1. The subject of the contract includes the performance until 25.07.2036 of a banking service consisting in granting and servicing a bank loan in the amount of up to PLN 6,000,000 intended to finance the planned deficit in connection with the implementation of the investment.
2. The Ordering Party reserves the right to use the credit in an incomplete amount without giving a reason and without financial consequences and without incurring additional costs. With reference to Article 433 point 4 of the PPL, the Contracting Authority provides for the possibility of limiting the contract, with the minimum amount of the loan granted being set at PLN 500,000.00.
1. The subject of the contract includes the performance until 25.07.2036 of a banking service consisting in granting and servicing a bank loan in the amount of up to PLN 6,000,000 intended to finance the planned deficit in connection with the implementation of the investment.
2. The Ordering Party reserves the right to use the credit in an incomplete amount without giving a reason and without financial consequences and without incurring additional costs. With reference to Article 433 point 4 of the PPL, the Contracting Authority provides for the possibility of limiting the contract, with the minimum amount of the loan granted being set at PLN 500,000.00.
3. Term of use of the loan: until 31.12.2023. After this time, the Ordering Party will not be able to use the loan or part of it.
4. Deadline for making funds available: 2 days from the date of submission of a written request by the ordering party.
5. Agreement period - from the date of signing the contract until July 25, 2036.
6. The loan will be used in a non-cash form.
7. The loan will be released in tranches and amounts specified in the written application of the Ordering Party.
8. Interest rate on the loan: WIBOR 1M from the last day of the month preceding the period for which interest will be calculated, increased by the bank's margin; For the purpose of evaluating offers, the cost / price of obtaining the loan is calculated by the bidder for the period from 15 October 2023 to 25 July 2036.
The interest rate on the loan will be calculated on the basis of the WIBOR 1M rate from the last day of the month preceding the period for which interest will be calculated, and if the last calendar day of the month falls on a day off, the WIBOR 1M rate for calculating interest will be taken from the last business day of the month preceding the period for which interest will be calculated.
9. The bank's margin is fixed and does not change during the loan repayment period.
10. Interest on the used loan is calculated from the date of substitution of the due amount to the borrower's account on a monthly basis, on the last day of a given month, and if the last day of the month is a non-working day, payment will be made on the last business day, after obtaining written information from the Lender about the amount of interest, at least 10 days before the payment deadline, The last payment of interest will be made by 25 July 2036, and if it is a non-working day, on the last working day.
11. The repayment of principal will commence from 25 October 2024 in quarterly instalments. If the repayment of the last installment of the loan falls before the end of the interest period, interest will be payable on the loan repayment date.
12. The loan will be secured by a blank promissory note together with a promissory note declaration. The bill of exchange and bill of exchange declaration will be countersigned by the treasurer.
13. The Contractor shall not charge bank fees and commissions on any early repayment of the loan or any other costs apart from those listed in this point and the draft offer form (does not apply to the loan preparation commission).
14. The Contracting Authority shall not open a separate account with the Contractor in order to service the loan granted.
15. The Ordering Party reserves the right to repay all or part of the loan early without incurring additional commissions and fees.
16. The use of the loan in the amount lower than the amount being the subject of the contract will not result in incurring additional costs by the Ordering Party, with the proviso that the minimum loan amount will be PLN 500,000.00.
17. The municipality does not intend to include in the loan agreement provisions concerning the extension of the loan period or the possibility of postponing loan instalments to further years.
18. The municipality provides for the possibility of shortening the loan repayment period and reducing the number of instalments and their amount.
19. Loan tranches may constitute refunds of previously incurred expenses by the Ordering Party or be incurred for expenses to be incurred until the end of 2023.