August 11th, 2026

At their meeting on July 27th, Council gave first and second reading to the proposed amendments to modernize the City’s landscape security framework. The current model requires developers to post securities equal to 100% of the estimated landscape cost, leading to significant capital lock-up. To address these issues, staff propose to implement a risk-based sliding scale where the percentage of the landscape security decreases as the landscape estimate increases.  

The below table highlights the proposed risk-based sliding scale:

Additional information can be found in the full report by city staff.