BramptonFees & ChargesDevelopment Charges
Irrevocable Standby Letter of Credit Template – Development Charges
Published by City of Brampton
This is the City of Brampton’s document, as published on its website on 19 October 2026. The municipality may have changed it since: check the current version at the source. Legal notice
- Type
- Form
- Published by
- City of Brampton
- Also called
- Letter of Credit Development Charges
- Form reference
- Letters of Credit Corporate Policy (Policy No. 13.7.0)
- For
- any
- Signed by
- authorized signing officer of the issuing bank
- Building types
- All building types
- Pages
- 2
- Covers note
- Printed as one continuous template letter followed by a note to the authorized signing officer, so that note is the only printed heading.
- Instruments
- Bank Act (S.C. 1991, c. 46) · By-laws 129-2019 to 136-2019
Overview
A two-page City of Brampton template, marked draft only, for an irrevocable standby letter of credit on a financial institution's letterhead, with the Corporation of the City of Brampton at 2 Wellington Street West as beneficiary. The wording ties any amount drawn to development charges under By-laws 129-2019 to 136-2019 for a named building permit number, with a one-year term that renews automatically. A closing note sets out the City's Letters of Credit Corporate Policy and names the six Schedule 1 banks it accepts.
What it covers
- Note to the authorized signing officer:
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