The subject of the contract is the service of granting a long-term loan in the amount of PLN 5,220,000 for the purpose of:
1) financing expenses not covered by revenue in the total amount: PLN 4 374 932
2) financing expenditures due to the repayment of a loan from the Provincial Fund for Environmental Protection and Water Management in Rzeszów – PLN 615,068,
3) expenditures due to repayment of installments of loans taken out in 2019-201 in the amount of: PLN 230,000.
4) The Ordering Party allows the reimbursement of already incurred property expenses and loan repayments.
1. The subject of the contract is the service of granting a long-term loan in the amount of 5,220,000
2. The loan will be activated on the date of signing the contract. The Ordering Party agrees that the loan will be paid in 2022 (1 tranche by 29 December 2022), at the request of the Ordering Party within the time limit indicated by the Contractor in the submitted offer,
1) The loan will be repaid in the years 2023 – 2032, in 38 quarterly installments, payable on the last day of the month ending the calendar quarter, starting from the third quarter of 2023
2) The grace period in repayment of the loan covers the time from the date of signing the contract to 30.09.2023.
3) The Ordering Party will be notified of the amount of the installment to be repaid within 1 month before the payment date.
4) The interest rate on the loan will be set quarterly at the 3-month WIBOR interest rate rate, recorded on the last business day of the quarter preceding the quarter for which interest is accrued and the bank's fixed margin. The bank's margin cannot be changed throughout the duration of the contract. Interest will be accrued and charged on the credit used. If the 3-month WIBOR interest rate referred to above is negative, it is assumed at the level of 0%.
5) Interest on the loan granted will constitute the Contractor's only remuneration for the performance of the loan agreement. The Ordering Party shall not incur any additional costs and fees related to the preparation, granting, insurance and any other fees related to the servicing of the loan.
6) Interest on the credit used shall be calculated on the amount of the current debt and shall be repaid quarterly on the last day of the month ending the quarter, whereby, where the final payment date falls on a non-working day, the due date falls on the first business day following that day.
7) Interest on the loan used will be calculated from the date on which the debt arises until the day preceding its repayment.
8) The Contractor shall each time notify the Ordering Party in writing about the change in interest rate, at the same time indicating the amount of interest applicable in a given quarter.
9) The Contractor undertakes to guarantee the acceptance of early repayment of part or all of the loan without charging the Ordering Party with additional costs after prior notification to the Contractor by the Ordering Party, within 7 days before the date of repayment, of the intention to make such repayment.
10) The Ordering Party reserves the right to:
(a) failure to use the full amount of the credit granted;
(b) renegotiation of amounts and maturities of principal repayments.
11) In the case of early repayment of the loan, interest will be calculated for the period of its actual use.
12) If the Ordering Party does not use part of the loan or makes an early repayment of part of the loan, the parties agree on a new repayment schedule in the form of an annex to the contract.
13) The Contractor may not make the granting of the loan dependent on the takeover of the Ordering Party's banking services and on credit insurance by the Ordering Party.
14) The Contractor will not require any other collateral for the loan taken out apart from the blank promissory note together with the promissory note declaration at the countersignature of the Treasurer of the Municipality.
15) The credit may not be charged with other fees than those listed in the SWZ
16) The Ordering Party shall not submit a declaration of submission to enforcement pursuant to Civil Procedure Code Art. 777(1)(5).
17) The Ordering Party's bank accounts are not subject to attachments.
18) The Ordering Party has no outstanding liabilities in banks.
19) The Ordering Party did not conduct a program of reorganisation proceedings within the meaning of the Act of 27.08.2009 on public finances.
20) The Ordering Party did not conduct bailiff debt collection activities initiated at the request of banks.
21) The Ordering Party has no outstanding liabilities towards ZUS and US.
22) Entities related by capital: Przedsiębiorstwo Gospodarki Komunalnej i Mieszkaniowej Sp. z o.o., with its registered office at 3-go Maja 11 39-120 Sędziszów Małopolski, the value of shares PLN 1,000,000, which constitutes 100% of shares.