Bond Information

Are you the developer of a housing tract or major commercial/industrial project? If so, you will need several different types of bonds for your project. These four bonds are the most commonly used.

For projects that include a subdivision of land, a Final Tract Map and a Subdivision Agreement, Improvement Securities (Faithful Performance, Labor & Material and Monument bonds) shall be submitted to the City to assure completion of the required public improvements by the developer. After the improvements have been completed, a Guarantee and Warranty bond (for guarantee and warranty of the associated public improvement for a period of one year) shall be submitted to the City and the public improvements will be formally accepted.

Faithful Performance Bond (word)
Labor & Material Bond (word)
Guarantee & Warranty Bond (word)
Monument Bond (word)

Did you know?

Planning Commission meetings are held on the 2nd and 4th Tuesdays of each month. Meeting Agendas, Action Agendas, and Minutes are available to view online.