The subject of the contract is the Granting of a long-term loan in the amount of PLN 3,500,000.00 to the Municipality of Zgorzelec." The contracting authority will allocate funds from the loan to finance the repayment of previously incurred liabilities under loans and to finance the planned deficit of the municipal budget in 2022, in accordance with Article 89(1)(2) and (3) of the Act of 27 August 2009 on public finances (i.e. Journal of Laws of 2022, item 1634). The loan will be granted for the period from the date of conclusion of the agreement to 30 June 2027. The deadline for using the loan is December 20, 2022. The Ordering Party shall have the right to submit a written statement of resignation from further use of the loan.

1. The subject of the contract is the service entitled "Granting the Municipality of Zgorzelec a long-term loan to repay previously incurred liabilities under loans and credits and to finance the planned municipal deficit in the amount of PLN 3,500,000.00".

2. Planned dates of mobilisation of individual tranches of the loan:

1. I tranche - until 25 October 2022 in the amount of PLN 2,000,000.00;

2. II tranche - until 10 November 2022 in the amount of PLN 500,000.00;

3. III tranche – until 25 November 2022 in the amount of PLN 500,000.00;

4. IV tranche – until 20 December 2022 in the amount of PLN 500,000.00.

4. The contracting authority will allocate funds from the loan to finance the repayment of previously incurred liabilities under the loans and to finance the planned deficit of the municipal budget in 2022.

5. The loan will be granted for the period from the date of conclusion of the agreement to 30 June 2027.

6. The Contractor shall open a credit account at the latest on the date of conclusion of the contract and will maintain it free of charge during the performance of this loan agreement.

7. The Contractor shall launch all loan installments in accordance with the Employer's instructions without charging a commission on the unused part of the loan.

8. The Contractor shall release the credit funds in accordance with the Ordering Party's instructions without submitting a separate loan application subject to consideration.

9. The deadline for using the loan is 20 December 2022.

10. The Awarding Entity will have the right to submit a written statement of resignation from further use of the loan.

11. The loan will be used in Polish currency.

12. The amount of credit used shall bear interest on an annual basis at a variable interest rate. The interest rate will be equal to the WIBOR base rate for the 3-month period in force in the period for which interest is calculated plus a fixed margin of the Contractor, determined on the basis of the submitted offer.

13. The amount of the WIBOR base rate for the 3-month period is set as the average rate for one month and published at the end of each period by the Bank.

14. The published rate applies from the first day of the beginning of the next period, i.e. the first day of the month, to the last day of the period, i.e. the last day of the month.

15. Interest on the loan shall be calculated on a monthly basis and payable on a monthly basis until the 10th or 20th of each month for the preceding month, on the basis of a notification sent by the Bank. For the purposes of calculating the price, the loan should be launched on October 10, 2022.

16. When calculating interest, it is assumed that the month has the actual number of calendar days and the year the actual number of days in the year, i.e. 365 or 366 days.

17. The amount of the base rate (WIBOR 3M) constituting the basis for calculating the interest rate on the loan in a given month and the amount of accrued interest for a given month, the Ordering Party shall be notified in writing by the Contractor by the 20th day of that month.

18. The Contractor's margin is fixed during the contractual loan period.

19. The Ordering Party reserves the right to change the content of the contract in terms of the dates of the repayment schedule of capital installments and their amount without charging a commission in this respect.

20. The Ordering Party shall not bear other additional costs related to the servicing of the loan.

21. In addition, the Ordering Party informs that:

1. on the blank promissory note and the Treasurer's promissory note declaration, countersignature

2. provides for the signing of a declaration of submission to enforcement with the countersignature of the Treasurer

3. has no arrears to the Social Insurance Institution and to the Tax Office

22. Other relevant provisions of the contract:

1. Loan collateral - blank promissory note with a promissory note declaration.

2. The possibility of early repayment of the loan at no additional cost.

3. Accrual of interest on the credit actually used