Brampton · Fees and chargeswritten
Published by City of Brampton under Securities
A draft template the City of Brampton publishes among its securities forms, for an irrevocable standby letter of credit drawn on a financial institution's letterhead with the Corporation of the City of Brampton at 2 Wellington Street West as beneficiary. The wording ties the amount drawn to development charges under by-laws 129-2019 to 136-2019 against a named building permit number. A closing note sets out the city's letters of credit corporate policy and names the six Schedule 1 banks it accepts.
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