The subject of the contract is the granting and servicing of a PLN bank loan up to PLN 7,000,000.00

Purpose of the loan: financing of the planned budget deficit of the Municipality of Szydłowo in 2022 in the amount of PLN 5,683,257.57 and weaves previously incurred liabilities due to loans and advances in the amount of PLN 1,316,742.43.

1. The subject of the contract is the granting and servicing of a PLN bank loan up to PLN 7,000,000.00

1) purpose of the loan: financing of the planned budget deficit of the Municipality of Szydłowo in 2022 in the amount of PLN 5,683,257.57 and weaves previously incurred liabilities due to loans and advances in the amount of PLN 1,316,742.43,

2) loan amount: up to PLN 7,000,000.00. (in words: seven million zlotys 00/100),

3) the minimum guaranteed loan amount of PLN 500,000.00 is set (in words: five hundred thousand zlotys 00/100),

4) type of loan: long-term,

5) loan period: from the date of starting the first tranche to 30.11.2036.

6) interest payment from January 31, 2023

7) repayment of the loan in Polish zlotys, capital in 32 (in words: thirty-two) installments

on the dates specified in the repayment schedule specified in the loan agreement, interest payable on a monthly basis at the end of each month,

8) the amount of interest will be determined each time in the notification sent by the bank,

9) it is established that the maximum amount of interest may not exceed four times the NBP lombard loan rate (maximum interest) on an annual basis. If the amount of interest exceeds the maximum interest rate, maximum interest is due,

10. if the due date of payment of capital and interest falls on a non-working day, payment shall be made on the first working day after the due date,

11) variable interest rate on an annual basis based on the WIBOR 1M rate increased or reduced by the margin of the Bank – lender,

12) interest will be charged on the loan actually used,

13) any commission is included in the margin,

14) the contracting authority defines as a possible form of securing the loan a blank promissory note,

15) for the purposes of the loan agreement and the calculation of the offer price, the actual calendar is assumed,

16) the loan will be activated in tranches or once, depending on the needs of the ordering party, to the current account of the Municipality,

17) grace period in loan repayment until the end of 2028.