Cities Index.
11 - Reduction of Securities for Tract Map No. 14933

Victorville City Council
January 20, 2026

Document
11 - Reduction of Securities for Tract Map No. 14933
Meeting
January 20, 2026
Body
Victorville City Council
Original file
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Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

Item Number: 11
City Council / Board of Directors
Consent Calendar
Meeting of: January 20, 2026
Submitted By:

Fredy Bonilla, City Engineer

Subject:

Reduction of Securities for Tract Map No. 14933
Recommendation:

That the Honorable City Council:
(1) Approve an 80-percent release of Street Faithful Performance Security for Tract Map No. 14933; and
(2) Accept the completed street public improvements.

Fiscal Impact:

There is no fiscal impact as a result of this action.

Strategic Plan Goal:

This item aligns with Goal E, Invest in Infrastructure, in the City of Victorville Strategic Plan 2023-2026. Although this is not a Capital Improvement Project, we apply the same strategy to private development projects as they are essential in meeting the community’s needs.

Background:

Tract Map No. 14933 (hereinafter referred to as "Tract 14933") is a subdivision of 84 single-family lots located at the northwest corner of Pinos Verde Lane and Mesa Linda Avenue. In 2006, Victor Investments, LLC, as the developer of Tract 14933, recorded the map after entering into a Subdivision Agreement and posting securities for the required public improvements. Victor Investments, LLC, began installing the public improvements; however, due to the economic downturn of 2008, development came to a halt. At the regularly scheduled City Council meeting on November 16, 2021, the City entered into a Subdivision Improvement Agreement with Richmond American Homes of Maryland, Inc.

The conditions of approval for the tract required Richmond American Homes of Maryland, Inc. to complete various infrastructure components, including water, drainage, sewer, 4 5
0 9
street and monumentation improvements. The developer has since made significant progress in the development of the tract.

Discussion:

The developer has completed the street public improvements for Tract Map No. 14933.

Therefore, staff recommends that the City Council approve an 80-percent reduction in the Faithful Performance Securities, in accordance with Victorville Municipal Code (VMC) Section 17.64.070(1) and accept the completed street public improvements. The remaining 20-percent of the Faithful Performance Securities will be held for the one-year warranty period, as required in VMC Section 17.64.070(4).

Staff is available to answer any questions Council may have.

Prepared By:

Nicoale Sylvestre, Management Specialist
Attachments: A. Vicinity Map
B. Securities Table
C. Existing Securities

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