The subject of the procedure is a public contract consisting in the provision of a long-term bank loan of PLN 8.750.000 (word: eight million seven hundred and fifty thousand) for the purpose of covering the budget deficit and the repayment of previously incurred obligations from title of the loans taken out.

The subject of the procedure is a public contract consisting in the provision of a long-term bank loan of PLN 8.750.000 (word: eight million seven hundred and fifty thousand) for the purpose of covering the budget deficit and the repayment of previously incurred obligations from title of the loans taken out.

1) The launch of the credit will occur in tranches on the basis of written applications submitted by the contracting authority by December 31, 2021.

2) The Contracting Authority reserves the possibility of using the credit less than the amount resulting from the credit agreement or withdrawal from the use of the loan amount. The Contractor for this respect will not request additional fees or commissions.

3) Loan repayment period: January 2022 — December 2033

4) Repayment of the loan will occur in quarterly installments, payable at the end of each quarter. Interest will be charged in monthly installments on the last day of each month on the amount of credit used. No grace is foreseen in interest repayment. The proposed repayment schedule is set out in Annex 2 to the SIWZ.

5) The Contracting Authority allows the possibility of early repayment of the loan without incurring additional costs associated with it, the interest will be counted until the day of repayment of the loan, not the end of the contract. The contracting officer will inform the contractor in writing (annex to the contract - rescheduling of the loan).

Loan interest rate - by WIBOR 1M interest rate, plus the bank's fixed margin. The interest rate is subject to the amount of the credit actually used by taking the actual number of days per month and assuming that the year is 365 days, the number of days in the leap year 366. A WIBOR rate is assumed to fix the loan rate for the given term of the interest rate of the interest rate for the term. one monthly deposits on the first day of each calendar month (if there were no quotations on that date, the previous day on which the listing was). The change in the interest rate resulting from the WIBOR 1M rate does not constitute a change in the terms of the agreement and does not require termination. Information about changes to the WIBOR rate is publicly available, including in particular online news services and in the press.

For the preparation of the offer, the contractor is obliged to accept WIBOR 1M in the amount effective at October 11, 2021, i.e. 0.55%.

6) The tenderer is obliged to scale and specify in the offer the rate as follows: the interest rate on the loan relative to the WIBOR 1M interest rate, in accordance with the provisions of point 7. Other costs or benefits associated with commissioning and operating the credit account must be included in the amount of interest rate on the loan. The tenderer is obliged to calculate any fees to the interest rate on the loan in such a way as to scale and present in the offer a single interest rate, the amount of which is binding throughout the loan period. The figures specifying the abovementioned rates shall be given in the form of a decimal fraction, to the exact two decimal places.

7) The Contracting Authority shall not permit the application of a preparatory commission by the Contractors. Offers from Contractors who offer a Preparatory Commission will be rejected.

8. Only the rates listed in point 7, calculated in accordance with point 8, shall be considered in force.

9) The collateral of the loan will be a promissory note in blanco along with a promissory statement. The Treasurer will not sign on the promissory note. The Treasurer will file a countersign on the promissory declaration. The Contracting Authority does not provide for the submission of a written declaration of execution pursuant to Article 97 of the Law of 29 August 1997 Banking Law (Journal of Laws of 2020, item 1896 as amended).