Cities Index.
Attachment B - Securities Table

Victorville City Council
November 19, 2024

Document
Attachment B - Securities Table
Meeting
November 19, 2024
Body
Victorville City Council
Original file
321 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, Drainage, Sewer, Street, LMAD & Monumentation Bond Totals:

Faithful Performance Security
Water Improvements – No. 30097298
Amount of ORIGINAL Security: $60,441.70
Amount of Security CURRENTLY: $60,441.70
Amount of Security being REDUCED: $48,358.16
Amount of Security REMAINING: $12,083.54

Faithful Performance Security
Drainage Improvements – No. 30097298
Amount of ORIGINAL Security: $3,300.00
Amount of Security CURRENTLY: $3,300.00
Amount of Security being REDUCED: $2,640.00
Amount of Security REMAINING: $660.00

Faithful Performance Security
Sewer Improvements – No. 30097298
Amount of ORIGINAL Security: $50,729.25
Amount of Security CURRENTLY: $50,729.25
Amount of Security being REDUCED: $40,583.40
Amount of Security REMAINING: $10,145.85

Faithful Performance Security
Street Improvements – No. 30097298
Labor & Materials Security
Water Improvements – No. 30097298
Amount of ORIGINAL Security: $30,220.85
Amount of Security CURRENTLY: $30,220.85
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $30,220.85

Labor & Materials Security
Drainage Improvements – No. 30097298
Amount of ORIGINAL Security: $1,650.00
Amount of Security CURRENTLY: $1,650.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $0.00

Labor & Materials Security
Sewer Improvements – No. 30097298
Amount of ORIGINAL Security: $25,364.63
Amount of Security CURRENTLY: $25,364.63
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $0.00

Labor & Materials Security
Street Improvements – No. 30097298

Amount of ORIGINAL Security: $441,054.74
Amount of Security CURRENTLY: $441,054.74
Amount of Security being REDUCED: $352,843.79
Amount of Security REMAINING: $88,210.95
Amount of ORIGINAL Security: $220,527.37
Amount of Security CURRENTLY: $220,527.37
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $0.00
Securities Table
Water, Drainage, Sewer, Street, LMAD & Monumentation Bond Totals:

Faithful Performance Security
LMAD Improvements – No. 30097299
Amount of ORIGINAL Security: $170,486.25
Amount of Security CURRENTLY: $0.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $0.00

Faithful Performance Security
Monumentation Improvements – 30104510

Amount of ORIGINAL Security: $12,100.00
Amount of Security CURRENTLY: $12,100.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $12,100.00

Developer:

Richmond American Homes of Maryland, Inc.
5171 California Ave Suite 120
Irvine, Ca 92617
Labor & Materials Security
LMAD Improvements – No. 30097299
Amount of ORIGINAL Security: $85,243.13
Amount of Security CURRENTLY: $0.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $0.00

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