§ 17.852.150 — Release of improvement security - Assessment district proceedings
Sacramento City Code (current through Supplement No. 4, July 2026, and Ord. 2026-0022) · Sacramento City Code § 17.852.150
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17.852.150 Release of improvement security - Assessment district proceedings.
If the required subdivision improvements are financed and installed pursuant to special assessment proceedings, upon the furnishing by the contractor of the faithful performance and payment bond required by the special assessment act being used, the improvement security of the subdivider may be reduced by the director of public works by the amount corresponding to the amount of such bonds furnished by the contractor. (Ord. 2017-0009 § 29)