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December 11, 2009 <br />Mr. Brad Hudson <br />City Manager <br />City of Riverside <br />3900 Main Street <br />Riverside, CA 92522 <br />LAKE MATHEWS VENTURE, LLC (DIP) <br />c/o Main Street Partners, Inc. <br />3 Sunrise <br />Newport Coast, CA 92657 <br />(310) 871.4146 <br />L0'? <br />RECEIVED <br />DEC 2 9 2009 <br />by CITY ATTORNEY <br />RE: Lake Mathews Venture, LLC - Tract 30153/Specific Plan 325 - "A" Street <br />Right-of-Way Acquisition and Reimbursement Agreement <br />Dear Mr. Hudson: <br />Pursuant to Section 10 (a) of the referenced agreement, please let this letter serve as notice that <br />the Subdivider (Lake Mathews Venture, LLC) is hereby providing the required fifteen (15) day <br />notice cancelling the agreement, and requests the return of the deposit posted by Subdivider <br />with the City in conjunction with same. Accordingly, the agreement shall no longer be in effect <br />as of Monday, December 28, 2009. <br />Please feel free to contact me should you or anyone in the City have any questions. <br />Sincerely, <br />Lake Mathqwfs Venture, LLC DIP) <br />By: MSP a Mathews, LL / <br />By: M ' treet Pa r ne. <br />Andrew C. Hadra <br />President <br />ACH:wp <br />cc: Dennis Bezanson, Esq. <br />Tom Boyd, Deputy Public Works Director/City Engineer <br />Greg Priamos, City Attorney <br />