CONSTRUCTIONAPPROVED

City of Lathrop Resolution 25- Approving Final Map Tract 4207

Lathrop Approves River Islands Tract 4207 Subdivision Agreement

$24,970 (cost to complete unfinished improvements); Performance Bond: $27,467; Labor & Materials Bond: $13,734City of LathropRIVER ISLANDS DEVELOPMENT AREA 1 LLCOctober 13, 2025

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Description

The City of Lathrop approved a Subdivision Improvement Agreement with River Islands Development Area 1, LLC to guarantee the completion of public improvements for Tract 4207 Village 44 Unit 1. The agreement is secured by performance and labor & materials bonds to cover unfinished construction valued at $24,970, with the overall public improvements estimated at $1,786,000. A one-year warranty bond is required upon acceptance of the work.

Contract Details

Contract Amount

$24,970 (cost to complete unfinished improvements); Performance Bond: $27,467; Labor & Materials Bond: $13,734

Vendor

RIVER ISLANDS DEVELOPMENT AREA 1 LLC

Agency

City of Lathrop, CA

Contract Type

CONSTRUCTION

Document Date

October 13, 2025

Contract Term

Through October 13, 2026, or certificate of occupancy for last home, whichever comes first. One (1) year warranty period after acceptance of improvements.

Renewal Date

2026-10-13

Renewal Info

Improvements must be completed prior to October 13, 2026 or prior to the last occupancy. Includes 1 year maintenance/warranty period after City acceptance; no auto-renewal, extensions available only by City written consent.

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