PVSP Fees. Pursuant to the request of the Participating Developers to establish a fair share mechanism whereby the costs of the infrastructure and public facilities and associated equipment necessary for development of the Plan Area are allocated to and fairly shared by the benefitted land uses within the Plan Area, the County shall adopt, impose and implement a Specific Plan Fee Program and consider for inclusion therein the elements and provisions generally outlined and summarized in Exhibit 2.5.6 attached hereto (the “PVSP Fee Program”). The Developer agrees to pay all fees associated with the establishment of the PVSP Fee Program and, once established, to pay all applicable Specific Plan Fees (the “PVSP Fees”) as adopted by the County in accordance with the PVSP Fee Program. The PVSP Fees are intended to fund the construction of required infrastructure and facilities serving the Plan Area that are not included for financing within the Existing or New Development Mitigation Fees and to fund the County’s costs of administering, monitoring and implementing the PVSP Fee Program. Because this PVSP Fee Program is being implemented by the County at the request of the Participating Developers for purposes of establishing a fair share mechanism to finance the necessary Plan Area improvements and facilities, Developer agrees to pay all costs, and specifically waives any objection to County’s lack of compliance with the Mitigation Fee Act or other applicable law, in association with the adoption, calculation and administration of the PVSP Fees in accordance with the PVSP Fee Program. The PVSP Fees will consist of the following four independent, separate Fees (each of which will include its own administration component to fund the costs to administer, monitor and manage such Fees):
