Your application form to enrol in the property tax monthly payment plan states the following terms and conditions:
The applicant(s) authorizes the referenced bank to debit their account for the monthly tax installment payment payable to the City of Edmonton on the first business day of each month as payment in part of the current taxes for the property/business.
The account must be at a NIL balance at year end to participate in the Monthly Payment Plan in the following year. The City of Edmonton has the right to cancel participation in the plan without notice if any two payments are not honoured by the participant’s bank. Unpaid taxes as of the date of termination of the plan will be subject to penalties as outlined in the Tax Penalty Bylaw.
There may be changes in the amount of the instalment payment each year as a result of the City’s annual tax levy.
Notification of any changes will be detailed on the Annual Tax Notice. The participant will be given fifteen (15) days notice before payment amounts are changed for any other reason.
You have certain recourse rights if any debit does not comply with this agreement. For example, you have the right to receive reimbursement for any debit that is not authorized or is not consistent with this Agreement. To obtain more information on your recourse rights, contact your financial institution or visit Canadian Payments Association.
Signators of a corporation are required to provide a corporate search and may need to provide an affidavit of execution indicating their authority to sign on behalf of the corporation.