Cities Index.
Attachment B - Securities Table

Victorville City Council
July 16, 2024

Document
Attachment B - Securities Table
Meeting
July 16, 2024
Body
Victorville City Council
Original file
72 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. 0788891
Labor & Materials Security
Water Improvements – No. 0788891
Amount of ORIGINAL Security: $248,719.90 Amount of ORIGINAL Security: $124,359.95 Amount of Security CURRENTLY: $49,743.98 Amount of Security CURRENTLY: $124,359.95 Amount of Security being REDUCED: $49,743.98 Amount of Security being REDUCED: $124,359.95 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvements – No. 0788891
Labor & Materials Security
Sewer Improvements – No. 0788891
Amount of ORIGINAL Security: $259,996.00 Amount of ORIGINAL Security: $129,998.00 Amount of Security CURRENTLY: $51,999.20 Amount of Security CURRENTLY: $129,998.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $51,999.20 Amount of Security REMAINING: $129,998.00 Faithful Performance Security
Drainage Improvements – No. 0788891
Labor & Materials Security
Drainage Improvements – No. 0788891
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: $660.00 Amount of Security being REDUCED: $1,650.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvements – No. 0788891
Labor & Materials Security
Street Improvements – No. 0788891
Amount of ORIGINAL Security: $868,997.53 Amount of ORIGINAL Security: $434,498.77 Amount of Security CURRENTLY: $347,559.01 Amount of Security CURRENTLY: $434,498.77 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $347,559.01 Amount of Security REMAINING: $434,498.77 Securities Table
Water, Sewer, Drainage, Street & Monumentation Bond Totals:

Developer:

Victorville 115 Lots, LP
3202 W. March Lane Suite A
Stockton, CA 95219
Faithful Performance Security
Monumentation Improvements – No. 0788891
Amount of ORIGINAL Security: $31,625.00
Amount of Security CURRENTLY: $31,625.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $31,625.00

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