HomeMy WebLinkAboutA011 - Memo regarding required security for subdivision - $20,000 Memo
City Clerk's Office
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TO: City Clerk's Office
FROM: Joys v Jo 11,(62 , Public Works Department
DATE:
SUBJECT: Required Security for Subdivision
A bond* in the amount of$ 201000 is required for the TK
Subdivision. The bond will secure acceptable performance of the following public improvements:
Improvement Amount
$ 7-01000
$
$
$
/dry
*Bond: Any form of security including a letter of credit, a cash deposit, surety bond, collateral, property
or instrument of credit in an amount and form satisfactory to the City Council.