Cities Index.
Attachment B - Securities Table

Victorville City Council
December 17, 2024

Document
Attachment B - Securities Table
Meeting
December 17, 2024
Body
Victorville City Council
Original file
456 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
Street, Drainage, Sewer, Water, LMAD & Monumentation:

Faithful Performance Security
Street Improvements – No. 1155776 Labor & Materials Security Water Improvements – No. 1155776
Amount of ORIGINAL Security: $1,428,288.40 Amount of ORIGINAL Security: $65,078.75 Amount of Security CURRENTLY: $285,657.68 Amount of Security CURRENTLY: $65,078.75 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $285,657.68 Amount of Security REMAINING: $65,078.75 Faithful Performance Security
Storm Drain Improvements – No. 1155778 Labor & Materials Security Storm Drain Improvements – No. 1155778
Amount of ORIGINAL Security: $6,380.00 Amount of ORIGINAL Security: $3,190.00 Amount of Security CURRENTLY: $1,276.00 Amount of Security CURRENTLY: $3,190.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $1,276.00 Amount of Security REMAINING: $3,190.00 Faithful Performance Security
Sewer Improvements – No. 1155779 Labor & Materials Security Sewer Improvements – No. 1155779
Amount of ORIGINAL Security: $34,366.75 Amount of ORIGINAL Security: $17,183.38 Amount of Security CURRENTLY: $6,873.35 Amount of Security CURRENTLY: $17,183.38 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $6,873.35 Amount of Security REMAINING: $17,183.38 Faithful Performance Security
Water Improvements – No. 1155776 Labor & Materials Security Water Improvements – No. 1155776
Amount of ORIGINAL Security: $130,157.50 Amount of ORIGINAL Security: $65,078.75 Amount of Security CURRENTLY: $26,031.50 Amount of Security CURRENTLY: $65,078.75 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $26,031.50 Amount of Security REMAINING: $65,078.75

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

Developer:

K. Hovnanian CA Land Holdings, LLC
1260 Corona Pointe Ct Suite 301
Corona, Ca 92879

Faithful Performance Security
LMAD Improvements – No. 1155781 Labor & Materials Security LMAD Improvements – No. 1155781
Amount of ORIGINAL Security: $200,664.42 Amount of ORIGINAL Security: $100,332.21 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
Monumentation Improvements – No. 1155780
Amount of ORIGINAL Security: $43,109.00
Amount of Security CURRENTLY: $43,109.00
Amount of Security being REDUCED: $43,109.00
Amount of Security REMAINING: $0.00

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