Cities Index.
Attachment B - Securities Table

Victorville City Council
June 18, 2024

Document
Attachment B - Securities Table
Meeting
June 18, 2024
Body
Victorville City Council
Original file
399 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.

Securities Table

Faithful Performance Security
Water Improvements – No. 800054871 Labor & Materials Security Water Improvements – No. 800054871
Amount of ORIGINAL Security: $350,691.00 Amount of ORIGINAL Security: $175,345.50 Amount of Security CURRENTLY: $70,138.20 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $70,138.20 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. 800054871 Labor & Materials Security Sewer Improvements – No. 800054871
Amount of ORIGINAL Security: $425,276.50 Amount of ORIGINAL Security: $212,638.25 Amount of Security CURRENTLY: $85,055.30 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $85,055.30 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. 800054871 Labor & Materials Security Drainage Improvements – No. 800054871
Amount of ORIGINAL Security: $1,759,266.94 Amount of ORIGINAL Security: $879,633.47 Amount of Security CURRENTLY: $703,706.78 Amount of Security CURRENTLY: $879,633.47 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $703,706.78 Amount of Security REMAINING: $879,633.47 Faithful Performance Security
LMAD Improvements – No. 800054871 Labor & Materials Security LMAD Improvements – No. 800054871
Amount of ORIGINAL Security: $1,546,579,65 Amount of ORIGINAL Security: $773,289.83 Amount of Security CURRENTLY: $618,631.86 Amount of Security CURRENTLY: $773,289.83 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $618,631.86 Amount of Security REMAINING: $773,289.83

Developer:

D.R. Horton Los Angeles Holding Company, Inc.
2280 Wardlow Circle, Suite 100
Corona, CA 92878
Faithful Performance Security
Street Improvements – No. 800054871 Labor & Materials Security Street Improvements – No. 800054871
Amount of ORIGINAL Security: $1,456,607.80 Amount of ORIGINAL Security: $728,303.90 Amount of Security CURRENTLY: $582,643.12 Amount of Security CURRENTLY: $728,303.90 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $582,643.12 Amount of Security REMAINING: $728,303.90 Faithful Performance Security
Monumentation Improvements – No. 800054871
Amount of ORIGINAL Security: $35,365.00
Amount of Security CURRENTLY: $35,365.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $35,365.00

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