Cities Index.
Attachment B - Securities Table

Victorville City Council
October 6, 2026

Document
Attachment B - Securities Table
Meeting
October 6, 2026
Body
Victorville City Council
Original file
406 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 Bonds Faithful Performance Security
Water Improvement - 08BSBIM2747
Labor & Materials Security
Water Improvement - 08BSBIM2747
Amount of ORIGINAL Security: $1,313,211.79 Amount of ORIGINAL Security: $656,605.90 Amount of Security CURRENTLY: $1,313,211.79 Amount of Security CURRENTLY: $656,605.90 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $1,313,211.79 Amount of Security REMAINING: $656,605.90 Faithful Performance Security
Drainage Improvement -08BSBIM2746
Labor & Materials Security
Drainage Improvement - 08BSBIM2746
Amount of ORIGINAL Security: $296,483.28 Amount of ORIGINAL Security: $148,241.64 Amount of Security CURRENTLY: $296,483.28 Amount of Security CURRENTLY: $148,241.64 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $296,483.28 Amount of Security REMAINING: $148,241.64 Faithful Performance Security
Sewer Improvement - 08BSBIM2748
Labor & Materials Security
Sewer Improvement - 08BSBIM2748
Amount of ORIGINAL Security: $1,481,640.49 Amount of ORIGINAL Security: $740,820.25 Amount of Security CURRENTLY: $1,481,640.49 Amount of Security CURRENTLY: $740,820.25 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $1,481,640.49 Amount of Security REMAINING: $740,820.25 Faithful Performance Security
Street Improvement - 08BSBIP9683
Labor & Materials Security
Street Improvement - 08BSBIP9683
Amount of ORIGINAL Security: $4,782,217.05 Amount of ORIGINAL Security: $2,391,108.53 Amount of Security CURRENTLY: $4,728,217.05 Amount of Security CURRENTLY: $2,391,108.53 Amount of Security being REDUCED: $0.00 Amount of Security being REDUCED: $0.00 Amount of Security REMAINING: $4,728,217.05 Amount of Security REMAINING: $2,391,108.53 Developer:

LGI Homes – California, LLC
2251 Douglas Blvd., Suite #110
Roseville, CA 95661
Faithful Performance Security
LMAD Improvement – 08BSBIP9684
Labor & Materials Security
LMAD Improvement - 08BSBIP9684
Amount of ORIGINAL Security: $927,962.31 Amount of ORIGINAL Security: $463,981.16 Amount of Security CURRENTLY: $185,592.46 Amount of Security CURRENTLY: $463,981.16 Amount of Security being REDUCED: $185,592.46 Amount of Security being REDUCED: $463,981.16 Amount of Security REMAINING: $0.00 Amount of Security REMAINING: $0.00 Faithful Performance Security
Monumentation Improvement – 08BSBIM2745
Amount of ORIGINAL Security: $95,500.00
Amount of Security CURRENTLY: $95,500.00
Amount of Security being REDUCED: $0.00
Amount of Security REMAINING: $95,500.00

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