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HomeMy WebLinkAboutBond Amount Letter_CH1 LLC Hangar July 20, 2026 James Steele CH1.LLC 13829 Santa Rita Dr. Nampa ID 83686 RE: Performance Bond for CH1 LLC Hangar Mr. Steele, Below is the bond amount for CH1 LLC Hangar 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. CH1 LLC Hangar Landscaping Project Item % Complete Bid Amount Bonding Amount Total Site Landscaping 0% $ 1,227 $ 1,840.5 Sub-Total $ 1,840.5 Financial Guarantee Amount 150% of Total $ 1,840.5 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. Garline Davis Planner I 205 S 6th Avenue, Caldwell, ID 83605 P: (208) 455-4523 gdavis@cityofcaldwell.org