The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 5,244,443.99. The loan will be used to finance the planned budget deficit of up to PLN 3,344,150.71 and to repay previously incurred liabilities under loans and advances in the amount of PLN 1,900,293.28.

The Contractor shall take into account the expenses already incurred by the Contracting Entity.

The subject of the contract is the granting and servicing of a long-term loan in the amount of PLN 5,244,443.99. The loan will be used to finance the planned budget deficit of up to PLN 3,344,150.71 and to repay previously incurred liabilities under loans and advances in the amount of PLN 1,900,293.28.

The Contractor will take into account the expenses already incurred by the Contracting Authority. The subject of the contract will be carried out in accordance with the following assumptions:

1) the amount of the loan PLN 5,244,443.99 (say: five million two hundred forty-four thousand four hundred forty-three zlotys groszy 99/100) may be reduced, but not more than to PLN 1,000,000.00,

2) the loan will be granted in PLN (PLN),

3) the loan will be disbursed once. Determination of loan payment tranches and deadlines for placing them at the disposal of the Ordering Party shall be made by submitting a written request for funds by the Ordering Party, while the demand for its validity will be submitted in writing,

4) loan period - 12 years,

5) grace period for loan repayment: until 31/03/2024

6) repayment of interest without grace period,

7) The repayment of the loan principal installment will be as follows:

- in the years 2024-2030 – instalments of PLN 25,000.00 payable on 31 March, 30 June, 30 September and 30 November.

- in 2031 – instalments of PLN 150,000.00 payable on 31 March, 30 June, 30 September and 30 November.

- in 2032 – instalments of PLN 125,000.00 on 31 March, 30 June, 30 September and 30 November.

- in the years 2033-2034 – instalments in the amount of PLN 325,000.00 payable on 31 March, 30 June, 30 September and 30 November.

- in 2035 - an installment of PLN 200,000.00 on 31 March, an installment of PLN 200,000.00 on 30 June, an installment of PLN 200,000.00 payable on 30 September and 30 November, an installment payable in the amount of PLN 244,443.99

If the due date falls on a non-working day, the next working day shall be deemed to have met the deadline.

8) the loan amount will bear interest on an annual basis, at a variable interest rate. The interest rate shall be equal to the reference rate, increased by the Contractor's margin. The reference rate will be the WIBOR 3 M rate from the last quotation in the month preceding the month for which interest will be calculated, increased by the contractor's fixed margin determined on the basis of the submitted offer. The Contractor's margin will be fixed. Interest on the loan will be calculated on the loan amount actually used. The accrued interest on the loan used will be payable by the last day of each month. Interest will be charged only on the loan tranches paid out (i.e. the Contractor will not charge interest on the amount of unused credit). Interest is calculated on the loan balance according to the real calendar (365/366 days.)

9) The Ordering Party shall be notified in writing by the Contractor in writing by the 20th of each month about the amount of WIBOR 3 M base rate constituting the basis for the interest rate on the loan in a given month and the amount of accrued interest for a given month.

10) the loan will be secured by a blank promissory note together with a promissory note declaration,

11) date and method of collecting commission: The Contractor will not charge any fees or other commissions on the loan granted. This condition applies to commissions on the unused part of the loan, commissions on early repayment and other commissions applied by the Contractor related to servicing the loan and other fees,

12) The Ordering Party reserves the right to change the schedule of launching and repayment of the loan without additional fees and commissions. The Contracting Authority shall notify the Contractor of the planned early repayment of part or all of the loan; in the event of early repayment or in full of the loan; In the event of early repayment of part or all of the capital, interest will be payable on the actual debt.

The municipality will not submit a declaration of submission to enforcement pursuant to Article 777 § 1 point 5 of the Code of Civil Procedure.

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