OakvillePlanning ApplicationsSite Plan

Development Agreement Pay-On-Demand Surety Bond

Published by Town of Oakville

The municipality lists what to submit. CodeEase shows what the building code asks of it. See CodeEase →

This is the Town of Oakville’s document, as published on its website on 22 October 2026. The municipality may have changed it since: check the current version at the source. Legal notice

Type: Form
Published by: Town of Oakville
Also called: Surety Bond Template
For: owner
Signed by: Principal · Surety
Building types: All building types
Pages: 4
Agencies: The Corporation of the Town of Oakville

Overview

The Town of Oakville's template for a Development Agreement Pay-On-Demand Surety Bond, a four-page form naming a Principal, a Surety and the Corporation of the Town of Oakville as Obligee. Seventeen numbered terms cover demand and default, payment, reduction and termination of the bond, notices, governing law and indemnity, followed by contact boxes for the Surety, Principal and Oakville's Development Finance group, signing blocks, and Schedule A, a Demand and Notice of Default. It is the surety counterpart to the Town's Letter of Credit template.

What it covers

Development Agreement Pay-On-Demand Surety Bond
Schedule A
Demand – Notice of Default

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