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EXHIBIT A <br />Sherman <br />Associates, Inc. <br />Avenue South, Suite 201 <br />alis. MN 55415 <br />Northwest Quadrant Redevelopment Agreement <br />Mr. Sherman <br />letter is to inform you that the City of New Brighton finds Sherman Associates, Inc. to be in <br />del tult on its obligations under the Amended and Restated Contract fro Private Redevelopment <br />dat December 13, 2005 and amended August 22, 2006. (hereinafter the Agreement) <br />Spi difically, without limitation, Sherman Associates has failed "to pay when due any payments <br />ort provide any funds required to be paid or provided under Section 4.4," "to complete <br />con E truction. of the Site Improvements and Minimum Improvements pursuant to the terms, <br />con, itions and limitations of Article V," and "to substantially observe or perform any covenant, <br />corlition, obligation or agreement on its part to be observed or performed" under the <br />Thi letter is the required written notice of default contemplated by Section $.2(a) of the <br />Agi ement. Sherman Associates, pursuant to the terms of the Agreement, has thirty days to cure <br />the -efault or to provide written assurances acceptable to the City of New Brighton that the <br />def 1t will be cured as soon as reasonably possible. <br />If nNcure or acceptable assurance of cure is completed or received within thirty days, the City <br />has a right to exercise its contractual Remedies on Default, including termination of the <br />feel free to call me at 651 638 2041 if you wish to discuss this further. Thank you. <br />R. Lotter <br />cc: Mayor and City Council <br />Grant Fernelius, Director of Community Development <br />George Hoff, Attorney, Hoff, Barry, Kozar, P.A. <br />