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Chapter 15 — SUBDIVISIONS›Article X — SECURITY AND SECURITY RELEASE

SEC. 15-280. IMPROVEMENT SECURITY.

Oxnard Planning Code · 2026-07 edition · updated 2026-09-23 · Oxnard

(A) Any improvement, agreement, performance, or act required or authorized by the Subdivision Map Act, for which security may be required, shall be secured in the manner provided in Cal. Gov't Code, Section 66499.

(B) The improvement security shall be in an amount equal to 100% of the total estimated cost of the improvement or of the act to be performed, said security conditioned upon the faithful performance of the act or agreement, and an additional amount equal to 50% of the total estimated cost of the improvement or the performance of the act required, securing payment to the contractor, his/her subcontractors, and to persons furnishing labor, materials or equipment to said contractor or subcontractors for the improvement or performance of the required act.

(C) The improvement security shall secure the faithful performance of any changes or alterations in the work not to exceed 10% of the original estimated cost of the improvement.

(`64 Code, Sec. 27-111) (Ord. No. 1570, 1758, 1826)

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▸Contents — Oxnard Planning Code
Oxnard Planning Code
  1. Chapter 15 — SUBDIVISIONS
  2. ▸Chapter 15 — SUBDIVISIONS
    Overview
    1. Article I — GENERAL PROVISIONS
    2. Article II — MAPS
    3. Article III — PROCEDURES
    4. Article IV — DEDICATIONS AND RESERVATIONS
    5. Article V — IMPROVEMENTS AND STANDARDS
    6. Article VI — DEVELOPMENT FEE PROCEDURES
    7. Article VII — SOIL REPORTS
    8. Article VIII — REVERSION TO ACREAGE
    9. Article IX — IMPROVEMENT AGREEMENTS
    10. ▸Article X — SECURITY AND SECURITY RELEASE
      Overview
      1. SEC. 15-280. IMPROVEMENT SECURITY.
      2. SEC. 15-281. IMPROVEMENT SECURITY RELEASE.
    11. Article XI — EFFECT OF APPROVALS

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