Cities Index.
Attachment B - Security Tables

Victorville City Council
December 19, 2023

Document
Attachment B - Security Tables
Meeting
December 19, 2023
Body
Victorville City Council
Original file
109 KB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

Attachment B
Security Tables

Security Tables
LMAD, Sewer, Drainage, Street, & Monumentation Bond Totals:

Faithful Performance $2,268,398.12 - Labor & Materials $1,129,199.06 *Released June 4, 2019

Faithful Performance Security
LMAD Improvements – 016273700
Labor & Materials Security
LMAD Improvements – 016213700
Amount of ORIGINAL Security: $144,448.92 Amount of ORIGINAL Security: $72,224.46 Amount of Security CURRENTLY: $28,889.78 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $28,889.78 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvements – 016273700
Labor & Materials Security
Sewer Improvements – 016273700
Amount of ORIGINAL Security: $510,178.08 Amount of ORIGINAL Security: $255,089.04 Amount of Security CURRENTLY: $102,035.62 Amount of Security CURRENTLY: $255,089.04 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $255,089.04 Amount of Security REMAINING: $102,035.62 Amount of Security REMAINING: $0.00 Faithful Performance Security
Drainage Improvements – 016273700
Labor & Materials Security
Drainage Improvements – 016273700
Amount of ORIGINAL Security: $24,402.40 Amount of ORIGINAL Security: $12,201.20 Amount of Security CURRENTLY: $4,880.48 Amount of Security CURRENTLY: $12,201.20 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $12,201.20 Amount of Security REMAINING: $4,880.48 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvements – 016273700
Labor & Materials Security
Street Improvements – 016273700
Amount of ORIGINAL Security: $1,579,368.72 Amount of ORIGINAL Security: $789,684.36 Amount of Security CURRENTLY: $631,747.49 Amount of Security CURRENTLY: $789,684.36 Amount of Security being REDUCED: $315 ,873 .75 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $315,873.74 Amount of Security REMAINING: $789,684.36 Faithful Performance Security
Monumentation – 016273700
Amount of ORIGINAL Security: $10,000.00
Amount of Security CURRENTLY: $10,000.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $10,000.00

Developer:

Western Pacific Housing, Inc. a Delaware Corporation
2280 Wardlow Circle, Ste. 100
Corona, CA 92880

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