1. The subject of the contract is to grant a long-term loan in the amount of PLN 16,479,500, intended to finance the planned deficit of the municipal budget in 2023 – PLN 14,704,456 and PLN 1,775,044 for repayment of loan installments.
1. The subject of the contract is to grant a long-term loan in the amount of PLN 16,479,500, intended to finance the planned deficit of the municipal budget in 2023 – PLN 14,704,456 and PLN 1,775,044 for repayment of loan installments.
2. Manner of performance of the contract by the contractor:
1) Launch of the loan from 1 August to 31 December 2023 in the amount of PLN 16,476,500. Repayment of the loan in installments.
2) Bank:
a) will grant a loan in the period: from 1 August 2023 to 31 December 2023 – PLN 16,476,500,
b) agrees to the incomplete mobilisation of the loan and to the mobilisation of the loan in tranches,
(c) in order to call up credit, agrees to:
submission of a positive opinion of the Regional Chamber of Accounts on the possibility of repayment of the loan,
submitting a statement to the Commons not to have arrears on loans and loans and to properly service the debt and therefore the Bank will not require the submission of the opinion of the banks,
d) will charge interest on the amount of credit actually used;
3) the loan will be taken for a period of 236 months:
a) The repayment of capital will take place in annual periods – in the years 2024-2036 to 1 April, in the years 2037-2043 to 1 June,
If the repayment falls on a non-working day, the repayment of the installment will be made on the next business day.
(b) The repayment schedule of the loan over the repayment years shall include principal amounts:
01.04.2024 r. 300.000 PLN
01.04.2025 r. 300.000 PLN
01.04.2026 r. 300.000 PLN
01.04.2027 r. 200.000 PLN
01.04.2028 r. 200.000 PLN
01.04.2029 r. 100.000 PLN
01.04.2030 r. 300.000 PLN
01.04.2031 r. 200.000 PLN
01.04.2032 r. 200.000 PLN
01.04.2033 r. 400.000 PLN
01.04.2034 r. 400.000 PLN
01.04.2035 r. 400.000 PLN
01.04.2036 r. 400.000 PLN
01.06.2037 r. 1.700.000 PLN
01.06.2038 r. 2.000.000 PLN
01.06.2039 2.100.000 PLN
01.06.2040 r. 2.100.000 PLN
01.06.2041 r. 2.100.000 PLN
01.06.2042 r. 2.100.000 PLN
01.06.2043 r. 679.500 PLN
The Ordering Party reserves the right to use the loan amount lower than PLN 16,479,500 without costs charged to the Ordering Party.
Interest rate on the loan:
1) based on the variable rate WIBOR 3M,
2) the determination of the WIBOR rate for interest charge shall be determined on the basis of the WIBOR 3 M rate set for 2 working days before the end of the quarter and effective from 1 to the day of the following quarter.
This set rate applies for 3 months
3) repayment of interest in monthly periods, assuming that the interest year is 365 days,
4) change in interest rate - every 3 months,
5) repayment date of interest on the loan – based on the information sent by the Contractor on the amount of interest for the month – within 10 days after the end of the previous month, for December – by the end of the year,
6) the contractor charges no other fees related to the servicing of the loan than the interest, the contractor will not charge commissions and other fees, including fees on early repayment of the loan installments.
7) the amount of the margin will be fixed throughout the duration of the contract,
8. During the duration of the contract, the possibility of changing the time limits of repayment of the loan is reserved, i.e. early repayment of installments at the request of the Contracting Authority without charging additional fees.
The necessary data needed to assess creditworthiness, i.e. resolutions on the budget and the Multiannual Financial Forecast and their changes, opinions of the Regional Chamber of Auditors, budget statements, can be found on the website: bip.gmina-bartoszyce.pl in the subject menu: Taxes and fees, property and finance.