Taking a long-term loan to finance the planned deficit and repayment of previously incurred liabilities under loans up to the amount of: PLN 6,985,900.00 (in words: six million nine hundred eighty-five thousand nine hundred zlotys 00/100).

Credit characteristics:

1) Taking a long-term bank loan up to the amount of: PLN 6,985,900.00 (in words: six million nine hundred eighty-five thousand nine hundred zlotys 00/100).

The Ordering Party reserves the right to charge a loan in a smaller amount at no additional cost;

2) The date of signing the contract will be the date of placing the loan at the disposal of the Ordering Party on dates and tranches tailored to the needs of the Ordering Party using the loan until 31.12.2023 on the basis of written instructions of the Ordering Party;

3) The written order of the Ordering Party shall be executed within a maximum of 3 working days from receipt of the instruction from the Ordering Party; ...

Taking a long-term loan to finance the planned deficit and repayment of previously incurred liabilities under loans up to the amount of: PLN 6,985,900.00 (in words: six million nine hundred eighty-five thousand nine hundred zlotys 00/100).

Credit characteristics:

1) Taking a long-term bank loan up to the amount of: PLN 6,985,900.00 (in words: six million nine hundred eighty-five thousand nine hundred zlotys 00/100).

The Ordering Party reserves the right to charge a loan in a smaller amount at no additional cost;

2) The date of signing the contract will be the date of placing the loan at the disposal of the Ordering Party on dates and tranches tailored to the needs of the Ordering Party using the loan until 31.12.2023 on the basis of written instructions of the Ordering Party;

3) The written instruction of the Ordering Party will be carried out within a maximum of 3 working days from the receipt of the instruction from the Ordering Party;

4) The loan will be repaid in installments, taking into account the loan repayment schedule required by the Ordering Party in accordance with Appendix No. 5 to SWZ;

5) Interest on the Loan will be payable quarterly until the last day of the month ending the quarter for which it was accrued, excluding interest due for the last accounting period calculated from the date of full repayment of the Loan, which will be repaid on the repayment date of the last installment of the Loan;

6) Interest due is calculated for each day of using the loan, counting from the date of its granting. Interest is calculated in quarterly periods and the Borrower should be informed about their amount no later than by the 20th day of the month ending the quarter;

7) The payment of interest shall be the date on which the receivables are credited to the credit account;

(8) If the due date falls on a public holiday, interest shall be paid on the first working day following the public holiday;

9) The costs of servicing the loan are:

— Interest rate on the loan – variable, reference rate WIBOR 1M (the rate will be updated by the bank every month), where WIBOR 1M from the quarter is to be calculated as the arithmetic average of the last 3 months (e.g. for the month of September the arithmetic mean of the months: June, July and August);

— Plus the Bank's margin;

10) The settlement between the Contracting Authority and the Contractor shall be made in Polish zlotys;

11) The loan will be secured by a blank promissory note with a promissory note declaration;

12) The bank will not charge any commissions and additional margins on the loan;

(13) When calculating interest, a year is assumed to be 365 days;

14) The Ordering Party has the right to make an early repayment of the loan in whole or in part without prior notification to the Lender and without incurring any charges in this respect. In the case of early, partial repayment of the loan, the loan period remains unchanged, unless the Borrower submits a different instruction in writing;

15) The borrower, in the event of early repayment of part of the loan, must indicate the specific loan installments from the schedule to which he made the payment;

16) The Ordering Party reserves the right to resign from all or part of the credit granted, without additional fees, commissions and penalties;

17) The Ordering Party reserves the right to repay the loan early without incurring costs without the need to obtain additional consent of the bank, interest will be calculated until the date of repayment of the loan, and not until the end of the contract;

(18) Capitalisation of interest is unacceptable;

19) The credit may not be charged with other fees and commissions;

20) The Ordering Party shall not fill in any attachments sent by the Contractors, tables constituting templates developed by the Contractors. However, in accordance with the Public Procurement Law, it will answer any question regarding the SWZ and provide information necessary to examine the creditworthiness of the municipality, as well as to prepare and submit an offer;

Further part of the description - Chapter 4 SWZ