BramptonPlanning ApplicationsSubdivisions & Condominiums

Irrevocable Standby Letter of Credit Template – Subdivision Agreements

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 Subdivision
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
3
Agencies
Regional Municipality of Peel
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 – Subdivision Agreements, a three-page draft for a bank's letterhead in favour of the Corporation of the City of Brampton. It names a Subdivision Agreement among the applicant, the City and the Regional Municipality of Peel, with the land description and 21T file number, as the obligation secured. Return instructions to Finance and a note to the bank manager on wording come first, then the standby credit text with one-year automatic renewal, and the Letters of Credit Corporate Policy note.

What it covers

  • Note to the Bank Manager
  • Irrevocable Standby Letter of Credit Template – Subdivision Agreements
  • Note to the Authorized Signing Officer
Check this against the municipality before you rely on it.

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Irrevocable Standby Letter of Credit Template – Subdivision Agreements

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