Cities Index.
Attachment B - Securities Table

Victorville City Council
November 18, 2025

Document
Attachment B - Securities Table
Meeting
November 18, 2025
Body
Victorville City Council
Original file
147 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 and Monumentation

Faithful Performance Security
Water Improvements – No. 024244188
Labor & Materials Security
Water Improvements – No. 024244188
Amount of ORIGINAL Security: $1,146,997.50 Amount of ORIGINAL Security: $573,498.75 Amount of Security CURRENTLY: $458,799.00 Amount of Security CURRENTLY: $573,498.75 Amount of Security being REDUCED: $229,399.50 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $229,399.50 Amount of Security REMAINING: $573,498.75 Faithful Performance Security
Drainage Improvements – No. 024244188
Labor & Materials Security
Drainage Improvements – No. 024244188
Amount of ORIGINAL Security: $1,067,070.48 Amount of ORIGINAL Security: $533,535.24 Amount of Security CURRENTLY: $1,067,070.48 Amount of Security CURRENTLY: $533,535.24 Amount of Security being REDUCED: $853,656.38 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $213,414.10 Amount of Security REMAINING: $533,535.24 Faithful Performance Security
Sewer Improvements – No. 024244188
Labor & Materials Security
Sewer Improvements – No. 024244188
Amount of ORIGINAL Security: $1,362,372.00 Amount of ORIGINAL Security: $681,186.00 Amount of Security CURRENTLY: $544,948.80 Amount of Security CURRENTLY: $681,186.00 Amount of Security being REDUCED: $272,474.40 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $272,474.40 Amount of Security REMAINING: $681,186.00 Faithful Performance Security
Street Improvements – No. 024244188
Labor & Materials Security
Street Improvements – No. 024244188
Amount of ORIGINAL Security: $3,303,649.31 Amount of ORIGINAL Security: $1,651,824.66 Amount of Security CURRENTLY: $3,303,649.31 Amount of Security CURRENTLY: $1,651,824.66 Amount of Security being REDUCED: $1,982,189.59 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $1,321,459.72 Amount of Security REMAINING: $1,651,824.66

Securities Table
Water, Drainage, Sewer, Street, LMAD and Monumentation

Faithful Performance Security
Monumentation Improvements – No. 024244188

Developer:

KB Home Greater Los Angeles, Inc.
36310 Inland Valley Drive Suite 300
Wildomar, Ca 92595
Faithful Performance Security
LMAD Improvements – No. 024247081
Labor & Materials Security
LMAD Improvements – No. 024247081
Amount of ORIGINAL Security: $223,932.94 Amount of ORIGINAL Security: $111,966.47 Amount of Security CURRENTLY: $44,786.59 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $44,786.59 Amount of Security REMAINING: $0.00 Amount of ORIGINAL Security: $63,360.00
Amount of Security CURRENTLY: $31,679.94
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $31,679.94

← All documents from this meeting