Common use of No Conflicting Enactments Clause in Contracts

No Conflicting Enactments. By entering into this Development Agreement and relying thereupon, OWNER is obtaining vested rights to proceed with the Project in accordance with the terms and conditions of this Development Agreement, and in accordance with, and to the extent of, the Development Approvals. OWNER shall have the vested right to develop the Property at the rate, timing and sequencing that OWNER deems appropriate within the exercise of OWNER’s sole subjective business judgment. By entering into this Development Agreement and relying thereupon, CITY is securing certain public benefits which enhance the public health, safety and general welfare. CITY therefore agrees that except as provided in Section 23 of this Development Agreement, neither the City Council nor any other agency of CITY shall enact a rule, regulation, ordinance or other measure which relates to the rate, timing or sequencing of the Development or construction of all or any part of the Project and which is inconsistent or in conflict with this Development Agreement.

No Conflicting Enactments. By entering into this Development Agreement and relying thereupon, OWNER is obtaining vested rights to proceed with the Project in accordance with the terms and conditions of this Development Agreement, and in accordance with, and to the extent of, the Development Approvals. OWNER shall have the vested right to develop the Property at the rate, timing timing, and sequencing that OWNER deems appropriate within the exercise of OWNER’s sole subjective business judgment. By entering into this Development Agreement and relying thereupon, CITY is securing certain public benefits which enhance the public health, safety safety, and general welfare. CITY therefore agrees that except as provided in Section 23 20 of this Development Agreement, neither the City Council nor any other agency of CITY shall enact a rule, regulation, ordinance ordinance, or other measure which relates to the rate, timing timing, or sequencing of the Development or construction of all or any part of the Project and which is inconsistent or in conflict with this Development Agreement.