BramptonPlanning ApplicationsSubdivisions & Condominiums

Irrevocable Standby Letter of Credit Template – Pre-Servicing

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 Template - Pre Servicing
Form reference
Letters of Credit Corporate Policy (Policy No. 13.7.0)
For
builder
Signed by
authorized signing officer
Building types
All building types
Pages
2
Submit to
Development Finance Division, Finance Department, 2nd floor City Hall
Valid for
One year from date of issue
Instruments
Bank Act, S.C. 1991, c. 46

Overview

The City of Brampton's Irrevocable Standby Letter of Credit Template – Pre-Servicing, a two-page draft for the issuing institution's letterhead in favour of the Corporation of the City of Brampton. It names the pre-servicing of external works for a draft plan, identified by its 21T number, as the obligation secured, and sets the amount available on demand, reduction by written notice, a one-year expiry with automatic renewal and partial drawings. A note to the authorized signing officer follows on the Letters of Credit Corporate Policy and the banks accepted.

What it covers

  • Irrevocable Standby Letter of Credit Template – Pre-Servicing
  • Note to the Authorized Signing Officer
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Irrevocable Standby Letter of Credit Template – Pre-Servicing

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