The subject of the contract is the granting and servicing of a long-term loan in the amount of 8 840 000.00PLN. Verbally: eight million eight hundred and forty thousand PLN 00/100 to cover the budget deficit and repay the obligations incurred, including bank loans.

The subject of the contract is the granting and servicing of a long-term loan in the amount of 8 840 000.00PLN. Verbally: eight million eight hundred and forty thousand PLN 00/100 to cover the budget deficit and repay the obligations incurred, including bank loans.

Standards:

1) The credit should be paid into the account indicated by the contracting authority (the contracting authority does not provide for opening a bank account with the bank that provided the credit).

2) The grace period in loan repayment is scheduled until January 19, 2022.

3) The repayment of the first installment was provided for January 20, 2022.

4) The loan will be repaid from the own income of the Municipal Municipality of Bartoszyce between 2022-2033.

5) Interest on the credit used will be accrued during monthly periods and become due to the bank on the 20th day of the following month.

6) The Contracting Authority accepts the actual calendar for accruing interest.

7) The collateral of the loan will be a promissory note in blanco along with a promissory statement.

8) Loan interest rate during the loan period will be based on the WIBOR 1M variable rate quoted on the last day of the month preceding repayment.

9) Interest on the loan taken out will not be capitalized.