Cities Index.
Attachment B - Securities Table

Victorville City Council
April 7, 2026

Document
Attachment B - Securities Table
Meeting
April 7, 2026
Body
Victorville City Council
Original file
452 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, and Monumentation Bonds

Faithful Performance Security
Water Improvement - 83BSBIP5709 Labor & Materials Security Water Improvement - 83BSBIP5709
Amount of ORIGINAL Security: $49,089.70 Amount of ORIGINAL Security: $24,544.85 Amount of Security CURRENTLY: $9,817.94 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $9,817.94 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Drainage Improvement - 83BSBIP5709 Labor & Materials Security Drainage Improvement - 83BSBIP5709
Amount of ORIGINAL Security: $8,696.60 Amount of ORIGINAL Security: $4,348.30 Amount of Security CURRENTLY: $1,739.32 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $1,739.32 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Sewer Improvement - 83BSBIP5709 Labor & Materials Security Sewer Improvement - 83BSBIP5709
Amount of ORIGINAL Security: $84,278.70 Amount of ORIGINAL Security: $42,139.35 Amount of Security CURRENTLY: $16,855.74 Amount of Security CURRENTLY: $0.00 Amount of Security being REDUCED: $16,855.74 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Street Improvement - 83BSBIP5709 Labor & Materials Security Street Improvement - 83BSBIP5709
Amount of ORIGINAL Security: $740,916.29 Amount of ORIGINAL Security: $370,458.14 Amount of Security CURRENTLY: $148,183.26 Amount of Security CURRENTLY: $370,458.14 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $148,183.26 Amount of Security REMAINING: $370,458.14

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

Developer:

Richmond American Homes
5171 California Ave., Suite 120
Irvine, CA 92617
Faithful Performance Security
Monumentation Improvement – 83BSBIP5710
Amount of ORIGINAL Security: $30,954.00
Amount of Security CURRENTLY: $30,954.00
Amount of Security being REDUCED: $30,954.00
Amount of Security REMAINING: $0.00

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