Cities Index.
Attachment B - Securities Table

Victorville City Council
May 7, 2024

Document
Attachment B - Securities Table
Meeting
May 7, 2024
Body
Victorville City Council
Original file
442 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
Securities Table

Securities Table
Water, Sewer, Drainage, Street, LMAD, & Monumentation Bond Totals:

Faithful Performance Security
Water Improvements – No. 0791244 Labor & Materials Security Water Improvements – No. 0791244
Amount of ORIGINAL Security: $742,511.00 Amount of ORIGINAL Security: $371,255.50 Amount of Security CURRENTLY: $0.00 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvements – No. 0791243 Labor & Materials Security Sewer Improvements – No. 0791243
Amount of ORIGINAL Security: $804,680.25 Amount of ORIGINAL Security: $402,340.13 Amount of Security CURRENTLY: $0.00 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Drainage Improvements – No. 0799544 Labor & Materials Security Drainage Improvements – No. 0799544
Amount of ORIGINAL Security: $40,001.50 Amount of ORIGINAL Security: $0.00 Amount of Security CURRENTLY: $0.00 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvements – No. 0791242 Labor & Materials Security Street Improvements – No. 0791242
Amount of ORIGINAL Security: $2,335,876.88 Amount of ORIGINAL Security: $1,167,938.44 Amount of Security CURRENTLY: $934,350.75 Amount of Security CURRENTLY: $1,167,938.44 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $934,350.75 Amount of Security REMAINING: $1,167,938.44

Developer:

FH II, LLC, a California Limited Liability Company
2151 E. Convention Center Way, Suite 222
Ontario, CA 91764
Faithful Performance Security
LMAD Improvements – No. 0799543 Labor & Materials Security LMAD Improvements – No. 0799543
Amount of ORIGINAL Security: $350,833.92 Amount of ORIGINAL Security: $175,416.96 Amount of Security CURRENTLY: $70,166.78 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $70,166.78 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Monumentation Improvements – No. 0799545
Amount of ORIGINAL Security: $16,500.00
Amount of Security CURRENTLY: $16,500.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $16,500.00

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