Cities Index.
Attachment B - Securities Table

Victorville City Council
March 4, 2025

Document
Attachment B - Securities Table
Meeting
March 4, 2025
Body
Victorville City Council
Original file
304 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 Labor & Materials Security Water Improvement Bond No. - 30139524 Water Improvement Bond No. - 30139524 Amount of ORIGINAL Security: $204,028,00 Amount of ORIGINAL Security: $102,014.00 Amount of Security CURRENTLY: $204,028.00 Amount of Security CURRENTLY: $102,014.00 Amount of Security being REDUCED: $163,222.40 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $40,805.60 Amount of Security REMAINING: $102,014.00 Faithful Performance Security Labor & Materials Security Drainage Improvement Bond No. - 30139524 Drainage Improvement Bond No. - 30139524 Amount of ORIGINAL Security: $187,403.76 Amount of ORIGINAL Security: $93,701.88 Amount of Security CURRENTLY: $187,403.76 Amount of Security CURRENTLY: $93,701.88 Amount of Security being REDUCED: $149,923.01 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $37,480.75 Amount of Security REMAINING: $93,701.88 Faithful Performance Security Labor & Materials Security Sewer Improvement Bond No. - 30139524 Sewer Improvement Bond No. - 30139524 Amount of ORIGINAL Security: $297,895.68 Amount of ORIGINAL Security: $148,947.84 Amount of Security CURRENTLY: $297,895.68 Amount of Security CURRENTLY: $148,947.84 Amount of Security being REDUCED: $238,316.54 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $59,579.14 Amount of Security REMAINING: $148,947.84 Faithful Performance Security Labor & Materials Security Street Improvement Bond No. - 30139524 Street Improvement Bond No. - 30139524 Amount of ORIGINAL Security: $1,398,908.06 Amount of ORIGINAL Security: $699,454.03 Amount of Security CURRENTLY: $1,398,908.06 Amount of Security CURRENTLY: $699,454.03 Amount of Security being REDUCED: $1,119,126.45 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $279,781.61 Amount of Security REMAINING: $699,454.03 Securities Table
Water, Sewer, Drainage, Street, LMAD & Monumentation Bond Totals:

Faithful Performance Security Labor & Materials Security LMAD Improvement Bond No. - 30139526 LMAD Improvement Bond No. - 30139526 Amount of ORIGINAL Security: $139,210,50 Amount of ORIGINAL Security: $69,605.25 Amount of Security CURRENTLY: $139,210.50 Amount of Security CURRENTLY: $69,605.25 Amount of Security being REDUCED: $111,368.40 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $27,842.10 Amount of Security REMAINING: $69,605.25 Faithful Performance Security
Monumentation Improvement Bond No. -
30139525
Amount of ORIGINAL Security: $5,225.00
Amount of Security CURRENTLY: $5,225.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $5,225.00
Developer:

Richmond American Homes
5171 California Ave
Corona, Ca 92879

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