The subject of the contract is the provision of a long-term loan in the amount of PLN 5,300,000.00 to the Municipality of Głowno to finance the budget deficit in 2023.

1) Loan term: 108 months starting from December 2023.

2) The loan will be repaid in 108 decreasing monthly principal and interest instalments on the 30th day of each month, including 95 principal instalments of PLN 55,208.33 each and the last instalment of PLN 55,208.65 taking into account the grace period until 01 January 2025. The interest will also be repaid on the 30th day of each month, including the principal instalment, starting from January 2024. If the loan repayment date falls on a non-working day, the Contracting Authority will settle the required instalment on the first business day following the scheduled repayment date.

3) The loan should be granted on the basis of a variable interest rate, based on the WIBOR 1 M reference rate

The subject of the contract is the provision of a long-term loan in the amount of PLN 5,300,000.00 to the Municipality of Głowno to finance the budget deficit in 2023.

1) Loan term: 108 months starting from December 2023.

2) The loan will be repaid in 108 decreasing monthly principal and interest instalments on the 30th day of each month, including 95 principal instalments of PLN 55,208.33 each and the last instalment of PLN 55,208.65 taking into account the grace period until 01 January 2025. The interest will also be repaid on the 30th day of each month, including the principal instalment, starting from January 2024. If the loan repayment date falls on a non-working day, the Contracting Authority will settle the required instalment on the first business day following the scheduled repayment date.

3) The loan should be granted on the basis of a variable interest rate, based on the WIBOR 1 M reference rate (quoted on the last day of the month preceding the beginning of the next monthly accounting period) increased by the bank's margin offered. During the loan repayment period, the margin offered cannot be increased. To calculate the amount of interest, the following should be assumed: WIBOR 1 M of 29.09.2023; Interest calculation starts on January 30, 2024.

4) Collateral: blank promissory note.

5) The loan may not be charged with fees other than those listed in the Terms of Reference.

6) If the loan is repaid at an earlier date, the interest will be calculated until the loan repayment date, and not until the end of the agreement (reservation of the possibility of early repayment of the loan without incurring additional costs).

7) A long-term loan in the amount of PLN 5,300,000.00 will be made available by the bank within 2 days from the date of submitting the requisition.

8) The Contracting Authority informs that when awarding the contract, it applies the right of option, which means that the amount of the loan is the maximum amount that should be used to calculate the price offer. The guaranteed amount of the loan to be taken out is PLN 2,650,000.00.