Cities Index.
Attachment B - Securities Table

Victorville City Council
February 18, 2025

Document
Attachment B - Securities Table
Meeting
February 18, 2025
Body
Victorville City Council
Original file
416 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: $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
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: $129,998.00 Amount of Security REMAINING: $51,999.20 Amount of Security REMAINING: $0.00 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: $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
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: $347,599.01 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: $347,599.01 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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