I/we authorize the City of Owen Sound (the City), and the financial institution designated (or any other financial institution I/we may authorize at any time) to begin pre-authorized debit (PAD) deductions as per my/our instructions for regular recurring payments on the due date of the City account(s).
The City will provide details on the amount(s) payable as well as the date(s) the amount will be debited. The City may not assign this authorization, whether directly or indirectly, by operation of law, change of control or otherwise, without providing at least 10 days prior written notice to me/us.
I/we acknowledge that it is my sole responsibility to notify the City of any changes to my bank/financial account, street mailing address, email address, or if the property has sold or changed tenancy. This notification must be recieved at least 10 business days before the next debit is scheduled. This authority for pre-authorized debit is to remain in effect until the City finance department has received written notification from me/us of its change or termination.
I/we have certain recourse rights if any debit does not comply with this agreement. For example, I/we have the right to receive reimbursement for any PAD that is not authorized or is not consistent with this PAD agreement. For more information on my/our recourse rights, I/we may contact my/our financial institution or visit www.cdnpay.ca.
I/we understand, accept and will participate in this PAD agreement as outlined above. I/we certify by electronically accepting this PAD agreement that this constitutes proper signature authorization for the PAD agreement to proceed. I/we acknowledge that if there are two returned payments within one calendar year, the City reserves the right to revoke participation in the PAD plan. Any returned payments are subject to the applicable fee as outlined in the City's Fees and Charges By-law.
