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HomeMy WebLinkAboutBond Amount Letter - Cirrus Pointe West (2) October 30, 2025 Darren Lloyd Lennar Homes of Boise 408 S Eagle Rd Ste 100 Eagle ID 83616 RE: Performance Bond for Cirrus Pointe West (SFP24-000029) Mr. Lloyd, Below is the bond amount for Cirrus Pointe West 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 deposited, cashier’s check, or surety bond and held by the City until final completion of the development. Cirrus Pointe West 10/30/2025 Project Item % Complete Bid Amount Bonding Amount Sub-Total Financial Guarantee Amount 150% of Total $ 1,117,909.50 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. Joe Dodson Principal Planner/Planning Supervisor 205 S 6th Avenue, Caldwell, ID 83605 P: (208) 455-4523 jdodson@cityofcaldwell.org