Letters from SunCal to the City of Alameda regarding Notice of Default, February 12, 2010

[Stamped received by the City of Alameda on February 16, 2010 at 2:03 p.m.]

Body of letters:

Letter one:

Upon further consideration, SunCal is withdrawing Agenda Item A(2) for the
Special Meeting on Tuesday February 16 , 2010.

SunCal believes that it is important to have further discussions with Alameda to
build understanding and consensus with respect to the Alameda Point development plan. While we are confident that we can work together to resolve this matter, if necessary we will discuss with you an appropriate date that works for all parties on which we can bring this before Alameda prior to the cure period expiration. In the meantime, we would appreciate the opportunity to discuss the issues raised in the NOD at your earliest convenience.

...

Letter two:

Upon further consideration, SunCal is withdrawing Agenda Item A(2) for the
Special Meeting on Tuesday February 16 2010.

Before this matter is formally addressed, we would appreciate the opportunity to
discuss the issues raised in the Notice of Default with you and to see if we can build
understanding and consensus with respect to Alameda Point. We are confident that if we are provided the opportunity to do so , we can work with Alameda to resolve this matter. If necessary, we will discuss a mutually agreeable date where this can be brought before Alameda prior to the expiration of the cure period.