For the Erosion and Sediment Control Bond, simply obtain a new bond meeting the county’s requirements and submit it along with a new Grading Permit Application with the new owner’s information to Building and Development. For a Performance Bond you must submit an executed Addendum to Performance Agreement – New Owner and the new collateral. Substituted surety must be of equal or better preference. This means that if the original collateral was a corporate surety bond, the county will accept another corporate surety bond, a letter of credit or cash escrow. If the original collateral was a letter of credit, another letter of credit or cash escrow may be substituted. Cash may only be substituted for cash. New letters of credit or corporate surety bonds must meet the county’s standards found in the Facilities Standards Manual Section §8.303(A) and (C). Find out more about substitutions here.