1. The subject of the contract is the granting of a long-term loan in the amount of PLN 10,726,556.24. intended for:
- financing the budget deficit in the amount of PLN 7,392,156.24,
- repayment of previously taken loans and advances in the amount of PLN 3,334,400.00.
2) The service will be performed in compliance with the provisions of generally applicable law and on the terms set out in the model contract constituting Annex 4 to SWZ.
3) A detailed description of the subject of the contract is specified in Annex 5 to SWZ – Description of the subject of the contract.
1. The subject of the contract is the granting of a long-term loan in the amount of PLN 10,726,556.24
intended for:
- financing the budget deficit in the amount of PLN 7,392,156.24,
- repayment of previously taken loans and advances in the amount of PLN 3,334,400.00.
2. The credit shall include the following parameters:
1) Loan period: from signing the contract until 31 December 2036.
2) Grace period for repayment of capital: until 30 December 2024.
3) Repayment of capital instalments after the grace period in annual instalments from 31 December 2024 to 31 December 2036 payable at the end of each year, as follows:
- 2024 – PLN 50,000
- 2025 – PLN 50,000
- 2026 – PLN 50,000
- 2027 – PLN 50,000
- 2028 – PLN 50,000
- 2029 – PLN 50,000
- 2030 – PLN 200,000
- 2031 – PLN 1,235,000
- 2032 – PLN 1,315,000
- 2033 – PLN 1,845,000
- 2034 – PLN 1,720,000
- 2035 – PLN 1,700,000
- 2036 – PLN 2,411,556.24
If the repayment of capital installments falls on a free day - repayment will take place on the day preceding the day off.
4) Repayment of interest installments every month, from December 2023 to December 2036, payable at the end of each month.
5) Method of calculating interest: based on the base rate WIBOR 1M, increased by the Contractor's fixed margin (in relation to the actual number of days in the year 365/366).
6) Bank commission not exceeding 0.1% of the loan amount,
7) Security: blank promissory note with a promissory note declaration (countersigned by the Treasurer of the Lubicz Commune),
8) The possibility of repayment of part or all of the loan earlier than resulting from the schedule, without incurring any costs by the Ordering Party.
9) The Ordering Party has the right not to use the full amount of the loan without incurring additional costs. The credit will be made available to the Ordering Party on the basis of a written instruction within 4 days from the date of demand for the specified loan amount.
10) The Ordering Party has the option of repaying the loan ahead of schedule without the bank charging interest, contractual penalties and other fees.
11) The contracting authority does not allow partial and variant bids to be submitted.
12) The date of commencement of the implementation of the subject of the contract on the day of signing the contract.
13) Completion - payment of the loan by December 28, 2023 at the latest.
14) End of the loan repayment date: 31 December 2036 (with the possibility of early repayment of part or all of the loan).
3. The service will be performed in compliance with the provisions of generally applicable law and under the conditions specified in the model contract constituting Annex 4 to the SWZ.
4. A detailed description of the subject of the contract is set out in Annex 5 to the SWZ – Description of the subject of the contract.