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exercise of its subjective business judgment;-provided, however; that devglopment¢f the . Property shall be subject to compliance with the Exsrhg Approvals,applicable Spectfic Plan and�or,S eclat P apphcabi'e Subse'uen eel r rt� t Awl ea,artds p urpose Plan, $ q! ng acfq r� Men, Agreement, including the Specta�Concittions l i ; ; . Apprnvals for the$pard a£ pr�rtsvrs�to tales a rtl� t t+��np� aric L �LOiltflC�IOn Q�ithe County-�c�t�e911. 0 ` ` � i > ' w e other�c%tse�zrntlsor>regula#esPi furtteranh CC:Of t ir �c T taaNe- xs3o�JeCtZv'✓, COurtty agrees that tolthetnaxtlun� �t`#�t TVA-10. ! 33+ 1 , id" Hoprnent`of�the"Prop '1y shalt be exempt from growth con`rot tea u� velo}t�ft z N ss1 s ss,� `t ,�r , _ 'Ftp[ S -4 F' . .r rnoraorta, including lfm�tattons vn the number of bxilding pertts anc#/x�>�such othtttlaaures a ? , f wlueh affect the rate, dining or.sequerice of dcvelopent, wllekher enacte �ly�tfie'Gbi3r car}� ' vote the electorate of'the County or.the State,which would stop b delay of tic developme o r the Property in conflict with:EXsttng.Approals orT"tlie provisions of this Agreement oOX wever notlurlg herein shall le;constrttecl to.relieve the Deve loperfrom any tn�e coi�ti�ttons'14 anyq permit, subdivision map or other Approval or to'eXcuse the timely cortplet}©ri of oily aetywhtcl is required to be completed within a time,period set by' airy applicable.code or pert%iitprovisions 2.4. Special Conditions. Development of the Property shall be subject to the Special Conditions. 2.5. Rules Regulations and Official Policies. 2.5.1. Subject to the provisions of this Section 2.,development of the Property 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 atter 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, the 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 W02-SF F1'D16148 l 145.2 -27-