Cities Index.
Attachment B - Securities Table

Victorville City Council
June 4, 2024

Document
Attachment B - Securities Table
Meeting
June 4, 2024
Body
Victorville City Council
Original file
755 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 & Monumentation Bond Totals:

Faithful Performance Security
Water Improvements – No. 30080107 Labor & Materials Security Water Improvements – No. 30080107
Amount of ORIGINAL Security: $75,968.20 Amount of ORIGINAL Security: $37,984.10 Amount of Security CURRENTLY: $15,193.64 Amount of Security CURRENTLY: $37,984.10 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $37,984.10 Amount of Security REMAINING: $15,193.64 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvements – No. 30080107 Labor & Materials Security Sewer Improvements – No. 30080107
Amount of ORIGINAL Security: $8,071.25 Amount of ORIGINAL Security: $4,035.63 Amount of Security CURRENTLY: $1,614.25 Amount of Security CURRENTLY: $4,035.63 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $4,035.63 Amount of Security REMAINING: $1,614.25 Amount of Security REMAINING: $0.00 Faithful Performance Security
Drainage Improvements – No. 30080107 Labor & Materials Security Drainage Improvements – No. 30080107
Amount of ORIGINAL Security: $3,300.00 Amount of ORIGINAL Security: $1,650.00 Amount of Security CURRENTLY: $660.00 Amount of Security CURRENTLY: $1,650.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $1,650.00 Amount of Security REMAINING: $660.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvements – No. 30080107 Labor & Materials Security Street Improvements – No. 30080107
Amount of ORIGINAL Security: $364,778.19 Amount of ORIGINAL Security: $182,389.10 Amount of Security CURRENTLY: $72,955.64 Amount of Security CURRENTLY: $182,389.10 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $182,389.10 Amount of Security REMAINING: $72,955.64 Amount of Security REMAINING: $0.00 Securities Table
Water, Sewer, Drainage, Street & Monumentation Bond Totals:

Developer:

Richmond American Homes of Maryland, Inc.
5171 California Avenue, Suite 120
Irvine, CA 92617

Faithful Performance Security
Monumentation Improvements – No. 30080107

Amount of ORIGINAL Security: $9,273.00
Amount of Security CURRENTLY: $9,273.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $9,273.00

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