Securities

Improvement  Security

Public Improvements, such as street, sewer, water, storm drain, etc. are to be secured with the in accordance with Victorville Municipal Code 17.64.60 along with the proper agreement per V.M.C. 17.64.050 for all new development. The amount of the security is based upon the approved Engineer’s Cost Estimate. The agreements, cost estimates and security forms have all been standardized and are provided below.

Bond Release Procedure- Use when all the improvements have been completed.

Cash Security

Monumentation Performance Bond

Faithful Performance Bond

Labor & Materials Bond

Letter of Credit

Lien Agreement