Fontana

City Council

June 13, 2023 Consent Item #X

Agenda Item X

X. Approve a Bond Reduction for Tract No. 20362 (Duncan 21-2234\nCanyon Road, Sierra Avenue, and Cypress Avenue, Offsite\nImprovements) at The Gardens Village within The\nArboretum Specific Plan.\nApprove a reduction of the Faithful Performance and Labor and Materials\nbonds posted by North Fontana Investment Company, LLC, a Delaware\nlimited liability company for Tract No. 20362 (Duncan Canyon Road, Sierra\nAvenue, and Cypress Avenue, Offsite Improvements), located south of\nDuncan Canyon Road, west of Sierra Avenue, and east of Cypress Avenue\nat The Gardens Village within The Arboretum Specific Plan.