HomeMy WebLinkAboutBondAmountLetter_ValenciaVillageNo.2 (2)
March 31, 2026 Cory Lockwood Trilogy Development
9839 W. Cable Car St. Suite 101 Boise ID 83709 RE: Performance Bond for Valencia Village No. 3 Mr. Lockwood,
Below is the bond amount for Valencia Village Subdivision No. 2 calculated as outlined in City Code section 10-03-17. As stated in City Code Section 10-03-17 (3) financial guarantees may be in the form of cash deposited, cashier’s check, or surety bond and held by the City until final completion of the development.
Valencia Village phase 2
Project Item % Complete Bid Amount Bonding Amount
Sub-Total
Financial Guarantee
Amount
150% of Total $ 509,151
This application has a fee of $335.00. This fee shall not be included in the bond and shall be paid
separately at time of Surety Bond Agreement Signature.
If you have any questions please feel free to contact me.
Katie Wright, AICP
Senior Planner
205 S 6th Avenue, Caldwell, ID 83605 P: (208) 455-4743
kwright@cityofcaldwell.org