City Council

3.A.4. Release of Security Deposit for Indemnification Agreement of Tract 28224\n(Maravilla)\nRECOMMENDATION:\nStaff recommends that the City Council authorize the Finance Department to\nrelease the $100,000 security deposit provided by SanJac 55, LLC under the\nSecured Agreement to Indemnify and Hold Harmless (approved July 15,\n2025) for Tract 28224.\nDepartment:\nCommunity Development