HomeMy WebLinkAboutBondAmountLetter_ChestnutSouth (2)
May 27, 2026 Cory Lockwood Trilogy Development
9839 W. Cable Car St., Suite 101 Boise ID 83709 RE: Performance Bond for Chestnut Heights South Mr. Lockwood,
Below is the bond amount for Chestnut Heights South Subdivision 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/check deposited, cashier’s check, or surety bond and held by the City until final completion of the development.
Chestnut Heights South
Project Item % Complete Bid Amount Bonding Amount
Sub-Total
Financial Guarantee
Amount
150% of Total $ 921,884.46
This application has a fee of $335.00. This fee shall not be included in the bond and shall be paid
separately.
If you have any questions please feel free to contact me. Katie Wright
Senior Planner
205 S 6th Avenue, Caldwell, ID 83605
P: (208) 455-4743 kwright@cityofcaldwell.org