1. The subject of the contract is the service of granting a long-term loan in the amount of PLN 73 000 000.

2. The long-term loan is planned to be taken in the fourth quarter of 2023 with an expected repayment date in the years 2024-2031 (i.e. for a period of 8 years), monthly repayments starting from January 2024.

3. The funds in the amount of PLN 73 000 000 are planned to be allocated to:

(a) financing the planned budget deficit,

b) covering liabilities planned in budget expenditures due to repayment of loan installments and bonds issued in previous years,

4. The loan will be released in tranches of various amounts in the fourth quarter of 2023.

5. Loan security: blank promissory note with declaration, countersigned by the City Treasurer.

Main conditions for the implementation of the subject of the contract:

1. The credit funds shall be released at the written request of the Ordering Party on the basis of a separate instruction, in the form of a transfer to the account indicated by the Ordering Party.

2. The credits shall be disbursed in whole or in part of the credit placed at the borrower's disposal, depending on his disposition and within the period indicated by him.

3. The Contractor shall not charge any fees or commissions except those referred to in the SWZ.

4. The bank margin shall be fixed throughout the duration of the contract and shall constitute the Contractor's remuneration for the credit granting service. The Contractor may not charge any other additional fees or commissions. The margin is expressed in p.p. and is added to the WIBOR 1M rate. Interest will be charged on the loan actually used and not made available to the Ordering Party.

5. The loan bears interest at variable interest rates applied by the Contractor in periods for which interest is calculated according to the principles set out below:

a) The interest rate on the loan used is calculated at the variable WIBOR 1M rate for one-month deposits increased by a fixed margin;

(b) WIBOR shall be determined monthly as the arithmetic mean of the WIBOR rate for one-month deposits established for the preceding calendar month. Where the standard rate is negative, the standard rate shall be 0,00%;

c) Interest on the used loan shall be calculated on a monthly basis and shall become due to the Bank on the last day of the month of a given interest period, and in the case of its full repayment on the date of its repayment. If the repayment date falls on a public holiday or which is not a business day for the Ordering Party, the repayment will take place the day before;

(d) For the calculation of interest, a month shall be assumed to have an actual number of calendar days and a year to have 365 days.

6. The Contracting Authority undertakes to repay interest on the used loan - without prior notice to the Contractor.

7. The Contractor shall inform the Contracting entity about the amount of accrued interest due for repayment, each month no later than 10 days before the date of payment. Information on the amount of interest shall be prepared by the Contractor in writing and sent electronically to the indicated e-mail addresses.

8. Repayment of accrued and due interest to the Contractor for a given monthly interest period will be made in the form of a transfer on payment dates, i.e. by the last day of the month to the loan servicing account belonging to the Contractor.

9. The loan is repaid monthly in 96 unequal installments.

10.Za the date of repayment of the receivables shall be considered as the date of recognition of the amount paid by the account indicated by the Contractor or the date of payment at the Contractor's cash desk. If the repayment date falls on a public holiday or not a working day for the Ordering Party, the repayment will take place the day before.

11. The Ordering Party has the right to make an early repayment of the loan or its part. The Ordering Party shall notify the Contractor about early repayment of the loan 7 calendar days in advance. The Contractor may not charge any fees for early repayment of the loan or part of it

12.Ca the subject of the contract is described in the specifications.