Rancho Santa Margarita, California · General provision
Sec. 9.10.080(g)
Extracted standards
1 individual requirements pulled out of this section’s prose, each with the sentence it came from.
Other
- Improvement security amount as percentage of estimated cost100 pct
Security in the form specified by Subdivision Map Act shall be furnished with every improvement agreement. The amount of the security shall be as follows: If bonds are furnished by one of the authorized corporate sureties: a performance bond in the amount of 100 percent of the estimated cost of the improvement.
From the ordinance
Security in the form specified by Subdivision Map Act shall be furnished with every improvement agreement. The amount of the security shall be as follows: If bonds are furnished by one of the authorized corporate sureties: a performance bond in the amount of 100 percent of the estimated cost of the improvement.