Cities Index.
Attachment B - Securities Table

Victorville City Council
October 7, 2025

Document
Attachment B - Securities Table
Meeting
October 7, 2025
Body
Victorville City Council
Original file
424 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 Improvement Bond No. - 30139524 Labor & Materials Security Water Improvement Bond No. - 30139524
Amount of ORIGINAL Security: $204,028.00 Amount of ORIGINAL Security: $102,014.00 Amount of Security CURRENTLY: $40,805.60 Amount of Security CURRENTLY: $102,014.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $102,014.00 Amount of Security REMAINING: $40,805.60 Amount of Security REMAINING: $0.00 Faithful Performance Security
Drainage Improvement Bond No. - 30139524 Labor & Materials Security Drainage Improvement Bond No. - 30139524
Amount of ORIGINAL Security: $187,403.76 Amount of ORIGINAL Security: $93,701.88 Amount of Security CURRENTLY: $37,480.75 Amount of Security CURRENTLY: $93,701.88 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $93,701.88 Amount of Security REMAINING: $37,480.75 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvement Bond No. - 30139524 Labor & Materials Security Sewer Improvement Bond No. - 30139524
Amount of ORIGINAL Security: $297,895.68 Amount of ORIGINAL Security: $148,947.84 Amount of Security CURRENTLY: $59,579.14 Amount of Security CURRENTLY: $148,947.84 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $148,947.84 Amount of Security REMAINING: $59,579.14 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvement Bond No. - 30139524 Labor & Materials Security Street Improvement Bond No. - 30139524
Amount of ORIGINAL Security: $1,398,908.06 Amount of ORIGINAL Security: $699,454.03 Amount of Security CURRENTLY: $279,781.61 Amount of Security CURRENTLY: $699,454.03 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $699,454.03 Amount of Security REMAINING: $279,781.61 Amount of Security REMAINING: $0.00 Securities Table
Water, Sewer, Drainage, Street, LMAD & Monumentation Bond Totals:

Developer:

Richmond American Homes
5171 California Ave
Corona, Ca 92879

Faithful Performance Security
LMAD Improvement Bond No. - 30139526 Labor & Materials Security LMAD Improvement Bond No. - 30139526
Amount of ORIGINAL Security: $139,210.50 Amount of ORIGINAL Security: $69,605.25 Amount of Security CURRENTLY: $27,842.10 Amount of Security CURRENTLY: $69,605.25 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $69,605.25 Amount of Security REMAINING: $27,842.10 Amount of Security REMAINING: $0.00

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: $5,225.00
Amount of Security REMAINING: $0.00

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