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Paul Sandelin has reviewed this situation and has provided <br /> a letter regarding this issue dated January 29, 2008. The <br /> letter lists several options available to the City. The letter <br /> also lists his recommendations which are as follows: <br /> • Send a formal notice of default under the Developer's <br /> Agreement <br /> • Demand that the bonding company issue a <br /> performance bond — then draw on the performance <br /> bond <br /> • Record a notice of Adverse Claim against the plat <br /> • Withhold issuing land use permits for the project <br /> Council Action Requested: Council decision on how to <br /> reclaim the past due expenses owned by the developer. <br />