California Court of Appeal April 20, 2004, B168458 (Citizens for Goleta Valley v. HT Santa Barbara)

Opinion

YEGAN, J.

HT Santa Barbara and Great Universal Capital Corporation (GUCC) appeal from the judgment entered after a court trial in favor of Citizens for Goleta Valley (Citizens) and Goleta Valley Land Trust, respondents. The judgment requires appellants to provide a bond or letter of credit securing their payment obligations pursuant to a settlement agreement. We affirm.