the time required to implement the necessary requirements of the Existing Approvals <br /> and obtain the public.benefits of the Existing Approvals. County finds that a term of such <br /> duration is reasonably necessary to assure County of the realization of the public benefits from <br /> the Property, particularly, but not limited to development of the public facilities and major <br /> infrastructure elements for the Property and the Community as set forth in the Existing <br /> Approvals. In establishing and agreeing to such Term, County has determined that the Existing <br /> W02-SF:F PD\6[481145.2 -17- <br />